2-bedroom flat · NE29 0NU
Listing removedListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available now, unfurnished. Fresh Property welcome to the rental market this two bed ground floor flat on Cleveland Avenue, North Shields.
With two well-proportioned bedrooms, this property is ideal for small families, couples, or individuals seeking a comfortable home.
Upon entering, you are welcomed into a spacious reception room that serves as the heart of the flat, providing a warm and inviting space for relaxation and entertaining.
The layout is thoughtfully designed, ensuring that every corner of the home is utilised effectively. The flat features a kitchen, perfect for those who enjoy cooking and entertaining.
It offers ample storage and workspace, making meal preparation a pleasure. Adjacent to the kitchen, you will find a conveniently located bathroom, designed for both functionality and comfort.
Externally there is a rear yard, which provides outdoor space for enjoying the fresh air.
Located in North Shields, this flat benefits from a vibrant community atmosphere, with local amenities, shops, and transport links just a stone's throw away.
The area is well-connected, making it easy to explore the surrounding regions.
Bedroom 1 (3.25 x 4.98) 16' 4'' x 10' 8'' excluding wardrobe (4.98m x 3.25m) Built in wardrobe, picture rail, coving to ceiling, radiator and double glazed bay to front.
Bedroom 2 (2.01 x 3.25) 10' 8'' x 6' 7'' (3.25m x 2.01m) Feature fire place, laminate flooring, radiator and double glazed window to rear.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About 17, Cleveland Avenue, North Shields
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