2-bedroom flat · NE33 3GE
For saleReduced £5k (−3%) on 24 SepListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Delighted to offer this much larger than normal Top Floor Apartment covering a corner of the building and giving it panoramic coastal and sea views from the living room and a bedroom window.
The home offers a super lounge diner, two good sized bedrooms, a fitted kitchen with some integral appliances and porcelain floor tiles and a bathroom with shower over the bath.
Outside is an allocated parking bay in the communal car park. If you are looking for an apartment on this sought after development that offers more space than the normal, then look no further.
Communal Entrance Hall Via an entry system with stairs to all floors and door to the rear car parking area.
Entrance Lobby With a radiator Entrance Hall Loft access, spot lights and a radiator Lounge Dining Room A superb large room covering a corner and with great panoramic views of the sea and coastline, spot lights, laminate floor and two radiators Kitchen Fitted with a range of wall and base units with worksurfaces housing a sink unit, gas hob with oven under and filter hood over, integral dishwasher, fridge and freezer, tiled splash backs and porcelain floor tiles, radiator Bathroom A three piece white suite of a bath with mixer shower over, wash basin and WC, part tiled walls and a tiled floor, radiator Bedroom 1 Radiator Bedroom 2 Great coastal views, radiator External An allocated parking bay to the rear communal car park Note Long Leasehold Title 150 years from 2003.
Ground Rent £250 per annum (To be Confirmed) maintenance charge is payable for the upkeep of all communal areas and includes buildings insurance.
This is approximately £900 per annum (details to be confirmed). Council Tax Band C, Mains Services Connected, Flood Risk very low. Broadband Basic 16 Mbps, Superfast 71 Mbps.
Satellite/Fibre Tv Availability BT and Sky. Mobile Coverage O2 likely, Vodafone and EE limited, Three unlikely
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About 52, Sea Winnings Way, South Shields
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