3-bedroom flat · NE33 2EP
Sold STCListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and versatile first floor flat is situated in the popular Lawe Top area of Shields, close to South Shields town centre, ideally placed for easy access to Ocean Road, nearby shops, restaurants, bus services and to the sea front with its excellent beaches.
Offering deceptively spacious accommodation, the property will appeal to a wide range of purchasers seeking a well-located home with excellent convenience on the doorstep.
The accommodation includes a good-sized lounge, together with a comprehensively fitted kitchen with appliances, providing a practical and well-planned living space.
There are three good-sized bedrooms, a modern bathroom with a shower over bath and the property also benefits from uPVC double glazing and combi type gas central heating.
Externally, there is a pleasant south facing private rear yard, adding useful outdoor space and further practicality.
With no upward chain, this is an appealing opportunity for buyers seeking a property in a highly convenient location with great access to the town centre and coast. Viewing is highly recommended..
It comprises: entrance vestibule with stairs to the first floor, lounge, fitted kitchen, three bedrooms, bathroom/WC, rear yard and no upward chain.
ENTRANCE VESTIBULE Stairs to first floor LOUNGE 15' 3" x 11' 0" (4.67m x 3.36m to chimney breast) Electric fire with timber surround; laminate floor; radiator KITCHEN 13' 5" x 8' 0" (4.10m x 2.46m) Range of fitted wall and floor units having contrasting working surfaces; stainless steel single drainer one and half bowl sink unit with mixer tap; built in electric oven; gas hob; stainless steel extractor hood; integrated dishwasher; integrated fridge; integrated fridge freezer; plumbed for automatic washing machine; spotlights; tiled splashback; cupboard housing wall mounted Ideal combi boiler BEDROOM 1 8' 9" x 12' 2" (2.69m plus bay x 3.73m) Range of sliding fronted fitted wardrobes; radiator BEDROOM 2 11' 11" x 7' 5" (3.64m x 2.27m) Laminate floor; radiator BEDROOM 3 8' 9" x 6' 2" (2.69m x 1.88m) Radiator BATHROOM/WC Panel bath with mixer tap, shower over and shower screen; vanity wash hand basin with cupboard beneath and mixer tap; low level wc; (white suite) partly tiled walls; spotlights; chrome plated heated towel rail LANDING with radiator and built in cupboard Extras: (Included in price): All fitted carpets, blinds, curtains and light fittings Gas central heating (combi boiler) Upvc Double Glazing Rear yard with gate to lane We understand that the property comprises the freehold of the whole building with vacant possession of the first floor flat 22 Julian Street.
The ground floor flat, 20 Julian Street, is subject to a lease to the owners of that property.
Council Tax Band A EPC Rating C Viewing: By appointment through this office Please Note: These particulars are intended to provide a general outline only for the guidance of prospective purchasers and do not constitute, nor shall constitute, part of an offer or contract.
Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of such information.
The Vendor does not make or give, and neither the Directors of Alfred Pallas, nor any person in their employment has any authority to make or give any warranty in relation to this property.
Where reference is made to the tenure details of the property (including any relevant ground rent or service charge), this information should not be relied upon without being verified independently by the legal adviser of any intending purchaser.
Please note that the services and appliances in the property have not been tested.
Nothing in these particulars shall be deemed a statement that the property is in good condition, nor that any services, appliances or any fittings are in working order or satisfy current regulations.
Any measurements, areas or distances referred to are approximate and are not precise. Accordingly room sizes should not be relied upon for carpets or furnishings.
Plans and floor plans are for identification purposes only and are not to scale.
Information relating to the current council tax banding and standard amount payable is provided for guidance only and should be independently verified prior to purchase.
In particular, purchasers should make their own enquiries with the Local Authority whether a property banding could be subject to review following purchase.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About Julian Street, Lawe Top
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