5-bedroom house · NE33 3EN
Listing removedListed 103 days
Opportunity summary
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About
Both the dining kitchen and the family room feature french doors, and the ground floor includes a bay windowed lounge, a laundry and a downstairs WC.
Two of the five bedrooms are en-suite, one has a dressing room and the bathroom includes a separate shower.
Plot 6 Tenure: Freehold Length of lease: N/A Annual ground rent amount (£): N/A Ground rent review period (year/month): N/A Annual service charge amount (£): 192.19 Service charge review period (year/month): Yearly Council tax band (England, Wales and Scotland): Tbc Reservation fee (£): 1000 For more information about the optional extras available in our new homes, please visit the Miller Homes website.
Rooms Ground Floor Lounge (3.78 x 4.78 m) Kitchen (4.04 x 5.57 m) Laundry (1.25 x 1.98 m) Dining (3.01 x 2.81 m) Family (4.73 x 3.77 m) WC (1.7 x .9 m) First Floor Principal Bedroom (3.78 x 3.12 m) En-Suite (2.46 x 1.18 m) Dressing (1.63 x 2.19 m) Bedroom 2 (3.02 x 3.65 m) En-Suite 2 (1.96 x 1.51 m) Bedroom 3 (3.96 x 2.91 m) Bedroom 4 (3.01 x 2.91 m) Bedroom 5 (4.24 x 2.49 m) Bathroom (2.67 x 1.95 m) About Scholars Park At Westoe Villag Around a mile from both the River Tyne and the beautiful north east coast, the site of Scholars Park was once the largest training ground in the UK for naval education.
Sailors of all ranks and many nations began their careers here.
While Westoe is now integrated into the greater Tyneside travel network, the heart of the village, with its abundance of green spaces, is still a vibrant reflection of its history as home to generations of students.
The lush, tree-lined streets offer a wide selection of shops and services, from supermarkets and convenience stores to a cosmopolitan choice of cafés, bars and takeaways.
A Post Office around fifteen minutes’ walk away is complemented by a drop-and-collect facility less than half a mile from the development.
Scholars Park is just three miles from the A19 and within 25 minutes’ drive of Newcastle and Sunderland, and well served by local buses.
For travel further afield, Metro services from Chichester Station, half a mile away, run every fifteen minutes and reach Gateshead in 22 minutes and Newcastle in 24, carrying on to Whitley Bay, Tynemouth and North Shields.
The ferry terminal for the half hourly, seven-minute trip across the Tyne to North Shields is less than half an hour’s walk from Scholars Park.
Disclaimer The house plans shown above, including the room specifications, may vary from development to development and are provided for general guidance only.
For more accurate and detailed plans for a specific plot, please check with your local Miller Homes sales adviser. Carpets and floor coverings are not included in our homes as standard.
Value & comps
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Returns
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Archie refurb estimate: a Pro feature
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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.
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Area
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FAQ
About 6, Grosvenor Road, South Shields
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