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See how verdicts work7-bedroom house · NE33 2JL
For saleListed 501 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to introduce to the market the exceptional 'Forest Guest House, ' an immaculate seven-bedroom property occupying a prominent position on Ocean Road in South Shields.
This versatile and substantial property offers a unique opportunity to acquire a successful, fully operational guest house business.
Alternatively, its layout and size lend themselves perfectly to conversion into a large family home, serviced accommodation, or a substantial residential property within this sought-after coastal town.
The accommodation is spread over three floors and is presented in pristine condition.
Currently configured with six guest bedrooms, the owner's accommodation includes a lounge, bedroom, and ensuite bathroom.
This area could be easily adapted to create two additional bedrooms, with one already benefiting from an ensuite and the second offering ample space for the addition of an ensuite (subject to necessary building regulations and planning).
Having undergone extensive renovation by the owners during their 14-year tenure, the property has been refurbished to a very high standard throughout.
The location is truly fantastic, boasting close proximity to award-winning sandy beaches and scenic coastal walks.
Furthermore, residents benefit from easy access to local parks and the diverse selection of bars and restaurants along Ocean Road.
Please do not hesitate to contact us to arrange a viewing or to request further information about this exceptional property.
Entrance From the front door into the porch and through into the Entrance hallway with doors to the owners accommodation, open plan breakfast room, kitchen, utility and Stairs to the first floor landing.
Owners Lounge (4.39m x 4.91m (14'4" x 16'1")) Double glazed bay window to the front. Feature period fire place, coving, beautiful wall lights, chandelier and high ceilings.
Double doors leading through to the master bedroom and ensuite. Owners Bedroom Ground Floor (3.65m x 4.38m (11'11" x 14'4")) Spacious bedroom containing ample storage space and built in Wardrobes.
This room can easily be converted into an additional guest room with ensuite facilities.
Owners Bedroom Ensuite (2.59m x 2.28m (8'5" x 7'5")) Comprising free standing bath, wash basin, w.c and shower cubicle. Double glazed window and central heating radiator.
Dining Room/Breakfast Room (3.23m x 4.25m (10'7" x 13'11")) Double glazed window to the side and central heating radiator. Open plan to the Kitchen.
Kitchen (3.10m x 4.2m (10'2" x 13'9")) Stunning and highly functional Modern Fitted Kitchen with a range of wall and base units with 2 built in sink units and back splash.
Two electric ovens and microwave, five ring gas hob with extractor hood. Double glazed window to the side and central heating radiator. Entrance to the utility room.
W.C - 1st Floor Additional Guest Toilet with wash basin and internal lock.
Bedroom 1st Floor Front Left With Ensuite (3.74m x 4.40m - ensuite 3.61m x 1.06m (12'3" x 14') Double glazed window and bay window to the front and central heating radiator, This room contains an ensuite shower room with Toilet and Shower Cubicle.
Wash basin in the bedroom.
All rooms are equipped with: Flat screen 4K TV Safe Fridge Fan Bedroom 1st Floor Front Right With Ensuite (1.92m x 3.26m (6'3" x 10'8")) Double glazed window and bay window to the front and central heating radiator, This room contains an ensuite shower room with Toilet, wash basin and Shower Cubicle.
All rooms are equipped with: Flat screen 4K TV Safe Fridge Fan Bedroom 1st Floor Rear Left With Ensuite (3.39m x 3.22m (11'1" x 10'6")) Double glazed window and bay window to the front and central heating radiator, This room contains an ensuite shower room with Toilet, wash basin and Shower Cubicle.
All rooms are equipped with: Flat screen 4K TV Safe Fridge Fan Bedroom 1st Floor Rear Right With Ensuite (3.26m x 4.38m - ensuite 3.36m x 2.86m (10'8" x 14') Double glazed window to the front and central heating radiator, This room contains an ensuite room with Toilet, Bath, Wash Basin.
Chrome Towel rail and Shower Cubicle. This room is currently configured as a double but can be re-configured into a twin bedroom.
All rooms are equipped with: Flat screen 4K TV Safe Fridge Fan Bedroom 2nd Floor Front With Ensuite (5.27m x 3.68m - ensuite 2.15m x 0.89m (17'3" x 12') Double glazed window and bay window to the front and central heating radiator, This room contains an ensuite shower room with Toilet, wash basin and Shower Cubicle.
All rooms are equipped with: Flat screen 4K TV Safe Fridge Fan Bedroom 2nd Floor Rear With Ensuite (3.26m x 2.89m - ensuite 2.18m x 0.88m (10'8" x 9'5) Double glazed window and bay window to the front and central heating radiator, This room contains an ensuite shower room with Toilet, wash basin and Shower Cubicle.
All rooms are equipped with: Flat screen 4K TV Safe Fridge Fan Utility Room Ground Floor (2.21m x 7.11m (7'3" x 23'3")) Huge Utility room containing ample storage space, shelving, fridge, freezers, washing machine and dryer.
Terms Of Offer 10% to 15% deposit payable by buyer(s) on acceptance of the offer by both parties to be held by the Vendors solicitor. This is a non - refundable deposit.
On completion of the sale this will be deducted from the final Sale Price.
Both parties will need to finalise contract terms for the deposit between their solicitors within 2 weeks of an offer being accepted.
Epc Information EPC Rating is very likely to improvement due to the installation of a new boiler, new Windows in the sitting room, dining room, kitchen.
Three bedrooms (& ensuites), W.c and landling.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
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FAQ
About 117, Ocean Road, South Shields
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