2-bedroom terraced house · NE29 7QZ
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2944387.
✨ Newly Refurbished 2-Bed Family Home with Driveway and Garden, Walk to the Metro, Close to Good Schools and the Coast ✨ Welcome to Richmond Grove, a freshly refurbished two-bedroom home on a quiet residential street in North Shields.
It suits young families, couples and working professionals who want a modern, move-in-ready home with the coast, the city and good local schools all on the doorstep.
🏡 The home 🍳 Brand-new fitted kitchen appliances 🛁 New modern bathroom with contemporary fittings 🔥 New energy-efficient boiler and central heating 🪵 Fresh, neutral decoration throughout 🛏️ Two bedrooms upstairs 🚗 Private driveway for off-road parking 🌳 Enclosed rear garden, a safe space for children to play 🎒 Great for families Several Ofsted “Good" schools are within about a mile, including Collingwood Primary, St Joseph's Catholic Primary, Percy Main Primary, Norham High School and St Thomas More Catholic High School.
Ofsted “Outstanding" New York Primary is a short drive away. 🚇 Easy commuting Meadow Well Metro station is around a 7-minute walk.
It's on the Yellow line, with direct trains into Newcastle city centre and out to Tynemouth and Whitley Bay. The A19 and the Coast Road (A1058) are minutes away by car.
🌊 Days out on your doorstep North Shields Fish Quay, with its seafood restaurants, cafes and riverside walks Tynemouth Priory and Castle, Tynemouth Market and the award-winning Longsands beach Royal Quays Outlet and marina for shopping, dining and family fun The Shields Ferry across the Tyne for a day trip to South Shields 📋 Key details 💷 Rent: £890 pcm (£205.38 per week) 🔐 Deposit: £1,026.92 (5 weeks' rent) 🛋️ Unfurnished 📅 Available Now Homes like this don't stay on the market long.
Message us today to book your viewing!
📞 Summary & Exclusions: - Rent Amount: £890.00 per month (£205.38 per week) - Deposit / Bond: £1,026.92 - 2 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 30 October 2026 - Maximum number of tenants is 5 - Students welcome to enquire - Smokers considered - Bills not included - Property has parking - No Garden Access - EPC Rating: C If calling, please quote reference: 2944387 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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.
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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.
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