3-bedroom house · NE25 8LR
Listing removedListed 95 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson are delighted to welcome to the rental market this unfurnished three-bedroom corner semi-detached house situated in this quiet, family-friendly area of Monkseaton, Whitley Bay.
Perfect for working professionals or a growing family, this property is available for rental immediately.
Monkseaton is historically known for its charming coastal pathways, friendly community, and satisfying local amenities, is sure to provide the perfect setting for your new home.
Public transports links are ideal, making commutes and trips out of town a breeze.
Comprising entrance hallway, featuring charming original panelling, and into the spacious lounge room with large bay window providing excellent natural light, good sized dining room is ideal for entertaining and provides access to the rear garden, fully fitted kitchen with a range of wall and floor units complemented by practical worktops, integrated appliances including a dishwasher, fridge, and oven, storage cupboard with space for a washing machine is accessed from the kitchen, and sunroom completes the ground floor, first floor, three double bedrooms, family sized bathroom with separate shower.
Externally, the property sits on a generous corner plot with a well-maintained lawn and a patio area, perfect for outdoor furniture and dining, garage offers additional storage or parking, while a large driveway provides ample off-street parking.
Don't miss the opportunity to rent this delightful semi-detached house in the inviting environment that is Monkseaton, Whitley Bay. Call Pattinson Estate Agents today to arrange a viewing.
Available now! Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor.
Council Tax Band: C Deposit: 1,725.00 Length of Tenancy: 12 Lounge (4.5m x 3.5m) Bright living room to the front of the property with double glazed bay window, feature fireplace, radiator.
Dining Room Large dining room to the rear of the property with access to the rear garden, feature fire surround, radiator.
Kitchen (2.9m x 2.6m) Fully fitted with a range of wall and floor units, oven, extractor fan, double glazed window, fridge freezer, storage cupboard.
Sun Room (3.7m x 1.6m) Lovely sun room to the side of the property which can be utilised for most uses, office, playroom, reception room, double glazed windows, radiator.
Landing Stunning double glazed window. Bedroom 1 (4.7m x 3.5m) Double to the front of the property with double glazed bay window, fitted wardrobes, radiator.
Bedroom 2 (5.1m x 2.8m) Double bedroom to the rear of the property with double glazed bay window, fitted wardrobes, radiator.
Bedroom 3 (4.1m x 2.9m) Double to the side of the property with two double glazed bay window, radiator, lovely open aspect.
Bathroom White suite, wash hand basin, shower cubicle, heated towel rail, double glazed window, separate wc, fully tiled.
Garden Large well maintained rear garden with access to the garage and driveway
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 88, Cauldwell Lane, Whitley Bay
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