1-bedroom flat · NE25 8BB
Sold STCListed 154 days
Opportunity summary
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About
WELL SITUATED ONE BEDROOMED GROUND FLOOR FLAT OF CHARACTER which has the advantage of uPVC double glazing, gas central heating (combi boiler), generous lounge with an attractive bay window to the front elevation, fitted kitchen, bathroom, private rear yard and is available with no upper chain.
On the ground floor only : vestibule, hallway, lounge, kitchen and bathroom. Externally : small front garden and private rear yard.
Kenilworth Road runs between Monkseaton Front Street & Abbotsford Park and is located in the heart of Monkseaton Village within easy walking distance of excellent local schools, Monkseaton Metro station, amenities including those of Front Street offering a variety of independent shops, restaurants, public houses and transport including local bus services and road links providing easy access to the sea front and coastal wider area.
NO UPPER CHAIN ON THE GROUND FLOOR: VESITBULE: uPVC double glazed front door and ½ glazed door leading to hallway. HALL: 13’ 7” x 3’ 4”, radiator and large walk-in understairs meter/store cupboard.
BEDROOM: at rear, 13’ 7” x 13’ 2” including alcoves, radiator, uPVC double glazed window and door to bathroom.
KITCHEN: 10’ 6” x 7’ 9”, fitted wall & floor units, worktops with matching upstands, stainless steel sink & drainer with matching mixer tap, ‘Lamona’ 4 ring electric hob with glass splashback and illuminated extractor hood above, ‘Lamona’ under bench oven, plumbing for washing machine, uPVC double glazed window, uPVC door to yard, extractor fan and radiator.
LOUNGE: at front, 16’ 3” x 13’ 11” including alcoves and uPVC double glazed bay window with venetian blinds, picture rail, decorative plaster corniced ceiling & light rose, radiator and pelmet.
BATHROOM: 8’ 3” x 5’ 4”, panelled shower shaped bath with screen, mixer rain head shower with secondary diverter, vanity unit with washbasin & infinity tap, low level WC, upright stainless-steel towel radiator, cupboard housing ‘Main’ gas fired combination boiler, extractor fan and 4 concealed down lighters.
EXTERNALLY: GARDENS: the front garden is accessed via a wrought iron gate and is block paved for easy maintenance.
The private rear yard measures 21’ 4” long x 11’ 10” wide, narrowing to 8’ 8”, up & over garage door leading to rear lane, paved for easy maintenance and steps to the kitchen with handrails.
TENURE: Leasehold. 999 years from 1 July 1988. Peppercorn ground rent. Council Tax Band: A
Value & comps
No previous sales on record.
Returns
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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 Kenilworth Road, Monkseaton, Whitley Bay, NE25 8BB
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