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See how verdicts work3-bedroom flat · NE30 2EL
Listing removedListed 175 days
Opportunity summary
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About
SPACIOUS THREE BEDROOM UPPER MAISONETTE SITUATED WITHIN THIS SOUGHT AFTER AREA IN NORTH SHIELDS OFFERED WITH NO UPPER CHAIN Brannen & Partners welcome to the market this generously proportioned three bedroom maisonette situated close to local amenities in North Shields and within walking distance of Tynemouth Village.
Boasting two reception rooms, two bathrooms, stylish kitchen, period features and private yard.
Briefly comprising: Secure communal entrance to a private hallway with stairs to the first floor split landing.
There are two large reception rooms on this floor, one overlooks the front of the property with two windows allowing plenty of natural light to fill the room and a feature fireplace housing a gas fire.
The second reception room is located to the rear and also has a fireplace.
The stylish kitchen has fitted wall and base units with quartz worktops and a Belfast sink, integrated appliances include an electric hob, oven, extractor fan and a wine fridge.
An inner lobby gives access to the bathroom as well as stairs leading out to the rear yard. The bathroom comprises a bath with shower over, hand basin and W.C.
To complete this floor is a bedroom to the front, this is a versatile space which could be utilised as a home office if required.
To the top floor are two double bedrooms, one of which benefits from an en-suite shower room. Externally to the rear is a private enclosed yard. North Shields offers a wide range of amenities.
It is close to major road links providing ease of access to other local towns, the coast and Newcastle City centre as well as good bus links.
The property is a short walk in to Tynemouth Village which offers a good range of shops, cafés and restaurants as well as the award winning Long Sands beach.
Tynemouth Golf Club is a few minutes walk away as is the newly regenerated Northumberland Park ideal for pleasant walks.
Secure Communal Entrance - Private Hallway - Landing - Living Room - 4.61m x 3.92m (15'1" x 12'10") - Reception Room - 4.73m x 3.87m (15'6" x 12'8") - Kitchen - 3.09m x 2.70m (10'1" x 8'10") - Bathroom - 1.85m x 1.71m (6'0" x 5'7") - Bedroom Three - 3.47m x 2.10m (11'4" x 6'10") - Top Floor Landing - Bedroom One - 3.83m x 3.27m (12'6" x 10'8") - En-Suite - 3.17m x 1.64m (10'4" x 5'4") - Bedroom Two - 4.46m x 3.76m (14'7" x 12'4") - Externally - To the rear is a private enclosed yard.
Tenure - Leasehold
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.
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About Linskill Terrace, North Shields
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