2-bedroom house · NE25 9JJ
Listing removedListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East are delighted to welcome this charming two-bedroom bungalow to the market, ideally located in the sought-after area of Wellfield in Whitley Bay.
This home enjoys a fantastic position, offering an attractive blend of seaside lifestyle and everyday convenience, with close proximity to beautiful beaches, a variety of local shops, cafés, and well-regarded schools.
The area also benefits from excellent transport links, including the Tyne and Wear Metro, providing easy access to Newcastle upon Tyne and surrounding areas, making it ideal for both families and commuters.
Upon entering the property, you are welcomed via an enclosed entrance porch, leading into a spacious and bright living room with ample space for a range of furnishings.
The room benefits from built-in storage and features an exposed brick fireplace at its centre, creating a warm and cosy atmosphere.
The living room flows seamlessly into the dining room, which offers sufficient space for a dining table and enjoys plenty of natural light.
The kitchen is fitted with a range of attractive wall and base units, complemented by generous worktop space, and provides access to the side garden.
Continuing through the property, you will find two double bedrooms, both of which offer space for additional furnishings. These rooms are conveniently accessed from the living area.
Completing the property is the bathroom, which is fitted with a shower, hand basin and W.C.
Externally, the property boasts a front and side garden area, featuring ample decking space, ideal for outdoor furniture and entertaining.
The outdoor space offers a good degree of privacy and also provides access to the garage, part of which has been utilised to extend the kitchen, with the remaining space suitable for storage.
Additionally, there is parking available in front of the property, adding to the home’s practicality and appeal.
Living Room (6.18 x 3.35 (20'3" x 10'11")) Dining Room (2.52 x 2.49 (8'3" x 8'2")) Kitchen (2.87 x 3.06 (9'4" x 10'0")) Bedroom One (3.93 x 3.4 (12'10" x 11'1")) Bedroom Two (3.07 x 3.96 (10'0" x 12'11")) Bathroom (2.49 x 1.66 (8'2" x 5'5"))
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.
Area
Agent & docs
FAQ
About 5, Monkseaton Road, Whitley Bay
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