2-bedroom bungalow · NE30 3LN
Listing removedListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully positioned within one of Whitley Bay’s most sought-after residential cul-de-sacs, just a short stroll from the picturesque Marden Quarry Park, Metro station and Whitley Bay town centre, with the stunning coastline also only a few minutes away by car.
Offered for sale with no onward chain, this semi-detached bungalow presents a fantastic opportunity for a buyer to update and personalise a home in an exceptional location.
Entrance porch, fabulous sized lounge and dining room with a large picture window overlooking the front garden, fitted kitchen, two double bedrooms, with the principal bedroom benefiting from an extensive range of fitted wardrobes, and a spacious bathroom featuring both a panelled bath and separate shower cubicle.
Externally, is a beautiful rear garden with patio, lawn and shed, fabulous front garden, driveway and attached garage.
Freehold, EPC: Tbc, Council Tax Band: D, Electricity, Water, sewerage, heating mains connected, broadband: Cable, Mobile coverage blackspot: No Mining: The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property if any.
Agents Note: "Please note that a non refundable aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks".
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About 21, Broadway Close, North Shields
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