3-bedroom flat · NE33 4AA
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Unfurnished Three Bedroom First Floor Flat, located within walking distance to local shops and amenities including Chichester Metro Station the property is also ideally located within walking distance to South Tyneside College as well as good transport links into South Shields, Sunderland, Gateshead and Newcastle.
Benefitting from double glazing and gas central heating the property briefly comprises of entrance hall, lounge, kitchen, bathroom and three bedrooms. Externally there is a shared yard to the rear.
Available now, call to arrange a viewing now. ENTRANCE Via a Upvc front door to stairs up to first floor landing. FIRST FLOOR LANDING Loft access and radiator.
LOUNGE 4.32m (14'2) x 3.99m (13'1) Double glazed window, radiator, laminate flooring and decorative fire in surround.
KITCHEN 3.58m (11'9) x 2.24m (7'4) Fitted with a range of contemporary wall and base units with contrasting work tops, integrated oven/hob with over head extractor hood, plumbing for washing machine, radiator, tiling to splash areas, double glazed window.
BATHROOM Panelled bath with shower over and shower screen, pedestal hand wash basin, low flush w.c., part cladding to walls, radiator, double glazed window, extractor, storage cupboard.
BEDROOM ONE 4.52m (14'10) x 4.32m (14'2) Window to the front and radiator. BEDROOM TWO 3.02m (9'11) x 2.36m (7'9) Double glazed window to the rear, radiator and laminate flooring.
BEDROOM THREE 2.64m (8'8) x 2.06m (6'9) Window to the front, radiator and laminate flooring. EXTERIOR Shared yard to the rear.
Affordability In order to rent one of our properties, you will need to demonstrate that you can afford the rental payments.
The test that we apply is normally that you must have a total monthly income amounting to 2.5 times the monthly rent or a total annual income of 30 times the monthly rent.
For example, if the rent is £1,000 PCM, then you will need a monthly income of £2,500 or an annual income of £30,000.
You should also advise us if you have any adverse credit history, as this could affect the results of the referencing checks carried out on all prospective tenants.
Application To proceed to rent one of our properties, you will have to complete our simple online application forms and upload some ID information.
You will then receive a Holding Deposit Agreement and pay a Holding Deposit of one weeks' rent within our online portal.
The holding deposit will be used as part of the first rent payment upon signing the tenancy agreement.
The Holding Deposit Agreement will give you details of the circumstances that could lead to your holding deposit becoming non-refundable, as per the terms of the Tenant Fees Act 2019.
Material Information Whilst every care has been taken to prepare these particulars, they are for guidance purposes only.
All measurements are approximate and are for general guidance purposes and they should not be relied upon. Potential tenants are advised to recheck the measurements.
Broadband & Mobile Coverage The Ofcom website states the average broadband download speed of 15 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE33 4AA and mobile coverage is provided by EE, Three, O2, Vodafone.
The checker results are predictions and should not be regarded as guaranteed. Council Tax The GOV.UK website states the property is Council Tax Band: A EPC Rating: D
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About Chichester Road, South Shields
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