2-bedroom flat · NE25 8SU
Let agreedListed 38 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Zero Deposit Guarantee Available ** Closefield Grove is situated just off Monkseaton High Street which is great for a wander, with local pubs, amenities and great transport links.
This fantastic two bedroom flat is available on a unfurnished basis. The property is light and spacious with two double bedrooms, and fitted carpets throughout.
The kitchen is at the front of the property, which is light and spacious with pistachio green units, black worktops and wood effect lino.
The loft is very spacious and offers a lot of storage, as it is boarded to the footprint of the entire property.
The master bedroom is a good size double room and has ample space for lots of furniture. The bathroom is a good size with a white three piece suite and shower over the bath.
The second bedroom is a double with a builtin cupboard for extra storage.
The living room is situated at the rear of the property with a feature fireplace and a large bay window, and looks out onto the rear garden, with has lawn and shed.
The property has double glazing, off street parking via a driveway, and on street parking as well. It is is available now for a quick and easy move in!
Call now to book your viewing, as properties of this value do not stay on the market for long! Council Tax Band: A Holding Deposit: £184.00
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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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 Closefield Grove, Whitley Bay
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