3-bedroom house · NE64 6UW
For saleReduced £20k (−7.5%) on 23 JunListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to welcome to the market this charming three bedroom stone-built terrace house, with no onward chain.
This property is currently operating as a successful holiday let with future bookings in place, while also offering excellent potential to become a wonderful family home.
Situated just moments from the sandy beaches, promenade, and the iconic Couple sculpture, the property enjoys a fantastic coastal setting.
Also conveniently close to a range of local amenities including cafés, shops, within the village centre, while offering excellent access to nearby towns such as Ashington and commuter routes into Newcastle.
Internally, the property offers a very spacious open plan living room, kitchen and dining area, creating a sociable and welcoming living space.
The living room benefits from a large window allowing plenty of natural light, while several feature fireplaces add charm and character throughout.
The modern open plan kitchen, installed approximately four years ago, is fitted with attractive wall and base units alongside space for appliances.
A separate utility room provides additional practicality and storage. To the first floor, the accommodation comprises two generously sized double bedrooms and a further twin bedroom.
Bedroom one benefits from its own en suite facilities, offering added comfort and convenience.
The contemporary family bathroom, updated approximately three years ago, is fitted with a hand basin, WC, and bath with overhead shower, finished to a modern standard.
Externally, the property boasts a low maintenance front and rear garden. The spacious rear garden features several patio areas ideal for outdoor seating and entertaining.
The rear also benefits from gated access to off-street parking, with additional street parking available to the rear of the property.
Living Room (4.94 x 1.55 (16'2" x 5'1")) Kitchen / Diner (5.62 x 5.99 (18'5" x 19'7")) Utility (1.78 x 1.98 (5'10" x 6'5")) Bedroom One (3.65 x 3.48 (11'11" x 11'5")) Bedroom Two (4.82 x 3.24 (15'9" x 10'7")) Bedroom Three (4.85 x 2.28 (15'10" x 7'5")) Bathroom (1.89 x 1.98 (6'2" x 6'5")) En Suite (1.65 x 1.91 (5'4" x 6'3"))
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.
Area
Agent & docs
FAQ
About 40, Gibson Street, Newbiggin-By-The-Sea
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