3-bedroom terraced house · NE68 7RB
Listing removedListed 521 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautiful property has been converted from a Smokehouse to a lovely terraced property located on the Northumberland coast.
It is currently used a second-home and successful holiday let in a desirable location in the heart of old Seahouses.
The property could be continued as a holiday let and all furniture is included in the sale. The ground floor comprises of two double bedrooms, a large boot room/ storage area and a bathroom.
Upstairs is the main attraction as it boasts a spacious living/dining area which houses a fire place, two Juliet balconies, feature wooden beams and high ceilings to give it that luxurious feel.
It also has a modern kitchen with fitted appliances and another double bedroom with ensuite.
GROUND FLOOR; ENTRANCE HALL Feature exposed brickwork | Spotlights | Tiled flooring | Storage heater | Storage cupboard | Stairs to first floor |Doors to; utility, bedrooms, bathroom BOOT ROOM/STORAGE 13'9'' x 9'6'' (4.19m x 2.89m) Double timber doors | Vinyl flooring | Base unit incorporating stainless steel sink | Three storage cupboards | Washing machine and dryer | Frosted single glazed window | Electricity box BEDROOM TWO 15'1'' x 7'10'' (4.59m x 2.39m) Storage heater | Double-glazed window | Plantation style shutters BEDROOM THREE 12'10'' x 7'4'' (3.91m x 2.23m) Storage heater | Storage cupboard | Double-glazed window | Storage cupboard | Plantation style shutters BATHROOM Shaver point | Extractor fan | Vinyl flooring | Chrome ladder style towel rail | Underfloor heating | Bath with shower over incorporating tiled splash backs | Floating wash-hand basin | Concealed cistern W.C FIRST FLOOR; LOUNGE DINER 25'2'' x 13'9'' (7.66m x 4.19m) Wood effect flooring | Three storage heaters | Electric imitation log burner | Two double-glazed Juliet balcony windows | Three chandeliers | Feature wood beams to ceiling | Loft hatch KITCHEN 12'6'' x 5'4'' (3.81m x 1.62m) Double -glazed window | Two double-glazed Velux windows | Matching wall and base units incorporating; a stainless-steel sink, single oven, and induction hob, integrated fridge freezer and dishwasher BEDROOM ONE 15'6'' x 9'11'' (4.72m x 3.02m) Storage heater | Double-glazed window | Feature wood ceiling beams | Doors to ensuite | Plantation style shutters ENSUITE Tiled floor | Tiled shower cubicle with electric shower | Chrome ladder style towel rail | Close-coupled W.C | Vanity wash-hand basin | Extractor fan PRIMARY SERVICES SUPPLY Electricity: Mains Water: Mains Sewerage: Mains Heating: Electric night storage and underfloor Broadband: Fibre to cabinet Mobile Signal / Coverage Blackspot: No known issues Parking: On Street HOLIDAY LET While the agent believes the property is suitable for use as a holiday let, the agent cannot warrant or promise 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.
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 We have been advised that this property lies within a conservation area.
TENURE Leasehold. It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 964 years from May 2025. Ground Rent: Peppercorn.
Value & comps
No previous sales on record.
Returns
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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
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