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Beach Road, 31 Beach Road, NE33 - Image 1
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Beach Road, 31 Beach Road, NE33

North East

£500,000
Listed on 16/02/2026

Property Details

Bedrooms
6
Type
Detached house
Area
2099 sqft

Description

This historic terraced house presents a rare opportunity for investors or home renovators seeking a blend of traditional character and modern potential. The property boasts spacious rooms, high ceilings, and features that reflect its storied past, yet it also offers the chance for contemporary updates. Entering through the grand hallway, you're welcomed by an impressive staircase and original details such as intricate door frames and tiled flooring. The three expansive reception rooms provide diverse spaces for both leisure and entertaining, each enriched with unique characteristics like fireplaces and period décor. The kitchen is designed with modern living in mind, featuring high-end integrated appliances, quartz worktops, and a central island perfect for culinary enthusiasts. The addition of multiple WC's downstairs enhances practicality. Upstairs, you'll find three large bedrooms including a master with an en suite that could function well as a nursery or home office, alongside a luxurious five-piece bathroom offering a relaxing retreat. The second floor includes additional bedrooms and storage options that allow room for personal touches or further conversions. Notably, planning permission is already in place for converting the property into apartments—presenting exciting investment potential. Externally, the property boasts a generous garden with double gates providing off-street parking; an ideal feature in this location close to both coastal beauty and the town centre's amenities. With vast potential for refurbishment and expansion, this house is not only a home but also an investment ripe with possibilities.

Investment Analysis

(NE33 area)

Above Market Value

This property is priced +71.7% above area average per sq ft

+71.7%
This Property
£238/sq ft
Area Average
£139/sq ft
Avg Rent (weekly)
£148
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£320,244
10% above area average per sq ft
Potential ROI
-44.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (NE33)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +11.0%
5 year growth: +14.9%
Investment Disclaimer: Analysis based on NE33 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Beach Road, 31 Beach Road, NE33
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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