1-bedroom flat · NE33 3NE
Listing removedReduced £30 (−4.1%) on 10 JunListed 160 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE WITH NO DEPOSIT SCHEME. Unfurnished One Bedroom Top Floor Apartment with Sea Views. Nearby to South Shields Town Centre and located a short stroll from South Shields award winning coastline.
The development benefits from its own onsite shops and amenities. Floor plan comprises: Secure entrance via communal door, stairs up to second floor and door into apartment.
The focal point of this apartment is open plan living with lounge/diner open into a fitted kitchen. The bedroom is a double proportion bedroom that is complemented by a bathroom suite.
Externally there is an allocated parking bay. COMMUNAL DOOR Communal door to entrance hall and stairs up to the second floor. APARTMENT HALLWAY Door into hallway with storage cupboard and loft access.
LOUNGE/DINER OPEN PLAN KITCHEN 5.69m (18'8) x 2.92m (9'7) Two double glazed windows with sea views, electric storage heater.
KITCHEN AREA 3.56m (11'8) x 3.02m (9'11) Range of base and wall units, integrated oven and hob with extractor over.
Plumbed for washing machine, space for fridge/freezer, sink unit with mixer tap and drainer. Part tiling to walls, lino to floor.
BEDROOM Two double glazed windows with sea views, wall mounted electric heater. BATHROOM Panelled bath with shower over and glass shower screen, pedestal wash hand basin, low flush w.c., radiator.
laminate flooring, part tiling to walls. EXTERNALLY Bin stores and bike sheds. PARKING Allocated parking to the rear.
The Agent Of The North Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs.
Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations.
Call now on EPC Rating: B Affordability In order to rent one of our properties, you will need to demonstrate that you can afford the rental payments.
The test that we apply is normally that you must have a total monthly income amounting to 2.5 times the monthly rent or a total annual income of 30 times the monthly rent.
For example, if the rent is £1,000 PCM, then you will need a monthly income of £2,500 or an annual income of £30,000.
You should also advise us if you have any adverse credit history, as this could affect the results of the referencing checks carried out on all prospective tenants.
Deposits Fast and easy renting, secured with flatfair.
A deposit is required before any tenancy can begin and this can amount to up to 5 weeks' rent, so some of our rental properties are available with an optional, No Deposit product, provided by Flatfair.
When this is available, tenants can wave goodbye to costly deposits and it will be possible to secure your new home with a small, one-off check-in fee.
When it's time to go, you'll only pay for damages or unpaid rent you are responsible for. Ask us for full details and don't worry, if you would prefer a traditional deposit, that is always available.
Council Tax The GOV.UK website states the property is Council Tax Band: A Broadband & Mobile Coverage The Ofcom website states the average broadband download speed of 12 Mbps and a maximum download speed of 1800 Mbps at this postcode: NE33 3NE and mobile coverage is provided by EE, Three, O2, Vodafone.
The checker results are predictions and should not be regarded as guaranteed.
Application To proceed to rent one of our properties, you will have to complete our simple online application forms and upload some ID information.
You will then receive a Holding Deposit Agreement and pay a Holding Deposit of one weeks' rent within our online portal.
The holding deposit will be used as part of the first rent payment upon signing the tenancy agreement.
The Holding Deposit Agreement will give you details of the circumstances that could lead to your holding deposit becoming non-refundable, as per the terms of the Tenant Fees Act 2019.
Material Information Whilst every care has been taken to prepare these particulars, they are for guidance purposes only.
All measurements are approximate and are for general guidance purposes and they should not be relied upon. Potential tenants are advised to recheck the measurements.
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.
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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FAQ
About Sea Winnings Way, South Shields
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