2-bedroom terraced house · NE29 0HR
Listing removedListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Northwood is delighted to welcome to the market this two-bedroom terraced home on Springfield, North Shields, offering an exciting opportunity for buyers looking to create their ideal home or for investors seeking their next renovation project.
Requiring a full programme of modernisation throughout, this property provides an excellent blank canvas with the potential to add significant value.
The ground floor briefly comprises an entrance hallway leading to a spacious lounge, a separate dining room featuring an open fireplace, and a kitchen with access to the enclosed rear yard.
To the first floor are two generously sized double bedrooms, a bathroom, a separate WC, and ladder access to a substantial attic room, offering excellent additional storage or future potential, subject to the necessary consents.
Externally, the property benefits from a low-maintenance enclosed rear yard. Properties with this level of potential are becoming increasingly difficult to find.
Early viewing is highly recommended to fully appreciate the scope and possibilities this home has to offer. Contact our North Shields branch today to arrange your viewing.
Tenure: Freehold EPC: TBC Council Tax: A Material Information: This property is built to standard construction.
We endeavour to make our sales 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.
Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Lounge 3.85m x 4.02m Dining Room 3.81m x 3.85m Kitchen 2.41m x 2.61m Bedroom 1 4.21m x 4.85m Bedroom 2 2.85m x 3.79m Landing Bathroom 2.13m x 2.13m WC Attic Room 24.3m x 24.3m
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 Springfield, North Shields, NE29 0HR
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