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See how verdicts work2-bedroom flat · NE30 2DZ
For saleListed 504 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East are delighted to welcome to the sales market this stunning, two-bedroom first floor flat situated on Grey Street, North Shields, which is offered with no upper chain.
This property boasts modern decor, a recently fitted kitchen and bathroom, spacious rooms throughout and is near an abundance of amenities such as shops, supermarkets, Northumberland park, public transport links and is only a short distance to the vibrant North Shields Fish Quay which is home to a variety of restaurants and bars.
Upon entry to the property, you are welcomed in to the spacious hallway which gives access to the principal rooms.
First is the living room, boasting ample space for furnishings and showcases lovely features like original cornicing, neutral decor and a large window which allows natural light to flood the room.
Next is the ultra-modern kitchen with recently fitted Navy wall and base units finished with marble effect countertops and gold fixtures.
There are also some integrated appliances such as fridge, freezer, oven, induction hob and an anthracite sink.
The master bedroom displayed ample space for a double bed and other desired furnishings, as well as neutral decor.
The second smaller bedroom offers versatility to be used as a home office/study, dressing room or single bedroom if desired.
Finishing this home is the newly refurbished three-piece bathroom, fitted with a bath and overhead shower, w.c and sink with grey vanity unit. Externally to the rear is a large, shared yard.
To the front of the home there is on-street parking available.
Living Room (3.82 x 4.60 (12'6" x 15'1")) Kitchen (3.64 x 2.16 (11'11" x 7'1")) Bedroom 1 (3.77 x 3.11 (12'4" x 10'2")) Bedroom 2 (2.21 x 3.29 (7'3" x 10'9")) Bathroom (2.74 x 1.25 (8'11" x 4'1")) Tenure: Tyneside lease Council tax band: A
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 18, Grey Street, North Shields
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