2-bedroom house · NE33 5EP
For saleReduced £5k (−3%) on 13 OctListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern Two Bedroom Mid-Terraced Home In A Popular And Convenient South Shields Location Browns Estate Agents are delighted to welcome to the market this modern and immaculately presented two-bedroom mid-terraced property, pleasantly positioned on Plessey Walk in South Shields.
Offering stylish and comfortable accommodation throughout, the property represents an excellent opportunity for first-time buyers, small families and investors alike.
Plessey Walk is conveniently located for easy access to a wide range of local amenities, including shops, supermarkets, popular restaurants, eateries and social spaces.
Excellent transport links are also within easy reach, with frequent local bus services and nearby Chichester Metro Station, providing convenient connections throughout South Shields and the wider region.
Internally, the property is finished to a high standard and offers a practical, well-proportioned layout.
The accommodation briefly comprises a welcoming entrance hallway, bright and spacious lounge/diner with French doors opening onto the rear garden, modern well-fitted kitchen and convenient ground-floor W/C.
To the first floor, the landing provides access to two generously proportioned bedrooms and a contemporary family bathroom fitted with a white suite.
Externally, the property benefits from private outdoor space to both the front and rear.
The enclosed rear garden provides a pleasant, low-maintenance space with paved and gravelled areas, ideal for outdoor seating and entertaining, along with a useful timber storage shed.
Combining modern interiors, generous accommodation and a convenient location, this attractive home is ready to move into and is sure to appeal to a variety of buyers.
Early viewing is highly recommended to fully appreciate the quality and space this lovely home has to offer. Service charges – £120 annually
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.
Area
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FAQ
About 32, Plessey Walk, South Shields
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