3-bedroom flat · NE30 1EF
For saleReduced £25k (−11.1%) on 20 MayListed 229 days
Opportunity summary
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About
FULLY REFURBISHED THREE BEDROOM UPPER MAISONETTE SITUATED CLOSE TO NORTHUMBERLAND PARK IN NORTH SHIELDS OFFERED WITH NO UPPER CHAIN We welcome to the market this fully refurbished three bedroom upper maisonette situated within this popular residential area in North Shields, within walking distance of Tynemouth Village.
Benefitting from spacious open plan living, modern interiors, two bathrooms and rear yard. Briefly comprising: Private entrance to a hallway with stairs to the first floor landing.
The living room offers a generous amount of space featuring high ceilings, window to the front and a wall mounted electric fire.
An opening leads to a further reception space which could be utilised as a spacious dining room, a walk in cupboard provides storage and stairs lead to the top floor.
There is a bedroom on this floor, this versatile room could be utilised as a home office if required.
To the rear is a well equipped modern kitchen with a breakfast bar, integrated appliances include an electric hob, oven, extractor fan, dishwasher and washing machine.
An inner lobby gives access to a shower room comprising a walk in shower, hand basin within a vanity unit, W.C. and heated towel rail.
To the top floor are two further double bedrooms, one of which benefits from an en-suite shower room with hand basin, W.C. and heated towel rail. Externally to the rear is a shared yard.
North Shields offers a wide range of amenities. It is close to major road links providing ease of access to other local towns, the coast and Newcastle City centre.
The property is a short walk in to Tynemouth Village which offers a good range of shops, cafés and restaurants as well as the award winning Long Sands beach.
Tynemouth Golf Club is a few minutes walk away as is the regenerated Northumberland Park ideal for pleasant walks.
Entrance Hallway - Living Room - 4.21m x 3.96m (13'9" x 12'11") - Dining Room - 5.11m x 4.01m (16'9" x 13'1") - Kitchen - 3.76m x 3.23m (12'4" x 10'7") - Shower Room - 2.35m x 1.29m (7'8" x 4'2") - Bedroom Three - 3.21m x 2.40m (10'6" x 7'10") - Top Floor Landing - Bedroom One - 4.49m x 3.22m (14'8" x 10'6") - En-Suite - 2.36m x 1.40m (7'8" x 4'7") - Bedroom Two - 4.86m x 2.86m (15'11" x 9'4") - Externally - To the rear is a shared yard.
Tenure - Leasehold
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Tynemouth Road, North Shields
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