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£39,995

Studio for sale
Bamburgh Drive, Pegswood NE61

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

Chain free
Leasehold
Reduced on 29/01/2026

About this property

  • A simple, smart studio that’s an ideal first-time buy or fuss-free rental with £450pcm

  • Open-plan living space with room to relax, cook, eat and sleep in one easy-to-manage layout

  • Fitted kitchen with oven, hob, washing machine and fridge

  • Separate fully tiled shower room

  • Handy hallway storage cupboard housing the boiler with space to tuck a few extras away

  • Double-glazed window looks out over communal gardens

  • Five minutes walk to the local Co-op and takeaways

  • Pegswood Station nearby for trains to Morpeth & Newcastle

  • No chain means you can get moving fast whether you’re buying to live in or let it out

  • Low-maintenance and budget-friendly property for landlords or first-time buyers

A Simple, Smart Studio That’s An Affordable First Time Buy Or A Budget btl. Not everyone is looking for the biggest or the best. For some, this simple studio that’s only a 5 minute walk to the shops and the station will be just perfect.

If you're after an easy first step onto the housing ladder or a no-nonsense rental that could bring in £450 a month, this compact Pegswood studio could be the answer. It’s chain-free, with a simple layout and just a short walk from the shops, station and a choice of places to eat.

The main living space is open plan, with a compact fitted kitchen area that includes an oven & hob a washing machine and fridge. There’s a large double-glazed window looking out over the shared garden and enough room to eat, sleep and relax.

It has a separate modern fully tiled shower room and a handy storage cupboard which also houses the gas boiler.

Everything you need day to day is within walking distance, including the local Co-op and a choice of takeaways. Pegswood Station is only a 5 minute walk away, with trains into Morpeth and Newcastle, so you're well connected without needing a car.

Whether you’re buying your first place or adding a pocket money property to your portfolio, this little studio makes a lot of sense. It’s affordable, cheap to run, easy to rent, chain free and ready to go.

Don’t miss out - call to book your viewing now - before someone else beats you to it.

EPC Rating: C

Tenure: Leasehold 145 years remaining

Service Charge: £174 per month.

Council Tax Band: A

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Monthly repayment

£200 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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