3-bedroom terraced house · NE29 9AT
Sold STCListed 27 days
Opportunity summary
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About
WONDERFUL OPPORTUNITY TO ACQUIRE THIS BEAUTIFULLY APPOINTED THREE BEDROOM DOUBLE FRONTED PERIOD PROPERTY WITH OFF STREET PARKING SITUATED IN NORTH SHIELDS Brannen & Partners welcome to the market this spacious three bedroom terraced property, conveniently located close to local shops and amenities in North Shields.
Boasting many period features such as original stained glass windows, high ceilings and decorative coving as well as benefitting from a pleasant private yard and off street parking.
Briefly comprising: Entrance to an inviting hallway giving access to all rooms, an understairs cupboard provides storage.
Original stained glass surrounds the front door and a panelling effect flows to the first floor.
The living room is generous in size, featuring a large bay window overlooking the front of the property, stylish custom built alcove storage and shelving, decorative coving and a fireplace housing a log burning stove.
A second reception room is positioned adjacent to the living room, another fantastic space with similar features as the living room, this fireplace houses a gas fire.
Towards the rear of the property is a modern kitchen, recently renewed with a good range of fitted wall and base units. Integrated appliances include an electric hob, oven, extractor fan and fridge.
An inner lobby leads out to the rear yard where there is access to the utility room providing additional storage and plumbing for a washing machine and tumble dryer.
To the first floor are three bedrooms, bathroom and separate W.C. Two of the bedrooms are very generous in size and both benefit from fitted wardrobes, one of the bedrooms has newly fitted shutters.
The refitted bathroom is modern in design, comprising a bath with shower over, hand basin housed within a vanity unit and a heated towel rail.
The landing area has a loft hatch, a drop down ladder offers access to the loft which is partially boarded.
Externally to the rear is a pleasant private yard, the utility room is accessed from here as well as off street parking. This area is covered and has an electric garage door and EV point.
To the front is a low maintenance town garden.
North Shields offers a wide range of amenities, it is close to major road links providing ease of access to other local towns, the coast and Newcastle City Centre as well as good bus links.
North Shields Fish Quay is only a short walk away and has an extensive range of cafés and restaurants.
Tynemouth Village is also within walking distance and offer an elite range of cafe's and restaurants as well as the award winning Longsands Beach.
Entrance Hallway - Living Room - 5.42m x 5.02m (17'9" x 16'5") - Dining Room - 5.42m x 4.94m (17'9" x 16'2") - Kitchen - 3.08m x 2.43m (10'1" x 7'11") - Utility Room - 2.72m x 1.50m (8'11" x 4'11") - Bedroom One - 5.48m x 4.28m (17'11" x 14'0" ) - Bedroom Two - 5.46m x 4.93m (17'10" x 16'2") - Bedroom Three - 2.19m x 1.97m (7'2" x 6'5") - Bathroom - 2.43m x 2.15m (7'11" x 7'0") - Externally - Externally to the rear is a pleasant private yard, the utility room is accessed from here as well as off street parking.
This area is covered and has an electric garage door. To the front is a low maintenance town garden. Tenure - Freehold
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.
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About Osborne Gardens, North Shields
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