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See how verdicts work2-bedroom bungalow · NE25 9PU
Listing removedListed 373 days
Opportunity summary
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About
WONDERFUL OPPORTUNITY TO ACQUIRE THIS SPACIOUS TWO BEDROOM SEMI DETACHED BUNGALOW OCCUPYING A GENEROUS SIZED PLOT IN WEST MONKSEATON - OFFERED WITH NO UPPER CHAIN Brannen & Partners welcome to the market this well proportioned two bedroom bungalow, which sits on a good sized plot with gardens to the front and rear.
Showing fantastic potential, the property boasts two double bedrooms, kitchen/diner, conservatory, well maintained gardens, driveway parking and a garage.
Briefly comprising: Entrance hallway leading to a bright and airy living room, benefitting from a large window to the front allowing plenty of light to fill the room.
Off the lounge is a double bedroom with views over the rear garden.
The kitchen/diner is a good size with fitted wall and base units, whilst a door leads to the conservatory offering views over the rear garden and a door opening out to a patio area.
An inner lobby off the lounge offers access to the main double bedroom and wet room, comprising hand basin within a fitted vanity unit and W.C.
A walk in cupboard provides additional storage, as well as access to the utility room, where there is plumbing for a washing machine and a door out to the rear garden and garage.
Externally to the rear is a large well maintained garden laid to lawn with mature planting and a patio area. To the front is a lawn, driveway parking and a garage.
West Monkseaton is a popular residential area with a good range of local amenities including shops, cafes and restaurants.
This property is within walking distance to West Monkseaton Metro station providing excellent access to other coastal areas and Newcastle City centre.
Whitley Bay is close by offering beautiful beaches, independent shops, restaurants and cafes.
Entrance Hallway - Living Room - 5.02m x 3.70m (16'5" x 12'1") - Kitchen/Diner - 5.58m x 2.68m (18'3" x 8'9") - Conservatory - 2.87m x 2.21m (9'4" x 7'3") - Bedroom One - 4.47m x 3.18m (14'7" x 10'5") - Bedroom Two - 3.59m x 3.05m (11'9" x 10'0") - Shower Room - 2.50m x 2.36m (8'2" x 7'8") - Storage Cupboard - 1.66m x 1.64m (5'5" x 5'4") - Externally - Externally to the rear is a large well maintained garden laid to lawn with mature planting and a patio area.
To the front is a lawn, driveway parking and a garage. Tenure - Freehold
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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