3-bedroom house · NE68 7YW
Sold STCListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to an exciting opportunity in this charming coastal village! This end-terraced house is now available for sale and is ideal for investors looking for a rewarding project.
The property is a total renovation project — almost derelict and brimming with potential for those ready to roll up their sleeves and make their mark.
Inside, you'll find one spacious reception room featuring large windows that allow lots of natural light to flood the space, potential for a bright and airy feel.
The generous open-plan kitchen comes with a dining space, perfect for family meals or entertaining when modernisation is complete.
There are three bedrooms in total: two doubles and a comfortable single, giving you flexibility for family life or visiting guests.
The house also offers front and rear gardens, providing wonderful opportunities for landscaping, play areas, or simply a peaceful outdoor retreat to enjoy the coastal air.
Set in a popular area for families, the property is within easy reach of the local primary school, making it particularly appealing for those with children.
The village offers a warm sense of community, and with shops and amenities close at hand, daily essentials are always just a stroll away.
Plus, you’re just moments from scenic walking and cycling routes, perfect for exploring this picturesque harbour village.
With the coast so near, you’ll enjoy the best of seaside living with plenty of fresh air and natural beauty. Don’t miss the chance to transform this house into a stunning home or investment!
HALL UPVC double-glazed entrance door| Staircase to first floor | Cupboard housing ducted air central heating boiler W.C.
UPVC double-glazed window LOUNGE 14'4'' x 11'5'' (4.37m x 3.48m) UPVC Double-glazed picture window DINING KITCHEN 17'8'' x 8'6'' (5.38m x 2.59m) UPVC Double-glazed window | UPVC Double-glazed sliding patio doors LANDING Two storage cupboards | Doors to bedrooms and bathroom BEDROOM ONE 14'4'' x 10'6'' (4.37m x 3.20m) UPVC double-glazed window BEDROOM TWO 10'8'' x 11'7'' (3.25m x 3.53m) UPVC double-glazed window BEDROOM THREE 8'9'' x 6'9'' (2.66m x 2.06m) UPVC double-glazed window BATHROOM UPVC double-glazed window PRIMARY SERVICES SUPPLY Electricity: Mains Water: Mains Sewerage: Mains Heating: None Broadband: Unknown Mobile Signal Coverage Blackspot: Not aware of any issues Parking: Communal parking 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.
TENURE Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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