2-bedroom flat · NE34 0PQ
For saleReduced £5k (−5.9%) on 9 AugListed 354 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are delighted to welcome to the market this spacious two bedroom ground floor flat, ideally situated on Ashley Road, South Shields.
The property is currently tenanted at 475.00 per month, representing an excellent opportunity for investors seeking a well-maintained, ready-made buy-to-let in a popular residential location.
This well-proportioned ground floor flat offers generous living accommodation comprising a welcoming entrance hallway, bright living room with feature fire surround, fitted kitchen, two double bedrooms and a family bathroom.
Externally, the property benefits from a small forecourt garden to the front and a low-maintenance rear yard with gated access to the rear lane.
Positioned in a convenient area of South Shields, the property enjoys close proximity to a range of local amenities including shops, schools, parks and transport links.
Excellent road and bus connections provide easy access to South Shields town centre, surrounding areas and the coast.
Council Tax Band: A Tenure: Leasehold Length Of Lease: 973 Entrance Hallway Part glazed UPVC entrance door, central heating radiator, built-in storage cupboard and laminate flooring.
Living Room (4.11m x 4.27m) Spacious reception room featuring a UPVC double glazed window to the rear aspect, electric fire with feature surround, space for sofas and dining table, archway to kitchen, central heating radiator and carpeted flooring.
Kitchen (4.17m x 2.10m) Fitted with a range of wall and base cupboards, stainless steel sink with mixer tap, roll-top work surfaces, and tiled splashbacks.
Space for free-standing cooker, plumbing for washing machine, and combi boiler. UPVC double glazed window to the side aspect, vinyl flooring, and door to rear lobby.
Rear Lobby Part glazed UPVC door leading to rear yard, built-in storage cupboard, central heating radiator, laminate flooring and door to bathroom.
Bathroom (2.35m x 1.69m) Comprising a white three-piece suite with WC, pedestal wash basin, and bath with electric shower over.
Two UPVC double glazed windows to the rear aspect, extractor fan, tiled walls, central heating radiator and vinyl flooring.
Bedroom One (4.78m x 4.01m) A particularly spacious double bedroom featuring a UPVC double glazed bay window to the front aspect, central heating radiator and carpeted flooring.
Bedroom Two (3.18m x 2.80m) Well-proportioned double bedroom with UPVC double glazed window to the rear aspect, central heating radiator and laminate flooring.
External To the front: A small forecourt the rear: A well-maintained, low-maintenance yard with gated access to the rear lane.
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
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 advisors 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
Agent & docs
.png)
FAQ
About 174, Ashley Road, South Shields
Explore nearby