3-bedroom flat · NE29 6BZ
For saleListed 55 days
Opportunity summary
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About
BEAUTIFULLY APPOINTED THREE BEDROOM TOP FLOOR APARTMENT SET OVER TWO FLOORS SITUATED WITHIN THE EXCLUSIVE DEVELOPMENT OF SMOKEHOUSE TWO POSITIONED BY THE RIVER IN NORTH SHIELDS Brannen & Partners are delighted to welcome to the market this wonderfully spacious, light and airy three bedroom apartment.
Boasting open plan living, three double bedrooms, two bathrooms, vaulted ceilings, full height windows, side river views and a designated parking bay.
Briefly comprising: Secure communal entrance with stairs and a lift to the top floor. The private hallway offers a welcoming feel as well as access to all rooms and stairs to the top floor.
The impressive open plan lounge/kitchen/diner provides a wonderfully bright and airy space due to the vaulted ceiling and multiple windows allowing plenty of light to fill the room.
The lounge area benefits from side river views and links to the stylish kitchen/diner, this sociable space is perfect for entertaining family and friends.
The well equipped kitchen has a modern range of fitted wall and base units, integrated appliances include an electric hob, oven, extractor fan, fridge/freezer and dishwasher.
A double bedroom is located on this floor, this versatile room could be utilised as a further reception room or home office, good quality fitted wardrobes provide additional storage.
A bathroom is also on this floor, comprising a bath with shower over, hand basin and W.C housed within a vanity unit and a heated towel rail.
A handy utility room offers storage, plumbing for a washing machine and houses the air filtration system.
To the top floor are two further double bedrooms, one of which is particularly generous in size, featuring a vaulted ceiling, floor to ceiling glazing and en-suite shower room.
Externally there is a designated parking bay and use of a lockable cycle store.
Situated close to the North Shields ferry port and the Fish Quay in North Shields offering an extensive array of restaurants, bars and cafe's.
Only a short walk to the centre of North Shields for local shops, amenities and the Metro station.
Tynemouth Village is also within walking distance and has a great choice of shops, restaurants, award-winning Longsands Beach and is host to a weekend market.
Secure Communal Entrance - Private Hallway - Lounge/Kitchen/Diner - 6.67m x 6.28m (21'10" x 20'7") - Bedroom Three - 4.59m x 2.75m (15'0" x 9'0") - Bathroom - 2.40m x 1.98m (7'10" x 6'5") - Top Floor Landing - Bedroom One - 4.48m x 3.47m (14'8" x 11'4") - En-Suite - 2.06m x 1.93m (6'9" x 6'3") - Bedroom Two - 3.00m x 2.75m (9'10" x 9'0") - Externally - Externally there is a designated parking bay and use of a lockable cycle store.
Tenure - Leasehold
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About Smokehouse Two, North Shields
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