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See how verdicts work3-bedroom bungalow · NE25 9XS
Listing removedListed 133 days
Opportunity summary
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About
WELL SITUATED 3 BEDROOMED DETACHED BUNGALOW.
This property benefits from uPVC double glazing, new gas central heating boiler, PVC fascias and gutters, 3 bedrooms (one currently used a dining room), kitchen, lounge, bathroom, detached garage, drive providing 3 car standage and rear garden with a sunny westerly aspect.
The accommodation on offer briefly comprises: On the ground floor : hall, lounge, kitchen, 3 bedrooms and bathroom. Externally : detached garage, drive and rear garden.
Cheldon Close is situated in the extremely popular residential location of Red House Farm close to all local amenities including the beach and sea front, Whitley Bay Golf Course, Churchill Playing Fields and bus services connecting up with Whitley Bay Town centre, Metro system and various Supermarkets.
NO UPPER CHAIN ON THE GROUND FLOOR: HALL: radiator with cover and fitted store cupboard.
LOUNGE: at the rear 14'7" x 16'8" (4.44m x 5.08m max overall measurement) double banked radiator, fireplace with electric fire and uPVC double glazed window with vertical louvre blinds.
KITCHEN: at the rear 8'10" x 11'10" (2.69m x 3.61m) fitted floor units, sink with drainer, 'Main' combi- boiler, partially tiled floor, plumbing for washing machine, radiator, uPVC double glazed window and uPVC double glazed door to drive.
3 BEDROOMS No. 1: at the front 11'9" x 11'11" (3.58m x 3.63m) including fitted wardrobes all along one wall, double banked radiator and uPVC double glazed window with vertical louvre blinds. No.
2: at the front 11'7" x 11'0" (3.53m x 3.35) including fitted wardrobes all along one wall, double banked radiator and uPVC double glazed window with vertical louvre blinds. No.
3/ DINING ROOM: at the side 9'4" x 7'10" (2.84m x 2.39m) radiator and uPVC double glazed window with vertical louvre blinds.
BATHROOM: 7'11" x 8'3" (2.41m x 2.51m) panelled bath, pedestal washbasin, low level WC, fitted linen cupboard, partially tiled walls, double banked radiator, shaver point and uPVC double glazed window.
EXTERNALLY: DETACHED GARAGE: 8'7" x 18'8" (2.62m x 5.69m) electric roll over door, power, light and uPVC double glazed door to rear garden.
GARDENS: the front is laid for easy maintenance with a block paved driveway providing 3 car standage. The rear garden measures approx.
31ft long with a westerly aspect, gated side entrance, tap and 2 wood sheds. TENURE: Freehold. Council Tax Band: D
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Cheldon Close, Red House Farm, Whitley Bay, NE25 9XS
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