2-bedroom flat · NE29 6HF
For saleListed 128 days
Opportunity summary
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About
WELL PRESENTED TWO BEDROOM SECOND FLOOR APARTMENT WITH BALCONY BOASTING WONDERFUL RIVER VIEWS OFFERED WITH NO UPPER CHAIN Brannen & Partners are delighted to welcome to the market this attractive two bedroom second floor apartment situated close to the Fish Quay in North Shields.
Benefitting from a balcony, open river views and secure allocated parking. Briefly comprising: Secure communal entrance with stairs to the second floor.
Entrance to a private hallway which gives access to all rooms and benefits from a built in storage cupboard.
The living room is a welcoming space where there are windows to the front overlooking the River Tyne, a door opens out to a small balcony offering a pleasant seating area offering fantastic open views.
The kitchen is well equipped, featuring modern wall and base units including an integrated electric hob, oven, extractor fan and fridge/freezer.
There are two bedrooms, both doubles in size and have fitted wardrobes providing plenty of storage. The shower room comprises a step in shower, hand basin, WC and heated towel rail.
Externally there is a small balcony and a secure designated parking bay. Situated close to the Fish Quay in North Shields offering an extensive array of restaurants, bars and cafe's.
Only a short walk to the centre of North Shields for local shops, amenities and the Metro station.
Tynemouth Village is also within walking distance and has a great choice of shops, restaurants, award winning Longsands beach and is host to a weekend market.
Secure Communal Entrance - Private Hallway - Living Room - 5.99m x 3.83m (19'7" x 12'6") - Kitchen - 3.44m x 1.73m (11'3" x 5'8") - Bedroom One - 4.16m x 2.63m (13'7" x 8'7") - Bedroom Two - 3.29m x 1.87m (10'9" x 6'1") - Shower Room - 2.20m x 1.72m (7'2" x 5'7") - Externally - Externally there is a small balcony and a secure designated parking bay.
Tenure - Leasehold - 165 years remaining.
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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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
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About Dolphin Quay, North Shields
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