2-bedroom flat · NE29 8AT
Sold STCListed 891 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming apartment located on Darras Drive in the sought-after area of North Shields.
This property boasts a cosy reception room, two comfortable bedrooms, and a well-maintained bathroom, providing a perfect living space for individuals or small families.
Built in the 21st century, this apartment offers modern amenities and a contemporary feel. With 732 sq. Ft of living space, there is ample room to relax and entertain.
The allocated parking spot ensures convenience for residents with a vehicle, making coming home a breeze.
Situated in a prime location, this property is ideal for investors looking for a valuable addition to their portfolio. Currently tenanted at an annual rental income of £8,400.
Don't miss out on the chance to own this fantastic apartment in North Shields. Contact us today to arrange a viewing and experience the potential this property holds for yourself.
External Externally the property benefits from an allocated parking space.
Vestibule (1.21 x 1.66 (3'11" x 5'5")) Hallway (4.5 x 3.40 (at largest points) (14'9" x 11'1" (at) L-Shaped Hallway with Storage space off to the side.
Offering access to the; Bathroom, Two Bedrooms and Living Room. Bathroom (1.57 x 3.08 (5'1" x 10'1")) Family Bathroom with Frosted UPVC Double Glazing, Shower-over-bath, sink and toilet.
Bedroom One (2.53 x 4.19 (8'3" x 13'8")) Large Principal Bedroom with Carpets and UPVC Double Glazed window and a radiator.
Bedroom Two (2.57 x 3.08 (8'5" x 10'1")) Carpeted 2nd Bedroom equally adapt as a home office or dressing room, with UPVC Double Glazed window Living/Dining Room (4.04 x 4.04 (13'3" x 13'3")) Living Space with Carpet and window overlooking green area.
Leading to the open-plan kitchen. Kitchen (1.63 x 2.08 (5'4" x 6'9")) Open-plan kitchen space
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 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
Agent & docs
FAQ
About 14 Moor Park House, Darras Drive, North Shields
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