2-bedroom terraced house · NE34 9LT
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely two bedroom mid link home, perfect for first time buyers, downsizers, or anyone looking for a fresh start in a friendly neighbourhood.
Step inside and you'll find a bright and welcoming lounge, ideal for relaxing after a long day or catching up with friends over coffee.
The dining kitchen offers plenty of space for cooking up your favourite meals, with room for a dining table so you can enjoy family dinners or entertain guests with ease.
Upstairs, there are two comfortable bedrooms, each with a peaceful feel that makes it easy to unwind. The main bedroom is a generous size and the second bedroom offers flexibility.
There's also a useful home office, perfect if you work from home or need a quiet spot for study and paperwork (this could easily double as a nursery or dressing room, depending on your needs).
The property is presented in move-in condition, so you can simply unpack and start making it your own. With no onward chain, the buying process should be straightforward and stress-free.
The location is handy for local shops, schools, and transport links, making daily life convenient and simple.
Whether you're looking to move straight in or put your own stamp on a new place, this home offers great potential and a welcoming vibe.
Viewing is a must to fully appreciate all this property has to offer. Don't miss your chance to make it yours. Get ready for speedier, smoother and more successful sales with Sale Ready properties!
The vendors have opted to provide a legal pack for the sale of their property which includes a set of searches.
The legal pack provides upfront the essential documentation that tends to cause or create delays in the transactional process.
The legal pack includes: Evidence of title Standard searches (regulated local authority, water & drainage & environmental) Protocol forms and answers to standard conveyancing enquiries The legal pack is available to view in the branch prior to agreeing to purchase the property.
The vendor requests that the buyer purchases the searches provided in the pack which will be billed at £360 (inc. VAT) upon completion.
EPC Rating: C Dining Kitchen With composite entrance door, fitted with a range of wall and base units, worktops, inset sink, ceramic hob, electric oven, windows to the front and rear, stairs to the first floor and tiled floor.
Lounge With window to the front, French doors leading to outside and radiator.
First Floor Landing With built in storage cupboard housing the wall mounted gas central heating boiler, doors leading to bedrooms, study/nursery and bathroom.
Bedroom One With window to the front and radiator. Bedroom Two With window to the front, radiator and built in storage. Office/Nursery With window to the rear and radiator.
Bathroom With bath and shower over, w.. Wash hand basin, wall tiling, windows to the rear and ladder radiator. Garden Enclosed garden to the front of the property.
Rear Garden Enclosed low maintenance garden to the rear with summer house. Garden Summer house with bar, power and lighting.
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
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FAQ
About 40 Grays Walk, South Shields
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