1-bedroom flat · NE29 6HA
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Character, scale and river views come together beautifully in this distinctive one-bedroom first-floor apartment within Collingwood Mansions.
The centrepiece is undoubtedly the impressive open-plan kitchen, dining and living space, where three tall sash-style windows frame views across the River Tyne and flood the room with natural light.
High ceilings, decorative coving and ceiling roses sit alongside exposed brickwork, giving the space genuine character, while the subtle change in level and flooring creates naturally defined areas for cooking, dining and relaxing.
The kitchen is fitted with cream panelled cabinetry and extensive work surfaces forming a substantial peninsula, together with an integrated oven, electric hob, dishwasher and washer/dryer.
The principal bedroom continues the character of the apartment, with built-in glazed wardrobes and a tall glazed door opening to a Juliet balcony overlooking the mature communal rear gardens.
A generously proportioned bathroom features a raised corner bath with shower over.
With river views to the front, this is an apartment with an individual character and sense of space that immediately sets it apart.
There is also the added benefit of an allocated parking space in a secure car park. Leasehold. 999 years from 2014 remaining years 987.
Service charge Includes Ground Rent £250.00per month payable to Brannen & Partners, next review date 01.01.2027 EPC: D, Council Tax Band: D, Gas, Electric, Water, Heating, Drainage: Mains Connected.
Broadband: Fttc available, Mobile Phone 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 4, Collingwood Mansions, North Shields
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