2-bedroom bungalow · NE29 0RP
Sold STCListed 138 days
Opportunity summary
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About
SPACIOUS TWO BEDROOM SEMI DETACHED BUNGALOW OCCUPYING A GENEROUS SIZED PLOT SITUATED WITHIN THIS POPULAR RESIDENTIAL AREA IN NORTH SHIELDS - OFFERED WITH NO UPPER CHAIN Brannen & Partners are delighted to welcome to the market this spacious and well presented two bedroom semi detached bungalow located in North Shields.
Benefitting from generous sized accommodation, two reception rooms, open plan living, large private garden and driveway parking.
Briefly comprising: Entrance vestibule to the hallway giving access to all rooms.
Overlooking the front of the property is a well proportioned living room, featuring high ceilings, fireplace housing a gas fire and a bay window allowing plenty of light to fill the room.
Moving towards the rear of the property is a bright and airy open plan lounge/kitchen/diner, boasting sliding patio doors offering views and access to the private garden.
The lounge area has a fireplace housing a gas fire and built in alcove storage.
An opening leads to the kitchen, fitted wall and base units provide storage, integrated appliances include a gas hob, oven and extractor fan.
Accessed from the kitchen is a handy utility area, providing additional storage and access out to the front and rear of the property.
There are two bedrooms, both doubles in size and the bathroom comprises a bath, separate step in shower, hand basin and W.C.
Occupying a generous sized plot, the rear private garden is paved and gravelled with mature planting. To the front is a low maintenance garden with a block paved driveway.
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 nearby and offers an elite range of cafes and restaurants as well as the award winning Longsands Beach.
Entrance Vestibule - Hallway - Living Room - 4.73m x 3.64m (15'6" x 11'11") - Lounge/Diner - 4.30m x 4.27m (14'1" x 14'0") - Kitchen - 2.52m x 2.38m (8'3" x 7'9") - Utility Room - 3.64m x 1.34m (11'11" x 4'4") - Bedroom One - 3.61m x 3.61m (11'10" x 11'10") - Bedroom Two - 3.32m x 2.33m (10'10" x 7'7") - Bathroom - 2.50m x 2.34m (8'2" x 7'8") - Externally - Occupying a generous sized plot, the rear private garden is paved and gravelled with mature planting.
To the front is a low maintenance garden with a block paved driveway. 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 Glendale Avenue, North Shields
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