3-bedroom flat · NE30 4PX
Listing removedListed 148 days
Opportunity summary
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About
SPACIOUS THREE BEDROOM UPPER MAISONETTE SHOWING FANTASTIC POTENTIAL SITUATED CLOSE TO THE SEAFRONT IN CULLERCOATS - OFFERED WITH NO UPPER CHAIN We welcome to the market this well proportioned three bedroom upper maisonette, conveniently located close to local shops, amenities and only a stone's throw from the beautiful Cullercoats Bay.
Whilst in need of some modernisation, this property offers a versatile layout set over two floors and benefits from a newly installed boiler and a private rear yard.
Briefly comprising: Private entrance with stairs leading to the first floor landing.
Overlooking the front of the property is a generous sized bedroom, featuring high ceilings, decorative coving, ceiling rose, fireplace and a large bay window with views down towards the seafront.
This room offers a versatile space and could be utilised as a lounge if preferred. Towards the rear is the living room which gives access to the kitchen where stairs lead down to the private yard.
Accessed from the living room is a further reception space which could be used as a dining room or study depending on your needs.
To complete this floor is the bathroom, comprising a bath with shower over, hand basin, W.C. and heated towel rail. To the top floor landing are built in storage cupboards.
There are two bedrooms on this floor, one in particular is generous in size with built in cupboards. Externally to the rear is a private south facing yard.
This property is ideally located close to the seafront, local shops, cafes and restaurants.
It is also within walking distance to the Metro station in Cullercoats, and is well placed for ease of access to major road links into the city centre and other coastal towns.
The property is only minutes from the beach, offering an array of watersports and activities.
Private Entrance Hallway - Bedroom One/Lounge - 4.83m x 3.77m (15'10" x 12'4") - Living Room - 3.57m x 3.32m (11'8" x 10'10") - Dining Room/Study - 2.99m x 2.37m (9'9" x 7'9") - Kitchen - 2.47m x 2.37m (8'1" x 7'9") - Bathroom - 2.36m x 1.76m (7'8" x 5'9") - Bedroom Two - 5.96m x 3.30m (19'6" x 10'9") - Bedroom Three - 3.02m x 2.11m (9'10" x 6'11") - Externally - Externally to the rear is a private south facing yard.
Tenure - Leasehold
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 Eskdale Terrace, Cullercoats
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