About This Property

Discover what makes this home special

Lockton is a beautifully designed three-bedroom family home located in the desirable Morpeth area. This property offers a spacious lounge, a modern kitchen with dining area, and a convenient downstairs WC. Upstairs, the home features three well-proportioned bedrooms, including a master bedroom with an en-suite bathroom, plus a family bathroom. The south-facing rear garden ensures excellent natural light throughout the day, perfect for family outdoor activities and entertaining.

Situated on plot 24 in the Laurel Chase development, this home combines contemporary living with a peaceful neighborhood atmosphere. The drive-through garage adds practical parking and storage solutions, while the thoughtful layout maximizes space and comfort for modern family life. Morpeth’s rich heritage and excellent amenities make Lockton a fantastic choice for buyers seeking a balanced lifestyle.

Property Features

The Lockton offers a south-facing garden that benefits from ample sunlight, enhancing outdoor living experiences. The drive-through garage provides convenient parking and additional storage space. Inside, the open-plan kitchen and dining area is ideal for family meals and entertaining guests, complemented by a spacious lounge for relaxation. The master bedroom includes an en-suite, adding privacy and comfort, while the downstairs WC adds practicality for visitors. Storage cupboards on both floors increase usability and help maintain a clutter-free home.

South-facing gardenDrive-through garageEn-suite bathroomDownstairs WCOpen-plan kitchen and diningSpacious lounge+3

Local Amenities

Lockton benefits from excellent local amenities within Morpeth, a historic market town known for its community feel and accessibility. Morpeth Railway Station offers direct links to Newcastle and beyond, making commuting straightforward. Families will appreciate the proximity to well-regarded schools such as Morpeth Primary and King Edward VI High School. Shopping needs are met by Morrisons supermarket and various local shops, while recreational facilities like Morpeth Leisure Centre and Carlisle Park provide ample opportunities for sport and leisure. Regular bus services further enhance connectivity within the town and surrounding areas.

Morpeth Railway StationMorpeth Primary SchoolSt Robert's Catholic Primary SchoolKing Edward VI High SchoolMorrisons SupermarketMorpeth Leisure Centre+2
Morpeth Railway Station Train Station (1.3 miles, 5 mins drive) • 20 mins to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£337,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£337,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Analyzing...
--/100
ChallengingModerateGoodExcellent

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£337,995
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.2%
Based on £1,746/mo rent
Area Price Growth
+4.4%
Average annual increase
5-Year Value Forecast
£419,593
+£81,598 projected gain
5-Year Rent Forecast
£2,554/mo
Based on 7.9% annual growth
Price per Sq Ft£322
Annual Rent Income£20,952
10-Year ROI248%
Break-Even Point11 yrs

Property Value Projection

Based on 4.4% annual growth
£419,593
5yr
£520,891
10yr
£646,645
15yr
£802,757
20yr
£996,558
25yr
Current: £337,995

Monthly Rental Income

Based on 7.9% annual growth
£2,554
5yr
£3,735
10yr
£5,462
15yr
£7,989
20yr
£11,684
25yr
Current: £1,746/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Newcastle Central
20 mins
25 mins
Edinburgh Waverley
1h 10 mins
1h 30 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-Facing Best for Sunlight
8h
Garden Sun (Summer)
No
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Moderate
Afternoon Good
Evening Good
Kitchen/Dining
Morning Good
Afternoon Excellent
Evening Moderate
Bedroom 1 (Master)
Morning Good
Afternoon Good
Evening Moderate
Bedroom 2
Morning Moderate
Afternoon Moderate
Evening Low
Bedroom 3
Morning Moderate
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
48
Transit Score
Some Transit
52
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Residential+Positive Impact
Cottingwood Expansion
0.5 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£337,995
AvailableNB0000042991
View Location Analytics

Lockton

Morpeth, Morpeth NE61 2NP
Laurel Chase
3
Bedrooms
2
Bathrooms
1,050
Est. Sq ft
house
Type

Developer

Barratt Homes
Available Plot Numbers
24
1 plot(s) available
Ownershipfreehold

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£337,995Lockton

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Lockton
Lockton Morpeth£337,995

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