3-bedroom terraced house · NE26 3PP
Sold STCListed 118 days
Opportunity summary
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About
WELL PROPORTIONED THREE BEDROOM MID TERRACED HOME IDEALLY SITUATED WITHIN THE HEART OF WHITLEY BAY TOWN CENTRE - AVAILABLE WITH SOME MODERNISATION REQUIRED AND NO UPPER CHAIN Brannen & Partners welcome to the market this three bedroom mid terrace home, ideally situated within the heart of Whitley Bay.
Presenting well proportioned accommodation, the home offers three good sized bedrooms, two generous reception spaces, practical kitchen and modern bathroom, complete with a private rear yard providing the potential for off street parking.
Briefly comprising: Entrance hallway provides access to all principal rooms of the ground floor and houses stairs to the first floor.
Positioned to the front of the home, the ample living space is furnished with an ornate feature fireplace incorporating an electric fire.
Whilst to the rear, the secondary reception space is similar in size, housing an integral under stair cupboard and access to the kitchen.
Practical in design, the wood effect kitchen offers a variety of wall, base and drawer units framed with granite effect worktops.
Complete with designated space for appliances, the kitchen also houses access to the rear yard.
Upon the first floor, the split level landing provides access to all three bedrooms and bathroom, complete with two integral storage cupboards.
Two of the three bedrooms are doubles in size and incorporate fitted wardrobes.
Finalising the home, the sizeable bathroom presents a modern design, equipped with a WC, pedestal wash basin and bath with rainfall shower overhead. An integral cupboard provides storage space.
Externally, the private rear yard is south east facing, inviting the sun throughout the day, finished with a roller garage door to enable the option of off street parking.
This property is ideally located close to local shops, cafes and restaurants.
Perfectly positioned just off Park View, with its vibrant mix of independent shops and cafes, this property also benefits from being within the catchment area for some of Whitley Bay’s most sought-after schools, including Marine Park First School and Whitley Bay High School.
The local transport links are also easily accessible, with both Monkseaton and Whitley Bay Metro stations within walking distance, as well as access to major road links into the city centre and other coastal towns nearby.
Entrance Hallway - 3.62 x 0.92 (11'10" x 3'0") - Living Room - 3.95 x 4.15 (12'11" x 13'7") - Dining Room - 3.50 x 4.25 (11'5" x 13'11") - Kitchen - 3.15 x 2.20 (10'4" x 7'2") - Landing - 2.58 x 1.14 (8'5" x 3'8") - Bedroom One - 4.26 x 2.71 (13'11" x 8'10") - Bedroom Two - 3.31 x 2.68 (10'10" x 8'9") - Bedroom Three - 3.24 x 2.12 (10'7" x 6'11") - Bathroom - 3.14 x 2.15 (10'3" x 7'0") - Private Rear Yard - Tenure - Freehold
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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