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 work3-bedroom flat · NE30 4HQ
Listing removedListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully Presented & Substantial Maisonette Apartment Boasting Three Bedrooms, Two Bathrooms, Lovely Open Plan Kitchen/Diner, Impressive Full Width Sitting Room, Rear Roof Terrace, Garage & Communal Gardens!
Ideally situated on Percy Gardens, this top two floor conversion apartment enjoys stunning views over the North Sea, the mouth of the River Tyne and the historic Tynemouth Priory.
Percy Gardens is perfectly placed to provide access into Front Street, Tynemouth with its fantastic shops, cafes and amenities, as well as easy access straight onto King Edwards Bay & Longsands Beach.
Percy Gardens, which is renowned as one of the finest streets within its locality, enjoys private electronic gated access at each end with parking and well maintained communal gardens to the front including a tennis court.
Boasting in excess of 2,000 sq/ft and positioned over two floors, the internal accommodation briefly comprises: Secure communal entrance with stair access to the second floor | Private entrance leading through into the main hallway | Impressive kitchen, positioned to the rear, boasting modern cabinetry/worktops, central island with breakfast bar and integrated appliances throughout | Shower room/utility | Excellent full width drawing room, with feature fireplace and stunning views over the coastline | Bedroom three, which is a comfortable double room situated to the rear.
The staircase then leads up to the top floor and onto two further spacious double rooms | Well presented family bathroom with contemporary four piece suite | Storage cupboard |Full width boarded attic with loft ladder.
Externally, the kitchen grants access to a private roof terrace with wonderful westerly aspect, ideal for entertaining in the warmer months | Single garage | Use of the communal gardens | Secure and gated on street parking for two vehicles (not allocated and on a first come, first served basis).
The property further benefits from granted planning permission for an inverted balcony to the top floor, alongside a new balcony to the rear with sliding glazed door access from the kitchen.
Rare to the marketplace and offered with No Onward Chain, early viewings are strongly recommended at this substantial and unique apartment!
Services: Mains gas, electricity, water & drainage | Tenure: Leasehold | Lease Remaining: 102 years | Service Charge: Approximately £1,500 Per Annum | Communal Estate Charge: £515 Per Annum | Ground Rent: £100 Per Annum | Council Tax: Band D | EPC: Rating D
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Percy Gardens, Tynemouth, North Tyneside
Explore nearby