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See how verdicts work2-bedroom house · NE68 7TE
Listing removedListed 383 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting an immaculate two-bedroom cottage, thoughtfully designed in a modern stone-built, barn conversion style.
Situated within an exclusive private development in a charming and vibrant coastal harbour village, this property offers a unique blend of style and tranquil surroundings.
Ideal for investors, those seeking a luxurious second home, or those wishing to capitalise on the holiday-let rental potential, this residence represents a rare opportunity on the market—available with no chain and the option to be sold furnished.
The generous size lounge boasts a large 'byre' style window, flooding the space with natural light and creating an inviting atmosphere perfect for relaxation or entertaining.
The well-appointed kitchen features a dedicated dining space, seamlessly blending functionality with modern comfort.
Both bedrooms deliver spacious accommodation, benefiting from an en-suite each and the Master bedroom also has built-in wardrobes for maximum convenience and storage.
The second bedroom is a comfortable double or twin bed room, ideal for guests or family.
Externally, residents enjoy a private courtyard-style garden, offering a secluded haven for outdoor dining and relaxing.
Additional benefits include two allocated parking bays, ensuring ease of access at all times. The property has no chain and is currently used as a holiday let rental. Available fully furnished.
This exclusive development is mostly comprised of holiday-let rental properties, making it a prime investment opportunity.
Its enviable location places you within easy reach of local amenities, scenic walking and cycling routes, and the stunning Northumberland coastline.
In summary, this impeccably presented terraced home provides versatility, comfort, and investment potential, making it a standout choice for discerning buyers seeking a property of distinction in an exclusive coastal setting.
Hall Composite entrance door | Radiator | Tiled floor | Half panelled walls | Storage cupboard | Doors to; lounge, kitchen, W.C | Staircase to first floor lounge 16'7'' x 17'8'' (5.05m x 5.38m) Double-glazed doors and window to courtyard garden | Laminate flooring | Radiators | Inglenook with wood burning stove | Wall lights W.C Close-coupled W.C and pedestal wash-hand basin | Tiled splash back | Radiator | Extractor kitchen 12'9'' x 10'10'' (3.88m x 3.30m) Double-glazed window | Tiled floor | Radiator | Downlights | Fitted wall and base units with granite worktops incorporating a Belfast sink and integrated fridge freezer, dishwasher, electric hob, electric oven, and extractor First floor landing Conservation window | Radiator | Storage cupboard | Doors to bedrooms bedroom one 16'10'' x 10'9'' (5.13m x 3.27m) Double-glazed window and conservation window | Radiator | Fitted wardrobes | Door to ensuite Ensuite Close-coupled W.C and pedestal wash-hand basin | Tiled corner shower cubicle with mains shower | Chrome ladder style radiator | Extractor | Conservation window bedroom two 16'10'' x 10'9'' (5.13m x 3.27m) Double-glazed window | Radiator | Door to ensuite Ensuite Bath with mixer tap and hand-held shower attachment | Part tiled walls | Close coupled W.C and pedestal wash-hand basin | Shaver point | Extractor | Conservation window External Courtyard area with feature planting and fenced boundaries | Two allocated parking spaces Holiday let While the agent believes the property is suitable for use as a holiday let, the agent cannot warrant or promise that the seller has let it as a holiday letting nor that it meets all the relevant legislation.
Interested parties should make their own enquiries including asking questions about the seller’s letting of the property and its compliance with the holiday letting laws.
If necessary, independent professional advice should be obtained prior to making any decisions to view or otherwise.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Lpg and wood burner (Heating controlled by a Hive Thermostat System) Broadband: Fibre to cabinet Mobile Signal Coverage Blackspot: No known issues Parking: Two allocated parking spaces 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.
Restrictions and rights Conservation Area -Yes Tenure Managed Freehold – It is understood that this property is a managed freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.
Contribution to shared management/services is £100 per annum
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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