2-bedroom flat · NE29 8DN
For saleListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This purpose-built offers a comfortable living space, perfect for individuals or small families seeking a convenient and well-connected home, as well as those seeking an investment property, with a proven track history on the rental market.
Spanning an area of 581 square feet, the flat features a spacious reception room with storage cupboard.
The kitchen is fitted with a range of wall and floor units, with space for freestanding appliances. There are two well-proportioned bedrooms and bathroom with shower.
There is on and off-street parking, with potential in the separate garage which can be renovated to provide extra storage or private parking. The flat has lovely mature gardens to the front.
Situated in North Shields, you will find yourself within easy reach of local amenities, including shops, schools, and parks, making it an ideal location for those who appreciate community living.
The nearby transport links provide connectivity to the Coast; Newcastle and beyond.
Constructed in the 1970's, this leasehold flat presents a good opportunity for those looking to invest in a comfortable and practical home or rental property in a vibrant area.
Entrance UPVC door opens to stairs and hallway accessing main accommodation.
Kitchen (2.04 x 2.65 (6'8" x 8'8")) Small fitted kitchen with window to rear aspect, ample wall and floor units and space for freestanding appliances.
Living Room (3.77 x 3.65 (12'4" x 11'11")) With picture window to the front aspect and storage cupboard housing electric services Master Bedroom (3.77 x 3.20 (12'4" x 10'5")) With window to the front aspect Second Bedroom (2.35 x 3.00 (7'8" x 9'10")) L shaped room with storage cupboard and window to rear aspect Bathroom (2.04 x 1.92 (6'8" x 6'3")) Fitted with wc; handwash basin and bath with electric shower over External There is a separate garage in need of renovation.
Parking is available in front of that, in additional to on-street. The flat benefits from a mature enclosed garden to the front of the property
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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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 advisors before making any investment decisions.
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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 6, Peebles Close, North Shields
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