1-bedroom flat · NE33 4LB
Under offerListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built in the 1930’s, a ground floor flat which is pleasantly positioned having an open aspect with views over West Park to the front and a separate yard to the rear.
The property has been well maintained and improved by the present owner, it offers excellent value and is an ideal purchase for a first time buyer, single couple or indeed a small family.
West Park Road is easily accessible to all surrounding areas, local shops being found in Stanhope Road, there is good public transport close by to all surrounding areas.
An early inspection is well recommended as we do not anticipate it being on the open market for any length of time.
The property benefits from the following accommodation ACCOMMODATION GROUND FLOOR ENTRANCE VESTIBULE With UPVC framed double glazed front door, laminated floor covering.
ENTRANCE HALL With radiator and cover, storage cupboard, laminated floor covering.
LIVING ROOM/BEDROOM 1 (FRONT) 3.21m x 4,59m plus bay window With radiator and cover, laminated floor covering, integral window blinds to the bay window.
BEDROOM 2 (REAR) 1.95m x 3.47m With radiator and cover, included double wardrobe featuring dual hanging rails, full width overhead shelf and an integrated 3 drawer unit (bolted to the wall).
REAR LIVING ROOM 3.40m x 4.41m With laminated floor covering, radiator and cover, storage cupboard to alcove.
KITCHEN 2.17m x 2.90m With a range of fitted base units with ceramic tiled surrounds and hardwood worktops, incorporating a stainless steel sink unit with mixer tap, plumbing for automatic washing machine, Induction ceramic hob with electric oven below, LED spotlights, vinyl floor covering, radiator, UPVC framed double glazed door leading to the rear yard, wall mounted gas condensing combination boiler for heating the domestic hot water and central heating systems.
BATHROOM 2.09m x 1.65m With a contemporary white coloured suite comprising of panelled bath with combi shower over and glazed side splash panel, wall to wall vanity unit incorporating w.c.
washbasin and worktops/cupboards, wall mounted chrome heated towel rail, vinyl floor covering. OUTSIDE FRONT There is a walled and hedged forecourt garden.
REAR There is a walled yard with a sitting area and rear access.
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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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 West Park Road South Shields NE33 4LB
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