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See how verdicts work2-bedroom flat · NE25 8SU
Under offerListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely, ground floor flat is perfectly located in an ever popular residential location. It displays a variety of contemporary features with period charm and is ideal for a range of buyers.
With over 640 square feet of accommodation on offer this property is within a fabulous location and has a superb layout throughout.
The entrance hallway leads to all rooms with one spacious reception room with bay window, fabulous contemporary kitchen with a range of wall, base and drawer units, contrasting worktops, single oven with four ring induction hob.
There are two stylish bedrooms, one with a bay window and a beautiful bathroom benefitting from a walk in rainfall shower, vanity wash basin and low level WC.
Externally there is a front garden and a secluded rear garden with outhouse.
The superb layout, amazing condition and fabulous location of this property makes for an exciting opportunity which can only truly be appreciated by a visit.
Monkseaton is a characterful place which proudly holds onto its history, whilst moving seamlessly with the times.
This lovely little village has exceptional public transport, great schools and diverse shopping.
Its closeness to Whitley Bay allows it to benefit from everything the larger town offers, whilst its smaller setting delivers a very strong sense of community.
Entrance Hallway - Reception Room One - 3.71m x 3.63m (12'2 x 11'11) - Kitchen - 4.04m x 2.49m (13'3 x 8'2) - Bedroom One - 3.68m x 3.61m (12'1 x 11'10) - Bedroom Two - 2.95m x 2.39m (9'8 x 7'10) - Bathroom Wc - 2.87m x 1.35m (9'5 x 4'5) - Front Garden - Rear Garden -
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 Closefield Grove, Monkseaton
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