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Sleekburn, Morpeth NE61

North East

£175,000
Listed on 11/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached home presents an excellent opportunity for those seeking a property with potential for customization and value growth. Situated on a completed residential development on the southeastern edge of Morpeth, the location offers a desirable mix of tranquility and accessibility. You will find yourself within easy reach of local amenities, including shops, cafés, and the train station, while enjoying the benefits of a quieter neighborhood. The interior layout is practical and inviting, making it ideal for first-time buyers or those transitioning from shared living arrangements. The living room is filled with natural light, providing a welcoming space to unwind. A convenient downstairs toilet adds functionality to the main floor, while the kitchen features French doors leading directly to the south-facing garden—an ideal setup for outdoor entertaining or relaxation during sunny afternoons. The property retains its modern appeal with neutral décor throughout, leaving ample opportunity for personal touches and renovations that could enhance comfort and style. Upstairs, you'll find two well-proportioned bedrooms along with a straightforward bathroom equipped with a shower over the bath. Outside, the driveway offers off-street parking, while the enclosed garden serves as an appealing outdoor retreat to enjoy seasonal gatherings or quiet moments in nature. As this home is chain-free, it provides a smooth transition into ownership without the complications often associated with new builds. With its combination of convenient location and untapped potential for customization, this property stands out as an attractive investment opportunity for those looking to enter the housing market or expand their portfolio.

Investment Analysis

(NE61 area)
Area Average
£241/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
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
15%
Properties sold annually

Local Market Trend (NE61)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 15.0%
5 year growth: 15.3%
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

Sleekburn, Morpeth NE61
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£641
Based on a loan of £131,250 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE