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See how verdicts work2-bedroom flat · NE30 2SE
Sold STCListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL PRESENTED TWO BEDROOM FIRST FLOOR APARTMENT WITH A GARAGE SITUATED WITHIN THIS SOUGHT AFTER DEVLOPEMENT IN TYNEMOUTH CLOSE TO NORTHUMBERLAND PARK - OFFERED WITH NO UPPER CHAIN We are delighted to welcome to the market this bright and airy two bedroom first floor apartment situated within the sought after development of St Aidans Court in Tynemouth.
Benefitting from good sized accommodation, corner position, garage and use of a lift. Briefly comprising: Secure communal entrance with stairs and lift to the first floor.
The private hallway offers access to all rooms and benefits from two built in storage cupboards.
The living room is bright and airy due to the corner position, benefitting from a dual aspect with a bay window to the front.
The well equipped kitchen has a good range of fitted units, integrated appliances include an electric hob, oven, extractor fan, microwave, dishwasher, fridge and freezer.
There are two double bedrooms, one of which has fitted wardrobes providing additional storage. The shower room comprises a step in shower, a fitted vanity unit houses a hand basin and W.C.
and a heated towel rail. Externally there are well maintained communal gardens and a garage.
The property is a short walk in to Tynemouth Village which offers a good range of shops, cafés and restaurants as well as the award winning Long Sands beach.
Tynemouth Golf Club is a few minutes walk away as is the newly regenerated Northumberland Park ideal for pleasant walks.
Secure Communal Entrance - Private Hallway - Living Room - 4.67m x 3.46m (15'3" x 11'4") - Kitchen - 3.76m x 2.34m (12'4" x 7'8") - Bedroom One - 4.21m x 2.55m (13'9" x 8'4") - Bedroom Two - 3.35m x 2.93m (10'11" x 9'7") - Shower Room - 1.95m x 1.93m (6'4" x 6'3") - Externally - Externally there are well maintained communal gardens and a garage.
Tenure - Leasehold - 987 years remaining.
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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About St Aidans Court, Tynemouth
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