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See how verdicts work2-bedroom flat · NE29 7AH
Sold STCReduced £10.1k (−10.1%) on 26 OctListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Having been renovated throughout, the property is ready to move straight into and would make an ideal first-time purchase, downsizing opportunity or investment.
The accommodation briefly comprises a welcoming entrance hallway, spacious lounge, modern fitted kitchen, two well-proportioned bedrooms and a newly fitted bathroom.
The generous lounge provides an excellent main living space, with high ceilings, attractive coving and plenty of natural light.
The modern kitchen has been finished with contemporary units, marble-effect worktops, integrated-style space and wood-effect flooring, creating a bright and practical cooking space.
Both bedrooms are well proportioned, providing flexibility for a main bedroom and second bedroom, home office or guest room.
The stylish bathroom has been newly fitted and features a modern three-piece suite, shower over the bath, tiled surrounds and attractive patterned flooring.
Externally, the property benefits from its ground floor position within a traditional brick-built terrace, and is complete with a low maintenance back yard while its location on Norham Road places it within easy reach of local amenities, shops, transport links and other everyday facilities.
A superb move-in-ready home that offers generous accommodation, modern finishes and excellent versatility. Call the office now to arrange a viewing!
Tenure: Leasehold - 999 years from September 1987 No ground rent or Service charge. EPC: C Council Tax: A Material Information: This property is built to standard construction.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view Entrance Hall Hallway Kitchen 3.67m x 2.14m Lounge 4.31m x 3.67m Bedroom 1 4.39m x 3.93m Bedroom 2 4.31m x 2.15m Bathroom 2.52m x 2.00m
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
FAQ
About Norham Road, North Shields, NE29 7AH
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