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See how verdicts work3-bedroom terraced house · NE26 4DL
Sold STCReduced £10.1k (−4.8%) on 26 OctListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL SITUATED 3 BEDROOMED END TERRACE HOUSE.
This property has the benefit of uPVC double glazing, gas central heating, lounge with staircase to first floor, separate dining room, fitted kitchen, refitted shower room (installed approx.
2024), 3 bedrooms, detached garage and south facing rear garden measuring approximately 44 feet long. Probate required. On the ground floor : porch, lounge, dining room and kitchen.
On the 1st floor : 3 bedrooms and bathroom. Externally : detached garage, gardens to the front and rear.
This property is situated in a popular coastal location on Millway Grove, a pedestrian street overlooking Beresford Road which is just off the sea front, a stones throw from Seaton Sluice beach & dunes.
Seaton Sluice is a much sought-after coastal village with a harbour, miles of golden sand dunes & beaches, coastal walks and is within easy walking distance of Seaton Delaval Hall and countryside walks in Holywell Dene.
There are also local amenities close by including a Co-op store, bus services which connect up to the Metro system, Supermarkets, Whitley Bay Town Centre, Cullercoats, Tynemouth and Newcastle City Centre as well as good road links.
NO UPPER CHAIN ON THE GROUND FLOOR: PORCH: with tiled floor and glazed door to the lounge.
LOUNGE: at the front 17'10" x 13'10" (5.44m x 4.22m) including staircase to first floor, double banked radiator, small meter cupboard, uPVC double glazed window with vertical louvre blinds and glazed sliding doors to separate dining room.
DINING ROOM: at the rear 9'7" x 8'1" (2.92m x 2.46m) with radiator and uPVC double glazed window with vertical louvre blinds.
KITCHEN: at rear 9'5" x 9'7" (2.87m x 2.92m) with tiled floor and walls, fitted wall and floor units, 'Franke' 1½ bowl stainless steel sink, 'Potterton Netaheat' gas boiler, 'John Lewis' hob, 'Siemens' eye-level oven, integrated fridge freezer, 'Hotpoint' washing machine, uPVC double glazed window with vertical louvre blinds and uPVC double glazed door to rear garden.
ON THE FIRST FLOOR: LANDING: with airing cupboard. 3 BEDROOMS No.
1: at the front 10'11" x 10'9" (3.33m x 3.28m) plus double fitted wardrobe, radiator and uPVC double glazed window with an open aspect and fitted vertical louvre blinds. No.
2: at the rear 10'10" x 10'5" (3.30m x 3.17m) plus double fitted wardrobe, wardrobe, chest of drawers, radiator and uPVC double glazed window with vertical louvre blinds. No.
3: at the front 6'7" x 7'0" (2.01m x 2.13m) with radiator and uPVC double glazed window with an open aspect and fitted vertical louvre blinds. REFITTED SHOWER ROOM: Installed approx.
2023 with large walk-in shower cubicle – 'Mira Sport' shower, pedestal washbasin, low level WC, medicine cabinet, upright stainless steel towel radiator and uPVC double glazed window with vertical louvre blinds.
EXTERNALLY: DETACHED GARAGE: 8'9" X 16'11" (2.67m x 5.16m) with up and over door, power and light. GARDENS: front garden is paved for easy maintenance. The rear garden faces south, measures approx.
44' (13.41m) long and is mostly paved for easy maintenance. TENURE: Freehold Council Tax Band: B
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.
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FAQ
About Millway Grove, Seaton Sluice, Northumberland, NE26 4DL
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