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See how verdicts work2-bedroom flat · NE30 4BA
Sold STCListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With its own Front Door and Private Gardens to Front & Rear!
Occupying the lower ground floor of this imposing conversion, this delightful two bedroom apartment is ideally located on Northumberland Terrace within the Tynemouth Village Conservation Area.
Northumberland Terrace is within striking distance to everything Tynemouth has to offer, including Tynemouth Castle and Priory.
It is a also within a short stroll to Kings Priory School and Tynemouth Metro Station, providing easy access into Newcastle City Centre and beyond.
The accommodation briefly comprises: entrance lobby with storage cupboard, through to entrance hall; kitchen with a range of fitted units, work surfaces, some integrated appliances, spot lighting and separate storage cupboard; 19ft sitting room with walk in bay, stripped wood flooring and feature wood burning stove; central hallway with two fitted storage cupboards; bathroom complete with three piece suite; two bedrooms, bedroom one with three wardrobe storage cupboards and bedroom two with fitted storage cupboard and French doors leading out to the rear garden.
Externally, privately owned gardens to both the front and rear, the front laid to a mixture of gravel and stonework and to the rear, again a mixture of gravel and stonework with wall boundaries and rear access to the service lane.
Early viewings are advised to avoid disappointment!
Lower Ground Floor Conversion Apartment | 796 Sq ft (74.0m2) | Two Bedrooms | Sitting Room | Kitchen | Leasehold - 985 Years Remaining | Private Gardens to Front & Rear | GCH | Excellent Location | | Council Tax Band: B | EPC: C
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
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FAQ
About Northumberland Terrace, Tynemouth
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