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See how verdicts work2-bedroom flat · NE25 9BA
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Video Tour on our YouTube Channel | Set within the popular residential development of Friars Rise in Monkseaton, this attractive top-floor apartment presents an excellent opportunity for first-time buyers, couples or those looking to downsize.
Offered for sale with the benefit of no onward chain. The location is a particular highlight, offering a welcoming community atmosphere alongside a range of everyday amenities.
Local shops, cafés, pubs, and essential services are within easy reach, while the nearby Metro station provides convenient transport links into Newcastle city centre and along the coast.
The beautiful beaches and seafront of Whitley Bay are also only a short commute for weekend walks and days out. The property is accessed via a communal entrance, with stairs leading to the top floor.
Internally, the accommodation briefly comprises a welcoming entrance hallway with useful storage, two well-proportioned double bedrooms, the main with built in wardrobes, and a bathroom/WC with an overhead shower.
The spacious lounge provides a comfortable living and entertaining area, with access through to the modern fitted kitchen, which was updated in 2021 and features a stylish range of wall and floor units, complemented by an integrated electric oven, hob, and washing machine.
Further benefits include gas central heating and double glazing, ensuring comfort throughout the year.
Externally, the property enjoys access to well-maintained communal gardens, an allocated parking bay and additional visitor parking, adding to the convenience of everyday living.
For more information and to book a viewing please call us on . Tenure The agent understands the property to be leasehold. However, this should be confirmed with a licenced legal representative.
Council Tax band: B Lounge - 5.43 x 3.33 (17'9" x 10'11") - Kitchen - 3.37 x 2.10 (11'0" x 6'10") - Bedroom One - 4.12 x 3.620 (13'6" x 11'10") - Bedroom Two - 2.70 x 2.32 (8'10" x 7'7") -
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About Friars Rise, Monkseaton
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