Bridge Road, Lynemouth, Morpeth, NE61 5YJ

Property Overview

A spacious three-bedroom semi-detached house on Bridge Road, Lynemouth, Morpeth, offered freehold with no onward chain. The property would benefit from a programme of updating and improvement. It has double glazing, central heating throughout, an enclosed front garden and an enclosed rear garden.

Accommodation

• Entrance hallway
• Lounge with bay window and fireplace
• Fitted kitchen
• Rear porch/hallway
• Downstairs WC
• Three first-floor bedrooms
• Family bathroom with bath and shower
• Enclosed front and rear gardens

Location

Situated on Bridge Road in Lynemouth, Morpeth, Northumberland, NE61 5YJ.

Tenure & Key Information

• Tenure: Freehold
• EPC: D
• Council Tax: Band A
• Heating: Central heating throughout
• Seller advises mains gas, electricity, water and sewerage
• Very low risk of surface water flooding, as advised
• Occupancy status: not supplied and unconfirmed

Auction & Buyer Charges

• Guide Price: £60,000+
• Auction Date: 30 September 2026
• Administration Charge: £2,000 + VAT, total £2,400, payable by the successful buyer
• No buyer premium has been supplied
• If using a North East-based solicitor from the auctioneer’s panel, the auctioneer may receive a referral fee of between £200 + VAT (£240) and £400 + VAT (£480)

Investment Analysis

HB estimate: the five completed sold comparables range from £49,950 to £87,000, with an average of £71,970. The three most recent sales averaged £79,800. Based on the supplied evidence, the supported HB estimated GDV range is approximately £75,000–£85,000, subject to condition and exact specification. HB estimated GDV: £80,000.

• HB estimated rent: £604 pcm
• HB estimated gross yield range: 8.53%–9.66%
• HB estimated maximum bid: £60,000
• At a £60,000 hammer price plus the known £2,400 administration fee, the acquisition cost before other costs is £62,400

HB strategy: treat £60,000 hammer as the maximum evidence-based bid pending confirmation of condition, the legal pack and any additional charges. No refurbishment estimate has been supplied.

Sold Comparables

HM Land Registry sold data supplied:

Address	Sold Price	Sold Date	Type	Tenure
28, Bridge Road, Lynemouth, Morpeth, Northumberland, NE61 5YJ	£87,000	2024-10-18	Semi-Detached	Freehold
24, Bridge Road, Lynemouth, Morpeth, Northumberland, NE61 5YJ	£78,900	2024-05-30	Semi-Detached	Freehold
22, Bridge Road, Lynemouth, Morpeth, Northumberland, NE61 5YJ	£73,500	2023-10-18	Semi-Detached	Freehold
7, Bridge Road, Lynemouth, Morpeth, Northumberland, NE61 5YJ	£70,500	2020-07-02	Semi-Detached	Freehold
28, Bridge Road, Lynemouth, Morpeth, Northumberland, NE61 5YJ	£49,950	2019-05-28	Semi-Detached	Freehold

Rental Evidence

Advertised rental evidence: one three-bedroom semi-detached house rental in Lynemouth at £604 pcm. This is an advertised asking rent, not an achieved or passing rent. No auctioneer estimated rent has been supplied.

Strategy & Risks

• Property condition and refurbishment requirements are not provided.
• Occupancy status is blank; vacant possession or tenancy status is unconfirmed.
• Only one advertised rental comparable is supplied, and £604 pcm is an asking rent rather than achieved rent.
• No buyer premium or other purchase costs have been supplied.
• Legal title, restrictions, liabilities and auction conditions have not been provided.
• All HB figures are estimates and are not formal valuations.