1-bedroom flat · NE29 8EA
Sold STCListed 151 days
Opportunity summary
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About
WELL PRESENTED ONE BEDROOM GROUND FLOOR FLAT IN NEW YORK, NORTH SHIELDS - AVAILABLE WITH NO UPPER CHAIN Brannen & Partners are pleased to bring to the market this attractive ground floor flat, ideally situated within the popular residential area of New York, North Shields.
Presented to a high standard throughout, this stylish property features a modern fitted kitchen and a contemporary bathroom, offering a perfect combination of comfort and practicality.
Externally, the home benefits from well kept gardens to both the front and rear, providing pleasant outdoor space and added convenience.
Briefly comprising; An inviting entrance hallway provides access to all principal rooms.
To the front of the property is a generous living room featuring a large window allowing for an abundance of natural light, complemented by an exposed brick fireplace, ceiling rose and decorative coving.
An archway leads seamlessly into the spacious dining area, creating an ideal space for both relaxing and entertaining.
The dining room overlooks the rear yard and benefits from an original fireplace, adding further character to the home.
From here, access is provided to the kitchen situated at the rear of the property. The kitchen is fitted with a range of wall and base units providing ample storage, together with a gas hob and oven.
There is space for a freestanding fridge freezer, and a door leads directly out to the rear yard.
Positioned to the rear of the property, the bathroom comprises a bath with overhead shower, low level WC, hand wash basin and heated towel rail.
A useful storage cupboard houses plumbing for a washing machine. The generous double bedroom is accessed via the dining room and overlooks the rear yard, offering a peaceful and comfortable retreat.
Originally this was a two bedroom property and could be easily reverted back. Externally, to the rear is a shared yard with double gates providing off street parking and access to the rear lane.
To the front, there is a shared low maintenance town garden.
North Shields is a sought after residential area and has great road, rail links and bus routes to Newcastle City centre and surrounding towns.
North Shields has a good array of local amenities and local shops, a short car ride can take you to the regenerated Fish Quay and Tynemouth Village both offering a great selection of restaurants, cafes and beautiful beaches.
Entrance Hallway - 3.72 x 1.04 (12'2" x 3'4") - Living Room - 4.49 x 3.91 (14'8" x 12'9") - Dining Room - 4.20 x 3.69 (13'9" x 12'1") - Kitchen - 4.35 x 1.99 (14'3" x 6'6") - Bedroom - 4.21 x 2.35 (13'9" x 7'8") - Bathroom - 2.71 x1.63 (8'10" x5'4") - Shared Rear Yard - Tenure - Leasehold - Share of Freehold - 972 years remaining
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 Brookland Terrace, North Shields
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