2-bedroom terraced house · NE25 8DT
Under offerListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever-popular Percy Terrace in Monkseaton, this two-bedroom mid-terrace property offers an excellent opportunity for buyers to put their own stamp on a home.
Offered with no upper chain, this charming property dates back approximately 150 years.
Offering approximately 676 square feet of internal space, the property retains a classic style throughout, full of period charm and providing a blank canvas with plenty of potential.
The accommodation includes, double glazing and central heating, a generously sized reception room featuring exposed beams and a charming fireplace, adding character and warmth to the space.
The kitchen is fitted with a range of units and worktops, with spaces for a cooker, fridge, and washing machine.
The bathroom comprises a panelled bath, pedestal wash basin, and low-level WC, all ready for updating to suit modern preferences.
The layout is arranged with the reception room and kitchen to the ground floor, while to the first floor there are two bedrooms and the bathroom.
Externally, the home benefits from a south-facing rear yard, ideal for enjoying sunlight throughout the day, as well as a town garden to the front which enhances its kerb appeal.
Monkseaton is a highly regarded coastal suburb, known for its charming character, local amenities, and excellent transport links, including a nearby Metro station providing easy access to surrounding areas.
The seafront is also within easy reach, offering beautiful coastal walks and leisure opportunities.
With its sought-after location and scope for improvement, this property is perfectly suited to first-time buyers, investors, or anyone looking for a project in a desirable coastal area.
Early viewing is recommended to appreciate the potential on offer.
Entrance Hallway - Reception Room - 4.90m x 3.99m (16'1 x 13'1) - Kitchen - 2.62m x 2.34m (8'7 x 7'8) - Landing - Bedroom One - 4.22m x 3.20m (13'10 x 10'6) - Bedroom Two - 3.38m x 1.63m (11'1 x 5'4) - Bathroom Wc - 2.64m x 2.34m (8'8 x 7'8) - Front Garden - Rear Yard -
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 Percy Terrace, Monkseaton
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