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See how verdicts work2-bedroom house · NE34 7TP
For saleReduced £12k (−6.6%) on 1 OctListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wow, this lovely home certainly ticks a lot of boxes having been extended across the rear creating a dining sun room, a larger fitted kitchen breakfast and offers a four piece bathroom suite with a bath and separate shower enclosure, and two bedrooms.
The home has had a lot of thought and work to creates a great proposition in this coastal location which benefits from partial sea views and easy access to The Leas.
Outside there is a raised platform sun deck for the views, a huge shed/summerhouse and a large drive for ample off street parking. Lots to see and take in, making viewing a must to fully appreciate.
Entrance Porch An entrance porch via a PVCu front door and through to Entrance Hall Stairs to the first floor, laminate floor and a radiator Living Room A lovely living room with a centre piece multi fuel burning stove set on a tiled hearth, part feature panelled walls, laminate floor and a radiator .
Off the living room is the dining sun room Dining Sun Room Clad ceiling and French doors to the garden Kitchen Breakfast Room Extended to provide a kitchen breakfast room with a range of wall and base units with work surfaces housing a sink unit, space for appliances and finished with half tiled walls and a chrome towel radiator.
There's a built in cupboard and laminate floor Bathroom A four piece bathroom suite comprising a bath, wash basin and WC, separate shower enclosure with an electric shower, part tiled walls, PVC clad ceiling, laminate floor and a radiator First Floor Landing Bedroom 1 Built in wardrobes and cupboard space, radiator.
There is loft access via hatch and ladder with the loft being boarded Bedroom 2 An L shape bedroom with a radiator External Block paved and concrete drive to the front for ample vehicle parking and with an EV charging point.
To the rear there are patio style gardens with synthetic grass and a block paved patio. A raised platform sun deck area has a sea view between the houses.
There is a huge garden shed/summerhouse that offers ample extra space and there is a storage shed built lean to on the side of the home Note Freehold Title, Council Tax Band A, Mains Services Connected, Flood Risk very low.
Broadband Basic 28 Mbps, Ultrafast 1000 Mbps. Satellite/Fibre TV Availability BT, Sky and Virgin. Mobile Coverage, Three likely, O2 and Vodafone limited, EE unlikely
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
FAQ
About 56, Bamburgh Grove, South Shields
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