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See how verdicts work2-bedroom flat · NE33 3NX
For saleReduced £2.5k (−1.9%) on 18 AugListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary | two bedroom | first floor apartment | gas central heating | double glazed | great sea front location | We are delighted to offer to the market this well presented two bedroom apartment on the popular Northmain Court, Westoe Crown Village.
Benefiting from gas central heating and double glazing the property is well placed for Sea front amenities with award winning sandy beaches and miles of coastal walks as well as great local shops and schools.
Comprising briefly :- Composite door to the entrance hallway with stairs to the first floor landing. Door to the lounge, with arch to the kitchen, bedroom one, bedroom two and bathroom.
Externally an allocated parking bay lies to the rear.
Council Tax Band: B Tenure: Leasehold Length of Lease: 128 Annual Ground Rent Amount: 300.00 Annual Service Charge Amount: 518.00 Shared Ownership Percentage: 100 Entrance Composite door to the entrance hallway with stairs to the first floor landing.
Doors to the lounge, bedroom one, bedroom two and family bathroom. Lounge Double glazed window and French door to the front. Central heating radiator and arch to the kitchen.
Kitchen Fitted with a range of wall and base units with roll top work surfaces, stainless steel sink unit with mixer tap and splash back tiling, electric oven and gas hob with extractor hood.
Plumbed for automatic washing machine. Double glazed window to the rear. Bedroom One. Double glazed French doors to the front and central heating radiator.
Bedroom Two Double glazed window to the rear and central heating radiator. Bathroom Comprising low level w.c, panelled bath and wash basin.
Double glazed window to the rear and central heating radiator.
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
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FAQ
About 17, North Main Court, South Shields
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