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St. Marks Street, Morpeth NE61 - Image 1
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St. Marks Street, Morpeth NE61

North East

£190,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house in Morpeth presents a promising investment opportunity, offering spacious living areas that could benefit from some modernisation. The property features a generous lounge, ample kitchen space with potential for upgrades, and three well-sized bedrooms. It is complemented by both front and rear gardens, providing outdoor space for enhancement. Located conveniently within walking distance to local amenities such as Sanderson Arcade, restaurants, pubs, and picturesque riverside walks, this home is ideally positioned for those seeking a blend of comfort and convenience. The layout includes an entrance hall leading to the lounge and kitchen, with a rear porch providing access to additional storage and a cloakroom. Upstairs are three bedrooms and a shower room that could be transformed into a more contemporary bathroom setup. The property comes equipped with gas central heating and double glazing. This residence holds great potential for refurbishment that could significantly enhance its value in this sought-after area.

Investment Analysis

(NE61 area)
Area Average
£244/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (NE61)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +14.9%
5 year growth: +15.8%
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

St. Marks Street, Morpeth NE61
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£685
Based on a loan of £142,500 over 30 years at 4.06% 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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