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See how verdicts work1-bedroom flat · NE30 4HP
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This generous and well presented "Sea view" apartment is located in the heart of Tynemouth which will have to be viewed to be appreciated and enjoys a first floor position within this landmark building.
Accommodation comprises: Ground floor: Communal hallway "and storage space" First floor: Communal landing, entrance vestibule/"cloakroom", "Storage room", hallway, sitting room, dining room, modern kitchen, principal bedroom, ensuite shower room, home office/additional room, bathroom.
Situation: Arcade Park is located in the heart of Tynemouth, just a few steps from the village centre and all that this highly sought-after coastal village has to offer.
Despite its central location, this first-floor apartment enjoys a peaceful and tucked-away position, providing a surprisingly quiet setting where you would be unaware of the nearby bars, restaurants and village activity.
Tynemouth offers an excellent selection of local and national shops, bars, coffee shops, public houses and restaurants.
With its beautiful beaches, sports clubs and excellent transport links by road, bus and Metro, the area is perfectly placed for commuting and leisure alike.
Further amenities can also be found in nearby North Shields and Whitley Bay.
Description: This generous apartment enjoys a first floor position with sea and mouth of the Tyne views and is heated by gas central heating and has double glazing installed.
The entry phone system allows access from the street directly into the communal hallway. From here stairs lead to the first floor communal landing.
The apartments front door opens to the entrance vestibule "cloakroom", storage room and hallway. The sitting room is a generous room with high ceilings" with steps leading up from the dining room.
Both have wood flooring and the sitting room has 3 windows that look out towards the sea and mouth of the River Tyne.
Installed by the present owner the kitchen is fitted with modern wall and base units with complimentary worktops and integral appliances including an electric hob, oven & dishwasher as well has plumbing for a washing machine and also space for a fridge freezer.
The principal bedroom is a generous double with views to the rear of the building and there is an ensuite shower room. The home office/additional room is internal.
It is currently used as a bedroom by the present owners and has a large walk in wardrobe. Finally the large family bathroom contains a white three piece suite. EPC Rating: B
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.
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FAQ
About Arcade Park, Tynemouth, NE30
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