3-bedroom property · NE29 8HS
For saleReduced £10k (−5.1%) on 21 JunListed 328 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive and well-maintained family home offers spacious living across two floors and is ideally positioned within a popular North Shields location.
The ground floor begins with a welcoming entrance hall leading into a bright and generous living room, providing a comfortable space for relaxation and everyday family life.
To the rear, the modern kitchen/dining room offers ample worktop space, contemporary units, and plenty of room for a dining area-making it ideal for both casual meals and entertaining.
An outbuilding provides useful additional storage or potential workspace.
Upstairs, the first floor comprises three well-proportioned bedrooms, each benefiting from good natural light and versatile space for furnishings.
The family bathroom is fitted with a modern suite, offering a clean and stylish finish.
Externally, the property boasts a well-maintained and spacious rear garden, perfect for outdoor dining, family play, or simply enjoying the open space.
The home is conveniently located close to a range of local amenities, including shops, supermarkets, cafés, and schools.
Nearby public transport links provide easy access to North Shields, Tynemouth, and Newcastle, while parks, leisure facilities, and coastal attractions offer excellent options for recreation.
Property Ownership Information Tenure Freehold Council Tax Band A Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
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FAQ
About 40, Lynn Road, North Shields
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