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Bullers Green, Morpeth, Northumberland, NE61 1DF

North East

£170,000Guide Price

Listed on 15/07/2026

Property details

Bedrooms
4
Type
Semi Detached
Area
1953 sqft

Description

Constructed in the mid-19th century, this property offers a compelling chance for those looking to engage in renovation or redevelopment efforts. The building is imbued with historical character and original features, making it an appealing canvas for transformation into modern apartments (subject to necessary permissions), a spacious family residence, or various commercial ventures. Positioned conveniently in Morpeth, the property is within proximity to local shops, cafes, restaurants, and leisure facilities, alongside strong transport links and reputable schools. This unique asset presents a remarkable opportunity for investors or developers eager to create something distinctive.

Investment analysis

(NE61 area)

Below Market Value

This property is priced -64.2% below area average per sq ft

-64.2%
Potential saving
This Property
£87/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£522,144
10% above area average per sq ft
Potential ROI
+63.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NE61)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +13.9%
5 year growth: +12.5%
Investment Disclaimer: Analysis based on NE61 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Bullers Green, Morpeth, Northumberland, NE61 1DF
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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