1-bedroom flat · NE30 3RL
Under offerListed 36 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 ground floor apartment located on Cambo Place, North Shields.
In need of refurbishment, the property offers would-be-buyers the opportunity to develop a spacious apartment in a great location.
Situated within the popular Marden Estate, the property is ideally located for local amenities with excellent road links giving easy access to the A19 & Tyne Tunnel.
Briefly comprises; Entrance/Hall, Lounge, Kitchen, Bedroom and Bathroom. Externally are gardens to the front and rear.
Call now to arrange your viewing or Council Tax Band: A Tenure: Leasehold Hallway (3.92m x 0.91m) Composite door leading to entrance, built in storage cupboards, electric storage heater; Living Room (4.71m x 3.21m) Double glazed window to rear aspect, electric storage heater; Kitchen (3.76m x 2.03m) A range of wall and base units with contrasting work surfaces, stainless steel sink with mixer tap over, plumbing for washing machine, space for fridge freezer, space for electrical appliance, extractor, tiled splashbacks, vinyl flooring, double glazed window to side aspect; Bedroom (3.75m x 2.62m) Double glazed window to rear aspect, built in wardrobes, electric wall panel heater; Shower Room (2.12m x 1.80m) A white suite consisting of walk in shower cubicle with electric shower, pedestal wash hand basin, W/C, wall mounted electric fan heater, part tiled walls, extractor, vinyl flooring, double glazed window to side aspect;
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
FAQ
About 72, Cambo Place, North Shields
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