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See how verdicts work2-bedroom flat · NE25 8AX
Sold STCListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SPACIOUS TWO BEDROOM GROUND FLOOR FLAT PERFECTLY POSITIONED IN THE HEART OF MONKSEATON - AVAILABLE WITH NO UPPER CHAIN Brannen & Partners are delighted to welcome to the market this spacious two bedroom ground floor flat, ideally situated within Monkseaton.
Modern in design, this property offers two good sized bedrooms, considerable lounge/diner, practical kitchen and bathroom, in addition to a private enclosed rear garden.
Briefly comprising: Private entrance vestibule leading to a spacious lounge/diner which overlooks the front of the property.
From here, doors connect to the kitchen and a central hallway which provides access to the two bedrooms and bathroom.
Positioned to the rear, the kitchen houses various fitted wall, base and drawer units, in addition to an integral pantry. Modern in design, the kitchen also provides access to the rear garden.
Progressing back through the lounge, the central hallway allows access to the two good sized bedrooms, both situated to the front of the home.
Whilst the bathroom is tucked to the rear, equipped with a bath, shower cubicle, pedestal wash basin and WC, as well as an integral storage cupboard.
Externally, a unique benefit to this property is the private rear garden. An initial pathway leads to a fenced garden area, laid to lawn and housing a garden shed for external storage.
Monkseaton is a village on the outskirts of Whitley Bay, it has excellent local transport links, including the Metro station nearby, as well as road links in to the city centre and other local coastal towns.
It is within walking distance to Whitley Bay beach and its closeness to Whitley Bay itself means it benefits from everything this coastal town has to offer.
Private Entrance Vestibule - Lounge/Diner - 5.99m x 4.22m (19'7" x 13'10") - Kitchen - 2.95m x 2.50m (9'8" x 8'2") - Bedroom One - 4.54m x 2.33m (14'10" x 7'7") - Bedroom Two - 3.26m x 1.90m (10'8" x 6'2") - Shower Room - 2.20m x 1.41m (7'2" x 4'7") - Private Rear Garden - Tenure - Leasehold - 999 years upon completion
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
Agent & docs
FAQ
About St. Ronans Road, Monkseaton
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