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See how verdicts work2-bedroom bungalow · NE25 9DN
Sold STCReduced £5k (−2%) on 15 SepListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****no upper chain**** Located in a sought after area of Monkseaton on Athol Gardens just off the main road Seatonville Road.
Monkseaton village offers an array of local shops, cafes and pubs, only a short distance away from the main town of Whitley Bay.
A seaside town with family entertainment and beautiful beach sea front stretching along the coastline into Tynemouth and Blyth.
There are local supermarkets in the area and metro links are in Monkseaton as well as West Monkseaton for commuting into Newcastle and other coastal towns.
The two bedroomed property is a well proportioned semi detached bungalow with versatile living.
Benefiting from double glazing, gas central heating and briefly comprising of: Entrance lobby, entrance hallway, lounge to the front with bay window, two bedrooms both with feature cast iron fire surrounds, kitchen electric oven and gas hob and a bathroom with separate WC.
Externally there are front and rear gardens and a paved driveway.
Hallway (2.74 x 1.20 x 2.24 x 2.48 (8'11" x 3'11" x 7'4" x) Living Room (3.79 x 4.46 (12'5" x 14'7")) Kitchen (3.99 x 2.81 (13'1" x 9'2")) Bedroom One (3.88 x 3.65 (12'8" x 11'11")) Bedroom Two (3.85 x 2.49 (12'7" x 8'2")) Bathroom (2.65 x 1.59 (8'8" x 5'2")) Separate Wc (1.66 x 0.78 (5'5" x 2'6"))
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
Area
Agent & docs
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FAQ
About 15, Athol Gardens, West Monkseaton
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