1-bedroom flat · NE30 2DA
Listing removedListed 156 days
Opportunity summary
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About
WELL PRESENTED ONE BEDROOM GROUND FLOOR FLAT WITH PRIVATE YARD SITUATED WITHIN THIS POPULAR RESIDENTIAL AREA IN NORTH SHIELDS OFFERED WITH NO UPPER CHAIN Brannen & Partners welcome to the market this spacious one bedroom first floor flat located in North Shields.
Benefitting from freshly painted interiors, modern kitchen and bathroom and private yard. Appealing to a range of buyers which includes downsizers, buy to let investors and first time buyers.
Briefly comprising: Private entrance vestibule leading to hallway which gives access to all rooms as well as having two useful built in storage cupboards.
Overlooking the rear yard is a well proportioned living room, also benefitting from built in storage space.
The well equipped modern kitchen has fitted wall and base units which includes an integrated electric hob, oven and extractor fan.
A handy utility room is accessed from the living room, there are built in units with plumbing for a washing machine and a door opening out to the rear yard.
Towards the rear of the property is the bathroom, comprising a bath with shower over, hand basin, W.C. and heated towel rail.
To complete the property is the double bedroom, generous in size, featuring a large bay window, high ceiling, decorative coving and a ceiling rose. Externally to the rear is a private yard.
The property is located in North Shields close to the thriving Fish Quay and to major road links providing ease of access to other local towns, the coast and Newcastle City centre as well as good bus and Metro links.
The property is a short walk in to Tynemouth Village which offers a good range of shops, cafés and restaurants as well as the award winning Long Sands Beach.
Tynemouth Golf Club is a short walk away with the beautiful natural surroundings of Northumberland Park which is ideal for pleasant walks.
Entrance Hallway - Living Room - 4.19m x 3.34m (13'8" x 10'11") - Kitchen - 3.17m x 2.48m (10'4" x 8'1") - Bedroom - 4.19m x 4.18m (13'8" x 13'8") - Utility - 2.40m x 1.96m (7'10" x 6'5") - Bathroom - 2.22m x 1.77m (7'3" x 5'9") - Externally - To the rear is a private yard.
Tenure - Leasehold
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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FAQ
About Belford Terrace, North Shields
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