3-bedroom house · NE29 9JE
Sold STCListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Arranged across three floors, this spacious three-bedroom townhouse offers an versatile layout, with generous reception space, two particularly substantial upper-floor bedrooms and an established rear garden.
The ground floor opens into an entrance hallway with a convenient W.C, leading to a fitted kitchen with white cabinetry, integrated appliances and a bay window, while the separate dining room stretches across the rear of the property with French doors opening directly into the garden.
The first floor is centred around a generous living room with two front-facing windows, alongside bedroom three currently used as a home office and a family bathroom.
Two further bedrooms occupy the second floor, including an impressive principal bedroom with its own en-suite shower room, while bedroom two is another generous double.
Outside, the property benefits from a generous block-paved frontage providing off-street parking, while the rear garden is private enclosed space with an abundance of planting, paved pathways, seating space, a timber garden shed and another useful storage shed down the side.
Freehold, EPC: Tbc, Council Tax Band: D, Electricity, Water, sewerage, heating mains connected, broadband: Adsl, Mobile coverage 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: "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
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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
Agent & docs
FAQ
About 22, Bishopbourne Court, North Shields
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