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See how verdicts work3-bedroom flat · NE29 7LS
Sold STCListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL PRESENTED THREE BEDROOM FIRST FLOOR FLAT SITUATED IN NORTH SHIELDS OFFERED WITH NO UPPER CHAIN Brannen & Partners welcome to the market this well proportioned three bedroom first floor flat situated within this popular residential area in North Shields.
Benefitting from three good sized bedrooms, freshly painted, newly fitted carpets and rear garden.
Briefly comprising: Private entrance with stairs leading to the first floor landing giving access to all rooms. The living room has a bay window and overlooks the front of the property.
To the rear is the kitchen with fitted wall and base units, a door leads to stairs down to the rear garden. There are three bedrooms, two of which are doubles in size.
The bathroom comprises a bath with shower over, hand basin and a separate W.C. Externally to the rear is a generous sized 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 distance away and has an extensive range of cafés and restaurants.
Tynemouth Village is also a short drive and offers an elite range of cafe's and restaurants as well as the award winning Longsands Beach.
Entrance Hallway - Living Room - 4.45m x 3.69m (14'7" x 12'1") - Kitchen - 3.36m x 2.89m (11'0" x 9'5") - Bedroom One - 3.78m x 3.61m (12'4" x 11'10") - Bedroom Two - 3.73m x 2.99m (12'2" x 9'9") - Bedroom Three - 1.97m x 1.94m (6'5" x 6'4") - Bathroom - 2.41m x 1.30m (7'10" x 4'3") - W.C.
- Externally - Externally to the rear is a generous sized garden. Tenure - Leasehold on completion.
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 Verne Road, North Shields
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