3-bedroom semi-detached house · NE25 9QR
Under offerListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are pleased to welcome to the market this three bedroom detached property on Otterburn Avenue, South Wellfield, Whitley Bay.
The property is offered for sale with vacant possession and benefits from a detached garage, together with gardens to both the front and rear.
Internally, the accommodation comprises a reception room, kitchen, three bedrooms and a bathroom.
Some updating and modernisation is required, providing an excellent opportunity for a buyer to improve and personalise the property to their own requirements.
Situated within this popular residential area and excellent local school catchment, the property is well placed for access to local amenities, schools, transport links and the wider Whitley Bay area.
A good opportunity to purchase a detached family home in a sought-after location, with viewing recommended to appreciate the accommodation and potential on offer. Council Tax Band: C Tenure: Freehold
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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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 61, Otterburn Avenue, Whitley Bay
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