3-bedroom house · NE64 6XJ
For saleReduced £35k (−19.4%) on 15 AugListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East are delighted to welcome to the market this well-presented three-bedroom terraced house, offered with no onward chain.
Situated just 100 metres from the sandy beach of Newbiggin-by-the-Sea, this charming home enjoys a highly desirable coastal location and is within easy reach of a range of local amenities, cafés, shops and everyday conveniences.
The accommodation comprises a welcoming main living room featuring a characterful stone open fire, creating a warm and inviting focal point.
To the rear is a modern kitchen fitted with attractive base units, recently updated flooring and electrics, and ample space for appliances.
A dedicated dining area provides the perfect setting for family meals. The kitchen also offers access to a recently installed utility area, a ground floor bathroom and the rear courtyard garden.
To the first floor, the property benefits from two generously sized double bedrooms and a further single bedroom, all enjoying ample natural light.
The layout provides flexible accommodation suitable for families, guests or those working from home.
The bathroom is conveniently located on the ground floor and is fitted with a bathtub, overhead shower, hand basin and WC.
Externally, the rear courtyard garden offers a pleasant outdoor space with a decking area, attractive whitewashed walls and access to the rear alley.
On-street parking is available to the front of the property, completing the appeal of this ideally located coastal home.
Living Room (3.74 x 2.00 (12'3" x 6'6")) Kitchen (2.19 x 4.76 (7'2" x 15'7")) Utility (1.09 x 2.44 (3'6" x 8'0")) Bedroom One (3.85 x 2.8 (12'7" x 9'2")) Bedroom Two (3.14 x 2.00 (10'3" x 6'6")) Bedroom Three (2.19 x 1.89 (7'2" x 6'2")) Bathroom (1.61 x 2.44 (5'3" x 8'0"))
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
Agent & docs
FAQ
About 7, Meldon Terrace, Newbiggin-By-The-Sea
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