We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE34 6AX
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary | ground floor retirement apartment | gas central heating | great location | no upper chain | We are delighted to offer to the market this well presented two bedroom ground floor retirement apartment in the sought after Harton Lea Development on Sunderland Road, South Shields.
Benefiting from gas central heating and double glazing the property has the added benefit of a re-fitted kitchen and bathroom and is ready to move into.
A great location with bus links to Sunderland and Newcastle as well as being a short walk to The Nook with great amenities on offer. Comprising briefly :- Secure door entry to the communal hallway.
Door to the apartment. Doors lead to the lounge, bedroom one, bedroom two and bathroom. The kitchen leads from the lounge via double doors.
Externally a communal garden lies to the rear with off street parking on the site. Offered with no upper chain early viewing is essential..
Council Tax Band: A Tenure: Leasehold Length of Lease: 59 Annual Ground Rent Amount: 25.00 Annual Service Charge Amount: 2,640.00 Entrance Secure entry to the communal hallway with door to the apartment.
Doors to the lounge, bedroom one, bedroom two and bathroom. Lounge Double glazed bay window to the rear and central heating radiator. Feature fire surround with electric fire.
Double doors to the kitchen. Kitchen Fitted with a range of wall and base units with roll top work surfaces, stainless steel sink with mixer tap and splash back tiling.
Electric oven and ceramic hob with extractor hood. Plumbed for automatic washing machine. Double glazed window to the rear. Bedroom One.
Double glazed window to the rear, central heating radiator and fitted wardrobes. Bedroom Two Double glazed window to the side and central heating radiator.
Bathroom Comprising low level w.c., wash basin, panelled bath and shower cubicle with mains operated shower. External Communal gardens lie to the rear with off street parking to the side.
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
.png)
FAQ
About 10 Harton Lea, North Avenue, South Shields
Explore nearby