3-bedroom flat · NE29 6BF
For saleReduced £30k (−7.9%) on 21 JunListed 261 days
Opportunity summary
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About
Signature North East welcomes you to this beautifully presented three-bedroom, first-floor apartment, ideally located in North Shields.
Built in 2021, the property enjoys a contemporary finish throughout and is perfectly positioned just moments from Royal Quays Marina.
A convenient range of local amenities are close by, while Meadow Well Metro provides excellent transport links for commuters and those looking to explore the wider North East.
From the entrance hallway, step into a spacious open-plan family room, where windows and a Juliet balcony flood the space with natural light and allow for fresh air to flow throughout.
The kitchen is fitted with attractive wall and base units, offering generous worktop space and integrated appliances including a fridge-freezer, dishwasher, washing machine and oven.
There is ample room for a dining area, making this space ideal for both everyday living and entertaining.
The open-plan layout continues into a second reception area, a generous living room with bright windows and access to a useful storage cupboard.
Continuing through the apartment, you will find three well-proportioned double bedrooms. Bedroom one benefits from built-in wardrobes, while bedroom three features a Juliet balcony.
The layout offers excellent flexibility, with potential to reconfigure the apartment into two separate flats or to create a four-bedroom home with a study by utilising one of the generous reception rooms, subject to any necessary consents.
The apartment further benefits from two modern and attractive shower rooms, both fitted with walk-in showers, wash basins and WCs.
Externally, the property offers fantastic access to Royal Quays Marina, with attractive walks and cycle routes right on the doorstep.
Off-street parking is available via two allocated parking bays within the car park, which is protected by CCTV, providing both convenience and peace of mind.
Living Room (5.77 x 4.37 (18'11" x 14'4")) Family Room (4.86 x 95 (15'11" x 311'8")) Kitchen (3.34 x 2.27 (10'11" x 7'5")) Bedroom One (2.85 x 2.77 (9'4" x 9'1")) Bedroom Two (3.09 x 3.01 (10'1" x 9'10")) Bedroom Three (3.11 x 2.75 (10'2" x 9'0")) Shower Room (1.81 x 1.71 (5'11" x 5'7")) Shower Room (3.e1 x 1.82 (9'10"e3'3" x 5'11"))
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 16 Laurel Quays, Coble Dene, North Shields
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