6-bedroom house · NE33 4LU
For saleListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the heart of South Shields on Westoe Road, this exceptional flat presents a remarkable investment opportunity.
Fully refurbished in 2021, the property boasts a modern and stylish interior, making it an attractive choice for potential tenants.
The flat features one well-appointed bedroom, a contemporary bathroom, and a welcoming reception room, providing a comfortable living space.
Additionally, the property includes parking for one vehicle, a valuable asset in this bustling area.
This investment is particularly appealing as it is currently fully let, generating an impressive annual income of £26,400, with tenants responsible for all utility bills.
The property is part of a larger development that comprises a four-bedroom House in Multiple Occupation (HMO) and a self-contained flat, alongside a ground floor retail unit, enhancing its potential for diverse income streams.
Situated in a prime location, the flat is conveniently close to the Town Hall, local college, and the beautiful beach and coast, making it an ideal residence for students and professionals alike.
This property not only offers a lucrative investment but also the chance to own a piece of South Shields in a vibrant and sought-after area.
Don’t miss out on this fantastic opportunity to expand your property portfolio.
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 advisors 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
.png)
FAQ
About 35-37, Westoe Road, South Shields
Explore nearby