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 detached house · NE29 8LS
Listing removedListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superbly located, modern, detached family home. The highly sought after Abbots Way development has excellent transport links, is close to North Tyneside General Hospital, local schools and bus routes.
An approximate drive of around five minutes will get you to our wonderful coastlines, Tynemouth, Monkseaton Village and Whitley Bay. What's not to love!
The property has ample natural light and enjoys a spacious lounge through dining room, family room addition with Velux window, contemporary and stylish kitchen with integrated appliances, separate utility room and access out to the garden area.
The garden is an excellent size, perfect for families or those who enjoy outdoor space.
The current owners have created a fabulous outdoor office or music room, fully insulated with electric and power.
To the first floor there are three double bedrooms, all with fitted storage, the principal bedroom with en-suite shower room. Modern family bathroom with shower.
Superb size rear garden with patios and lawn, garden office with it's own power supply. Front garden and driveway, garage. This lovely property is offered for sale on behalf of a local builder.
Freehold, EPC: C, Council Tax Band: D, Gas, Electric, Water, Heating, Drainage: Mains Connected. Broadband: Fttc, Mobile Phone Blackspot: No.
Mining: The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property if any Agents Note: 28 Day Exchange from the date the sales agreed.
Agents Note: "Please note that a non-refundable aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks".
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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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
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FAQ
About 189, Abbots Way, North Shields
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