1-bedroom flat · NE29 6RR
Let agreedReduced £30 (−5.7%) on 25 SepListed 61 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Conveniently situated in the heart of North Shields town centre, this well-presented one-bedroom first floor flat offers easy access to local amenities, shops, the Metro station, and excellent public transport links, making it ideal for commuters and those seeking town centre living.
The accommodation briefly comprises an entrance lobby with stairs leading to the first-floor landing and main living space.
The open-plan lounge and kitchen provides a comfortable living area and is fitted with a range of wall and base units, with plumbing for an automatic washing machine.
There is a good-sized bedroom and a shower room fitted with a white suite. Offering practical and affordable accommodation in a highly convenient EPC rating: D.
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.
Area
Agent & docs
FAQ
About Rudyerd Street, North Shields, NE29
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