We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · NE33 5DD
Sold STCListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
| TWO BEDROOM | END TERRACE HOUSE | GAS CENTRAL HEATING | DOUBLE GLAZED | ENCLOSED GARDENS | We are delighted to offer to the market this beautifully presented two bedroom end terrace house on the popular Cook Close, South Shields.
Benefiting from gas central heating and double glazing the property has the added benefit of a refitted kitchen, refitted shower room and neutral décor throughout the property would make a fantastic first time buy.
Comprising briefly :- Composite door to the entrance porch with door to the lounge. Door to the kitchen and stairs to the first floor landing.
To the first floor lie bedroom one, bedroom two and shower room. Externally a large enclosed garden lies to the rear with of street parking to the front.
Offered for sale with no upper chain early viewing is essential..
Council Tax Band: A Tenure: Leasehold Length of Lease: 56 Entrance Composite door to the entrance porch with door to the lounge.
Lounge Double glazed windows to the front and side and central heating radiator. Stairs to the first floor landing and door to the kitchen. Finished with oak flooring.
Kitchen Fitted with a range of wall and base units with work tops. Sink unit with mixer tap and splash back tiling. Plumbed for automatic washing machine. Electric oven and ceramic hob.
Double glazed window to the rear an central heating radiator. Bedroom One. Double glazed window to the front and central heating radiator.
Bedroom Two Double glazed window to the rear and central heating radiator. Shower room Comprising low level w.c., wash basin and walk in shower.
Double glazed window to the side and central heating radiator. External An enclosed garden lies to the rear with off street parking to the front.
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
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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
Agent & docs

FAQ
About Cook Close, Lyton park, South Shields, Tyne and Wear, NE33 5DD
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