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See how verdicts work2-bedroom flat · NE29 8EP
For saleListed 348 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A BEAUTIFULLY PRESENTED GROUND FLOOR FLAT offered with NO UPWARD CHAIN in this popular and sought after location. Ideal for young couples/first time buyer/investor.
The property has recently been redecorated and refurbished to a good standard. The main features include an attractive main lounge, two good sized bedrooms, a modern kitchen and bathroom/WC.
The property benefits from having a private yard/garden. Providing great value for money, one of the cheapest around, early viewing recommended. Ground Floor UPVC entrance door to...
Entrance Hall Wood laminate style flooring and radiator. Lounge 4.2m x 3.89m Double glazed window, feature chimney recess, wood laminate style flooring. Open aspect to rear.
Kitchen 2.82m x 2.4m With a range of recently refurbished wall and floor units, stainless steel drainer sink unit, built-in electric hob and oven, double glazed window and radiator.
Rear Lobby to Bathroom/WC. Bathroom/WC White low level WC, wash hand basin, panelled bath with shower over, chrome heated towel rail.
Bedroom One 4.22m x 4.34m A large double glazed walk-in bay window to front (with fitted blind), feature cast iron fireplace, TV point, picture rail, double radiator.
Bedroom Two 2.7m x 1.93m Double glazed window (with fitted blind), understair walk-in cupboard and radiator. Rear Yard with Garden Private yard/garden to rear.
Agent's Notes - No upward chain - Modern kitchen - White bathroom/WC - Double glazing and central heating - Viewing essential Tenure Leasehold Lease Start Date - Dec 1987 Lease End Date - Dec 2986 Lease Term - 999 years from 11 December 1987 Lease Term Remaining - 961 years Mortgage Advice A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited.
For a free initial consultation contact Darren on .
**Your home may be repossessed if you do not keep up repayments on your mortgage** Council Tax Band North Tyneside Council Tax Band A Location Map Energy Performance Certificate EPC Rating C
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
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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 Brookland Terrace, North Shields, NE29
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