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See how verdicts work2-bedroom flat · NE25 8AB
Sold STCListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LUXURY RETIREMENT LIVING with this outstanding LARGER STYLE FIRST FLOOR APARTMENT set within a superb purpose built development within delightful grounds.
Secure peace of mind living for someone downsizing and a location that is close to local shops and the Metro.
Entry to the building is via a door intercom system and immediately within there is a superb and spacious residents lounge with kitchen and both stairs and lift access to all flats.
The property itself benefits from energy efficient underfloor heating and includes a reception hallway, a fabulous all purpose living/dining room, recently refurbished modern kitchen with built in appliances, main bedroom with en suite bathroom and walk-in dressing room, a further double bedroom and a separate shower room/WC.
The communal facilities include a guest suite, laundry, 24 hour emergency cover and a house manager.
Externally there is ample visitor parking and the development is surrounded by delightful, private gardens.
Representing an excellent choice, this lovely property is strongly recommended for an early viewing.
Ground Floor Communal Entrance Hall A lovely welcome to the building with access to communal facilities that include a superb and spacious day lounge for use by the residents as well as to the other amenities available.
Both stairs and lift access to all flats. First Floor Landing Private Entrance Hall Large hallway with two good size storage cupboards, door intercom entry phone.
Living Room/Dining Room 6.65m x 3.5m A superb all purpose living, dining and entertaining area with dual aspect and double glazed doors onto Juliette balcony overlooking the communal gardens.
Feature fireplace with electric fire, space for dining room table and chairs. There is a 24 hour emergency call system and energy efficient underfloor heating.
Dining Area Photo Kitchen 2.29m x 2m Recently refurbished, well appointed kitchen to include range of wall and floor units, stainless steel sink unit with drainer, fitted four ring hob and oven with extractor above, integrated fridge/freezer and dishwasher, work surfaces, spot lights to ceiling, energy efficient underfloor heating, double glazed window with fitted blind.
Bedroom One 5.13m x 2.87m Bright and airy room with delightful aspect over gardens, double glazed window with fitted blind, energy efficient underfloor heating, walk-in lit dressing room/wardrobe facility and a 24 hour emergency call system.
En Suite Shower Bathroom/WC 1.98m x 1.37m Modern bathroom with low level WC, vanity wash basin with storage below, vanity mirror with lighting over, panelled bath with shower attachment and glass screen, wall and floor tiling.
Bedroom Two 3.9m x 2.57m Double glazed window with aspect over communal gardens, energy efficient underfloor heating.
Shower Room/WC Well appointed to include walk-in shower, pedestal wash basin, low level WC, wall and floor tiling, mirror with courtesy lighting, heated towel rail, 24 hour emergency call system and energy efficient underfloor heating.
External The development is set within delightful grounds that include extensive parking areas, lawns, patios and well stocked flower borders. There is visitor parking available.
Communal Facilities Communal facilities including a lovely day lounge, guest suite with en suite shower room, laundry room, extensive grounds, parking and a House Manager.
Additional Communal Lounge Photo Communal Gardens Communal Gardens Car Park Lease & Maintenance Charges We understand the following applies: Leasehold: 111 years remaining.
Ground Rent: £495 per annum. Service Charge: £5,289 per annum (£440.75 per month). All heating and hot water in communal areas as well as in the flat included in service charge.
All prospective purchasers will need to verify this information with their legal advisor.
Council Tax North Tyneside Council Tax Band C Mortgage Advice A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited.
For a free initial consultation contact Darren on . **Your home may be repossessed if you do not keep up repayments on your mortgage**
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Bygate Court, Monkseaton, Tyne & Wear, NE25
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