We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE33 3NB
Sold STCReduced £5k (−3.1%) on 18 JulListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within A well maintained and secure block, this immaculate two bedroom first floor apartment offers exceptional coastal living with breathtaking panoramic views.
From the lounge and kitchen, residents can enjoy uninterrupted views across bents park towards sandhaven beach and stretching as far as tynemouth.
The apartment features stylish and durable lvt flooring throughout and is both light and well proportioned making it ideal for A range of buyers including first time buyers, downsizers and those seeking A coastal retreat.
Externally, the property benefits from an allocated parking space along with secure bicycle storage.
Perfectly positioned for enjoying the coastline while remaining conveniently close to an excellent selection of restaurants, shops, pubs and the town centre, this outstanding apartment combines lifestyle, location and quality in equal measure.
Communal Entrance The apartment can be accessed from the front and rear via communal entrance with stairs leading to the first floor apartment.
Entrance Hall The apartment itself has an entrance lobby with lvt flooring and door opening into the entrance hall which has a door phone entry system, lvt flooring, radiator and storage cupboard with adjacent shelved niche.
Lounge (Front) (4.60m (15' 1") x 3.39m (11' 1")) Lvt flooring, two radiators, LED lighting, upvc double glazed square bay window.
Kitchen (2.70m (8' 10") x 2.65m (8' 8")) A range of cream fitted wall/floor units, single drainer stainless steel sink unit with mixer tap, plumbing for washer, built in oven/gas hob/concealed overhead extractor hood, complementary inset wall tiling, lvt flooring, upvc double glazed window, radiator, cupboard with Baxi gas combination central heating boiler.
Bathroom/W.C.
(2.74m (9' 0") x 1.61m (5' 3")) Panelled bath with overhead chrome plumbed shower and shower screen, low level w.c., pedestal wash hand basin, part tiled walls, lvt flooring, radiator, upvc double glazed window.
Bedroom No. 1 (Rear) (3.48m (11' 5") x 2.68m (8' 10")) Lvt flooring, LED lighting, upvc double glazed window, radiator. Bedroom No.
2 (Rear) (2.90m (9' 6") x 2.40m (7' 10")) Lvt flooring, upvc double glazed window, radiator.
Exterior The property has an allocated parking space to the rear of the building where there is also a communal bin store and bicycle shed.
Additional Information We are advised by the vendor that the current service charge is £1079.35 per annum and there is also a small estate charge payable annually.
The ground rent is understood to be £103.00 and is payable biannually.
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 182, Bents Park Road, South Shields
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