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See how verdicts work3-bedroom bungalow · NE30 3AB
Under offerListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rare to the market and offered with no upper chain, this immaculately presented and beautifully converted three bedroom detached dormer bungalow, with an additional study currently used as a fourth bedroom, occupies a prime position on the highly sought-after Thursby Avenue, Cullercoats.
Renowned for its peaceful residential setting, excellent local amenities, highly regarded schools and easy access to the coast, Metro and vibrant cafés, this is an exceptional home suited to a wide range of buyers.
Boasting generous proportions, a superb layout and an abundance of character, the accommodation begins with a welcoming vestibule leading to a spacious hallway with understairs storage and doors to the principal rooms.
To the front is a grand bay fronted reception room, currently used as a dining room, which flows through to a charming living room with feature fireplace and gas fire.
A bright garden room overlooks and opens onto the beautiful rear garden.
The classic open plan kitchen diner offers an excellent range of units with contrasting worktops, integrated eye level double oven, electric hob, extractor hood, fridge and dishwasher, plus ample dining space.
A separate utility room, downstairs WC and versatile study, presently used as an additional bedroom, complete the ground floor.
To the first floor are three spacious bedrooms, two with fitted wardrobes and dressing tables, while the third enjoys a dual aspect.
A stylish, generous bathroom features a walk-in shower, wash basin, bidet and WC. Externally, there is an attached garage, driveway parking and an attractive front garden.
To the rear is a substantial, secluded west-facing garden with lawn, patio, mature planted borders and colourful flower beds, creating a wonderful outdoor space for relaxing and entertaining.
A truly special home in a first class location - early viewing is essential.
Vestibule - Entrance Hallway - Reception Room - 3.68m x 3.66m (12'1 x 12) - Reception Room - 4.34m x 3.66m (14'3 x 12) - Garden Room - 3.07m x 2.41m (10'1 x 7'11) - Kitchen Diner - 7.34m x 2.01m (24'1 x 6'7) - Utility Room - 2.46m x 1.98m (8'1 x 6'6) - Study - 2.77m x 2.39m (9'1 x 7'10) - Downstairs Wc - Landing - Bedroom - 5.54m x 2.69m (18'2 x 8'10) - Bedroom - 6.58m x 2.49m (21'7 x 8'2) - Bedroom - 4.62m x 2.69m (15'2 x 8'10) - Bathroom Wc - 3.56m x 1.98m (11'8 x 6'6) - Garage - 5.56m x 2.54m (18'3 x 8'4) - Front Garden - Rear Garden -
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.
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About Thursby Avenue, Cullercoats
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