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See how verdicts work2-bedroom flat · NE26 2PG
Sold STCReduced £9.9k (−5.9%) on 26 OctListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL PRESENTED TWO BEDROOM GROUND FLOOR FLAT IN CLOSE PROXIMITY TO THE SEA FRONT - AVAILABLE WITH NO UPPER CHAIN Brannen & Partners welcome to the market this well presented two bedroom ground floor flat.
Benefitting from two good sized bedrooms, bright and airy living space, modern fitted kitchen and bathroom, in addition to a considerable private rear yard.
Appealing to a range of buyers including first time buyers, downsizers and buy to let investors.
Briefly comprising: Private entrance hallway connects to the principal rooms of the home, and features integral storage.
The two double bedrooms are positioned initially, with the primary bedroom being particularly generous in size housing a bay window.
Progressing into the rear of the property, the living room is a bright and airy space, equipped with an integral storage cupboard. From here, the kitchen can be accessed.
Practical in design, the kitchen houses wood effect fitted units incorporating a hob, electric oven and extractor, in addition to designated space for appliances.
Beyond the kitchen, a rear lobby connects to the bathroom and access to the rear yard.
Well sized, the modern bathroom is minimal in design, presenting white decor and tiling, furnished with a WC, pedestal wash basin and bath with shower overhead.
Externally to the rear, is a considerable private rear yard, with double gate access out to the rear lane, creating the opportunity for off street parking.
Whereas to the front of the home, a paved town garden is available beyond the entrance. This property is ideally located close to local shops, cafes and restaurants.
It is also within walking distance to the Metro station in Cullercoats and Whitley Bay and is well placed for ease of access to major road links into the city centre and other coastal towns.
The property is a few minutes walk to the beach offering an array of watersports and activities all year round.
Hallway - 4.47 x 1.06 (14'7" x 3'5") - Living Room - 4.38 x 3.53 (14'4" x 11'6") - Kitchen - 3.38 x 2.28 (11'1" x 7'5") - Bedroom One - 4.44 x 4.55 (14'6" x 14'11") - Bedroom Two - 3.05 x 2.38 (10'0" x 7'9") - Rear Lobby - 0.88 x 2.46 (2'10" x 8'0") - Bathroom - 2.22 x 2.45 (7'3" x 8'0") - Private Rear Yard & Front Town Garden - Tenure - Leasehold - Share of Freehold - 999 years upon completion
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.
Area
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FAQ
About Naters Street, Cullercoats
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