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See how verdicts work2-bedroom flat · NE29 6EQ
For saleListed 355 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish and spacious loft-style apartment featuring two bedrooms and the benefit of private, gated parking.
Perfectly positioned on the vibrant North Shields quayside, it offers an ideal opportunity for first-time buyers or those seeking a strong rental investment.
North Shields Fish Quay is a busy and vibrant destination with a welcoming cosmopolitan atmosphere.
Home to a fantastic range of restaurants, cafés and pubs, it’s just a short walk into North Shields town centre and Tynemouth.
Excellent transport links and connecting roads are also right on the doorstep, making it convenient for commuting and exploring the surrounding coastline.
The property benefits from gas central heating,and briefly comprises: Security entrance with electric gates leading into the carparking area, communal entrance , entrance lobby with stairs and lifts to upper floors, entrance to flat, spacious open plan lounge and dining area, fitted kitchen with built in appliances, bathroom/WC and two bedrooms.
Externally there is allocated parking with security gates. Viewing is via appointment through our branch on 0191-2534117.
Leasehold 102 years remaining EPC Rating C Council Tax band D IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
WBA250469/2 Location North Shields Fish Quay is a busy and vibrant destination with a welcoming cosmopolitan atmosphere.
Home to a fantastic range of restaurants, cafés and pubs, it’s just a short walk into North Shields town centre and Tynemouth.
Excellent transport links and connecting roads are also right on the doorstep, making it convenient for commuting and exploring the surrounding coastline.
Entrance Via security electronic gates, into the residents car parking area, communal security entrance into the building. Lobby Lifts and stairs to upper floors.
Entrance Hallway Wood panelled door, wood flooring, built in storage cupboard, radiator and open through to: Lounge/dining area 6.55m x 6.22m Wood flooring, three radiators, feature brick wall with glazed window to the rear, security entrance phone, doors off to: Kitchen 2.9m x 2.3m Fitted with a range of Maple wood wall and base units, one and a half bowl sink and drainer, built in electric oven, gas hob, tiled flooring, breakfast bar, wall mounted boiler, plumbed for washing machine.
Bedroom one 3.4m x 2.26m Double glazed window to the rear, radiator, and feature brick wall.
Bedroom two 2.6m x 2.67m Double glazed window to the rear, feature brick wall, radiator and glass block bricks wall to lounge.
Bathroom/WC Panelled bath, wash hand basin, low level WC, corner shower cubicle, glass blocks to lounge, laminate flooring and radiator.
External Car parking area and security electric gates to the street.
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 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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