2-bedroom flat · NE29 0JT
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** NO TENANT APPLICATION FEES PAYABLE ** Super standard refurbished two bedroom lower flat, available now.
Entrance Lobby / Hallway, two beds, lounge, modern fitted high gloss white kitchen, modern bathroom with shower, enclosed rear yard. Within walking distance of North Shields Town centre & Metro.
MUST BE SEEN, EPC rating D.
HOLDING DEPOSITS ; Once an agreement in principal is reached on any proposed letting to tenants, the tenant is asked to pay a holding deposit equivalent to one weeks rent on the property, before formal referencing is undertaken.
Our office will provide full terms and conditional applicable to holding deposits before any payment is taken.
NOTICE REGARDING FREE STANDING GAS & ELECTRIC APPLIANCES ; Any free standing appliances shown on photographs or present on viewings may not be included in the tenancy.
Please obtain confirmation in writing from our office as to the inclusion of any appliances which you require included within the tenancy, before you proceed with an application for any property.
Council Tax Band: A Holding Deposit: £160
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.
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
FAQ
About Silkeys Lane, North Shields. NE29 0JT
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