2-bedroom terraced house · NE24 3DW
Sold STCListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Just a short walk from the sea and the greenery of Ridley Park, this is a Blyth home with a location that's hard to beat. Step inside and you'll immediately get a lovely feel for the property.
The welcoming lounge provides a comfortable space to relax, with useful built-in storage adding to its practicality.
To the rear, the kitchen diner offers a sociable heart to the home, complemented by a handy utility area and downstairs bathroom.
Outside, the rear yard provides a private space to enjoy a morning coffee, unwind after a day at the beach or simply add your own touch.Upstairs, there are two genuinely spacious bedrooms, along with a shower room, giving the property a surprisingly generous feel throughout.With its sought-after location, appealing layout and easy access to both Ridley Park and the coast, this is a home that deserves to be viewed to be fully appreciated.
PROPERTY DESCRIPTION: ENTRANCE PORCH: UPVC Entrance Door ENTRANCE HALLWAY: stairs to first floor landing, tiled flooring LOUNGE: (front): 11'28 x 16'10, (3.43m x 4.90m), double glazed window, built in storage cupboard, and coving to ceiling.
KITCHEN: (rear): 16'18 x 8'65, (4.93m x 2.63m), double glazed window to rear, single radiator, range of wall, floor and drawer units with coordinating roll edge work surfaces, coordinating sink unit and drainer with mixer tap, tiled splash backs, electric fan assisted oven with gas hob and extractor fan above, plumbed area for washing machine and tiling to floor.
UTILITY AREA: plumbed area for washing machine.FIRST FLOOR LANDING AREA LOFT: pull down ladders, lighting and power.
FAMILY BATHROOM (downstairs): 3-piece suite comprising paneled bath, shower over, pedestal wash hand basin, low level wc, double glazed window to side, single radiator, tiling to walls, and tiled flooring.
UPSTAIRS SHOWER ROOM: low level wc, double glazed window to rear, shower cubicle, sink unit with vanity, and tiled floor BEDROOM ONE: (front): 11'64 x 15'97, (3.54m x 4.86m), double glazed window to front, double radiator, and coving to ceiling.
BEDROOM TWO: (rear): 8'83 x 9'28, (2.69m x 2.82m), double glazed window to rear and double radiator. EXTERNALLY: to the rear is a yard.
PRIMARY SERVICES SUPPLY Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains gas Broadband: Fibre to premises Mobile Signal Coverage Blackspot: No Parking: on street 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.
BUILDING WORKS Any known planning permissions or proposals in the immediate locality: No Outstanding building works at the property: No 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 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. COUNCIL TAX BAND: A EPC RATING: C
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.
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