3-bedroom house · NE64 6XH
For saleReduced £5k (−3.3%) on 7 AugListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located just a short walk from the beach, this well-presented three-bedroom home offers spacious and comfortable accommodation.
The property briefly comprises an entrance hallway, a generous lounge with feature fireplace, and a modern kitchen/dining room .
To the first floor are three bedrooms and a contemporary family bathroom. Externally, there is an enclosed rear yard providing a low-maintenance outdoor space.
Conveniently situated close to local amenities, schools, transport links, and the seafront, this property offers an excellent opportunity to enjoy coastal living.
Primary services supply Electricity: Tbc, Water: Tbc, Sewerage: Tbc, Heating: Tbc, Broadband: Tbc, Mobile Signal Coverage Blackspot: Tbc Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Tenure Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser council tax band: A EPC rating: D Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 48, Meldon Terrace, Newbiggin
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