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See how verdicts work2-bedroom flat · NE30 4PR
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in Priory Mews on Oxford Street in Tynemouth, just a few minutes’ walk from Front Street, King Edwards Bay and the mouth of the Tyne, a two bedroom ground floor flat available with NO ONWARD CHAIN.
Recently redecorated, the property briefly comprises; communal entrance hall with security entry system, hallway, spacious lounge and dining room, kitchen, two bedrooms and bathroom/WC.
Gas central heating and double glazing. There is an allocated parking space directly to the rear of the property. To arrange a viewing call COOKE & CO.
Communal Entrance Hall Doors to the front and rear, security entry system.
Lounge & Dining Room 6.58m x 3.28m A spacious main reception room with ample space for living and dining areas, double glazed windows to the front and rear and door to the kitchen, radiators.
Additional Lounge Photo Kitchen 3.2m x 2.18m Fitted with a range of wall and base units, sink unit, integrated electric oven and hob with extractor hood above, space for a washing machine, combi boiler, part tiled walls and tiled floor, double glazed window to the rear, radiator.
Bedroom One 3.28m x 2.95m Double glazed window to the front, built in cupboard. Bedroom Two 3.28m x 2.26m Double glazed window to the front, built in cupboard.
Bathroom/WC 2.08m x 1.85m Fitted with a white suite comprising; panelled bath with shower above, low level WC and wash basin, tiled walls, radiator.
External There are communal gardens and an allocated parking space directly to the rear of the apartment.
Lease & Maintenance Charges We understand the following applies Leasehold: 999 years - approx 967 years remaining Ground Rent: Peppercorn Service Charge: £1140 per annum.
All prospective purchasers will need to verify this information with their legal advisor.
Council Tax North Tyneside Council Tax Band B Mortgage Advice Mortgage Advice A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited.
For a free initial consultation contact Darren on . **Your home may be repossessed if you do not keep up repayments on your mortgage** Location Map
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Priory Mews, Oxford Street, Tynemouth, NE30
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