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See how verdicts work2-bedroom flat · NE30 4LH
Sold STCReduced £40k (−11.9%) on 26 OctListed 119 days
Opportunity summary
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About
This impressive first floor conversion apartment forms part of this Victorian Terrace that is located in the heart of Tynemouth with a lovely west facing open aspect, 2 double bedrooms, 2 bathrooms, a refitted kitchen and large sitting room that’ll appeal to a wide range of buyers.
Accommodation comprises: Ground floor: Communal hallway.
First floor: Communal landing, hallway, bedroom 2, sitting room, master bedroom, ensuite shower room, inner hallway, kitchen, rear hallway, bathroom.
Situation: Located on a prime street in the heart of the beautiful seaside town of Tynemouth is this first floor apartment. Tynemouth is highly sought after.
Its town centre is bustling with local and national shops, restaurants, bars, pubs and coffee shops.
With excellent schooling for all ages the area is popular with first time buyers, couples and families alike.
transport links are good with a Metro Station that links directly into Newcastle City Centre where a mainline station connects to London Kings Cross in less than 3 hours.
The Metro also links to Newcastle International Airport with destinations around the globe.
Of course Tynemouth also has its beaches, King Edwards Bay & Longsands making this a great location for water sports enthusiasts.
Description: This most impressive first floor apartment forms part of this larger white brick Victorian terrace.
One of 3 apartments that have an equal share of the freehold the property has been much improved by the present owners to include a new kitchen and bathroom and the room sizes are great with lovely high ceilings.
Heated by gas central heating the apartment will appeal to first time buyers and couples and an internal inspection is essential to appreciate all that is on offer, its location and lovely west facing open aspect to the front elevation.
The communal hallway is accessed by an entry phone system and stairs lead up to the first floor and the apartment itself.
Once in the hallway there is a door to bedroom 2 which is a double bedroom with a window to the front. Another door leads into the sitting room which is a good size and the principal reception space.
With a bay window to the front west facing elevation which allows for additional natural light and space this room has corniced ceilings and space for a dining table.
The principal bedroom is a generous double room. This time to the rear, there is corniced ceilings and a door to the ensuite shower room with shower cubicle, wash basin and wc.
The inner hallway leads directly into the kitchen which has been refitted by the present owner. fitted with modern wall and base units and complementary worktops and integral appliances.
There is a window to the rear. Rear hallway has stairs down to the rear elevation and also to the modern refitted luxury bathroom with white 3 piece suite and shower over the bath.
Outside To the front a path leads to the front door. To the rear there is access to the rubbish bins & recycling. EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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 Percy Park Road, Tynemouth, NE30
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