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See how verdicts work3-bedroom flat · NE33 2NS
For saleListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity for landlords and property investors to acquire this spacious three-bedroom top floor maisonette, offered with long-term tenants already in place and generating an immediate rental income.
Currently achieving £700 per calendar month (£8,400 per annum) the property provides an attractive gross rental yield of approximately 10.5%, making it a compelling opportunity for investors seeking a strong-performing buy-to-let asset.
The property offers generous accommodation arranged over two levels and is well suited to long-term rental.
The layout comprises a bright and spacious lounge, separate dining/reception room, fitted kitchen, three well-proportioned bedrooms, family bathroom, and a private balcony providing additional outdoor space for residents.
Situated within a popular and well-established residential area of South Shields, the property benefits from convenient access to local shops, schools, transport links, and everyday amenities, helping to support consistent rental demand.
Being sold with tenants in situ, this investment offers a hassle-free opportunity for both existing landlords looking to expand their portfolio and first-time investors seeking an income-producing property with occupants already established Disclaimer Property Particulars and Material Information These particulars are prepared in good faith as a fair, clear and general guide to the property.
They do not form part of any offer or contract and must not be relied upon as a statement of fact, warranty or representation.
While we aim to ensure information is accurate and up to date, buyers and tenants should verify all details through inspection, survey, searches, enquiries with relevant authorities and legal advice before proceeding.
If any matter is important to you, including services, restrictions, costs, planning, boundaries, rights of way, tenure, lease terms, charges, flood risk, building safety, broadband/mobile availability, parking or utilities, please ask us for clarification before viewing, travelling, making an offer or incurring expense Disclaimer Measurements, Floor Areas and Plans All measurements, dimensions, floor areas, room sizes, distances, plans and floorplans are approximate, for guidance only and may not be to scale.
They should not be relied upon where accuracy is essential, and buyers or tenants should check critical measurements independently.
Services, Systems and Appliances Unless expressly stated, we have not tested any services, systems, utilities, heating, electrics, plumbing, drainage, fixtures, fittings or appliances.
No warranty is given as to their condition, safety, compliance, availability or working order.
Buyers and tenants should arrange their own inspections or professional reports before proceeding Disclaimer Limitation of Representations No employee, agent or representative has authority to make or give any representation, warranty or guarantee about the property unless confirmed in writing by the seller, landlord or their legal representative.
References to alterations, use, planning, building regulations, guarantees, certificates, consents, rights, restrictions or title matters should be independently verified
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 92, Longleats Gardens, South Shields
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