1-bedroom flat · NE34 7EQ
Listing removedListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented, neutrally decorated property offering an ideal opportunity for first-time buyers or investors looking for a purchase generating a healthy yield.
The accommodation includes an entrance porch with storage and meter cupboards, a light and airy open-plan lounge/kitchen with fitted blinds, wood-effect units, stainless steel sink, and appliances included, a practical hallway with two generous storage cupboards, a double bedroom, modern bathroom and separate WC.
Externally, the home benefits from an enclosed garden with decked patio and low-maintenance landscaping, enjoying south and south-east aspects and a side gate to the front.
Conveniently located close to transport links, the town centre, and Nook Shopping Parade, this property is offered with no upper chain, making it ready to move into or let immediately.
Entrance Porch Neutrally decorated, featuring a composite front door, with convenient storage and meter cupboards.
Open Plan Kitchen And Lounge A light and airy, neutrally decorated space with fitted blinds to the windows, featuring wood-effect kitchen units, metro brick tile splash back, a stainless steel sink, and appliances including a gas cooker, fridge freezer, and washing machine, combining style and practicality for modern living.
There are double doors leading to the garden.
Hallway Leading to the bathroom, WC, and bedroom, this practical hallway also benefits from two generous storage cupboards, offering ample space for everyday essentials.
Bedroom A well-presented double bedroom with fitted blinds to the window, providing a comfortable and inviting space Bathroom A bright, well-appointed bathroom featuring a white suite comprising a panel bath and a wash hand basin, offering a clean and functional space.
Wc A separate, modern WC featuring tiled flooring, combining practicality with a contemporary finish.
External An enclosed garden featuring a decked patio and low-maintenance landscaping, benefiting from both south and south-east aspects, with a side gate providing convenient access to the front of the property.
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 133, Steward Crescent, South Shields
Explore nearby