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See how verdicts work1-bedroom flat · NE30 4NU
Sold STCReduced £30k (−8.6%) on 26 OctListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WONDERFUL OPPORTUNITY TO ACQUIRE THIS GENEROUSLY PROPORTIONED ONE BEDROOM FIRST FLOOR APARTMENT WITH A GARAGE & OFFERING FANTASTIC SEA VIEWS OVER CULLERCOATS BAY - OFFERED WITH NO UPPER CHAIN Brannen & Partners welcome to the market this attractive one bedroom apartment, conveniently located opposite the stunning Cullercoats Bay and a stone's throw from cafes and restaurants.
Boasting spacious accommodation, some period features, uninterrupted sea views, well appointed kitchen/breakfast room and a garage providing off street parking.
Briefly comprising: Communal entrance with stairs leading to the first floor where the private hallway gives access to all rooms.
Overlooking the front of the property and boasting wonderful sea views is the impressive living room, bright and airy with plenty of space for a dining table and chairs.
Benefitting from high ceilings, coving, fireplace housing an electric fire and a large bay window allowing plenty of natural light to fill the room.
The well appointed kitchen/breakfast room has an extensive range of quality fitted wall and base units along with a large central island providing additional storage as well as seating.
Integrated appliances include a dishwasher, washing machine and space for a Range style oven.
There is a good sized double bedroom which benefits from fitted wardrobes and the bathroom comprises a free standing bath, separate step in shower, hand basin within a vanity unit, bidet and W.C.
Externally there is a shared yard to the rear accessing the garage. Perfectly positioned to enjoy wonderful uninterrupted sea views over Cullercoats Bay and towards Long Sands Beach in Tynemouth.
This property is close to local shops, cafes and restaurants within Cullercoats and Whitley Bay.
It is also within walking distance to the Metro station and is well placed for ease of access to major road links in to the city centre and other coastal towns.
Secure Communal Entrance - Private Hallway - Lounge/Diner - 6.14m x 4.62m (20'1" x 15'1") - Kitchen/Breakfast - 5.67m x 3.59m (18'7" x 11'9") - Bedroom - 4.60m x 3.20m (15'1" x 10'5") - Bathroom - 3.16m x 2.01m (10'4" x 6'7") - Garage - 5.53m x 3.14m (18'1" x 10'3") - Externally - There is a shared yard to the rear accessing the garage.
Tenure - Leasehold
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.
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FAQ
About Beverley Terrace, Cullercoats
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