1-bedroom flat · NE29 6JS
Listing removedListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are pleased to offer to the market this one bedroom apartment located on St. Johns Walk, North Shields.
In need of refurbishment, the property offers would-be-buyers the opportunity to develop a spacious apartment in a great location.
The property is ideally located for local amenities with Percy Main Metro within walking distance for direct travel to Newcastle City Centre & the coast with excellent road links giving easy access to the A19 & Tyne Tunnel.
Briefly comprises; Entrance/Hall, Bedroom, Bathroom, Lounge & Kitchen. Externally are gardens to the front and rear.
Council Tax Band: A Tenure: Leasehold Length of Lease: 999 External Pathway leading to entrance, decorative borders, external storage; Hallway Built in storage, gas central heating radiator; Living Room (4.18m x 3.20m) Double glazed window to rear aspect, part glazed UPVC door to garden, gas central heating radiator; Kitchen (3.00m x 2.01m) Low level wall and base units with contrasting work surfaces, stainless steel sink with mixer tap over, space for fridge freezer, plumbing for washing machine, space for freestanding cooker, tiled splashbacks, combi boiler, vinyl flooring, double glazed window to read aspect; Bedroom (4.22m x 3.08m) Double glazed window to front aspect, gas central heating radiator; Bathroom (2.03m x 2.39m) A suite consisting of bath, W/C, wall mounted wash hand basin, part tiled walls, gas 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
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 advisors 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 2, St. Johns Walk, North Shields
Explore nearby