1-bedroom flat · NE30 4NU
Listing removedListed 113 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***PLEASE BE AWARE APPLICATIONS TO VIEW THIS PROPERTY MUST BE MADE ONLINE.
THE CITY AND SUBURB TEAM WILL NOT BE ABLE TO ASSIST WITH VIEWING REQUESTS MADE OVER THE PHONE*** The City and Suburb team are delighted to present this one bedroom apartment situated on Beverley Terrace.
The flat is part of a development of a number of apartments in a small block and has been constructed and finished to the highest standard, keeping some lovely period features!
The property has an excellent open plan kitchen and living area with gorgeous views of Cullercoats Bay. There is a spacious bedroom to the rear and modern bathroom in the middle of the property.
The bathroom has a shower over the bath and wall mounted mirror above the sink.
The kitchen includes appliances such as integrated fridge freezer and double oven as well as a free standing washer and a free standing dryer.
Externally there is secure parking to the rear of the development. Holding Deposit (per tenancy): One Weeks Rent. This is to reserve a property.
Security Deposit (per tenancy): Equal to One Months Rent This covers damages or defaults on the part of the tenant during the tenancy.
***PLEASE BE AWARE APPLICATIONS TO VIEW THIS PROPERTY MUST BE MADE ONLINE. THE CITY AND SUBURB TEAM WILL NOT BE ABLE TO ASSIST WITH VIEWING REQUESTS MADE OVER THE PHONE***
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
Agent & docs
FAQ
About Beverley Terrace, Cullercoats, Tyne and Wear, NE30 4NU
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