2-bedroom house · NE33 3PU
Let agreedListed 42 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
East George Potts Street, South Shields This newly renovated two-bedroom upper flat on East George Potts Street in South Shields is ready for immediate rent.
The property features brand new carpets and lino flooring, along with freshly painted white walls that give a bright and fresh feel throughout.
The brand new modern kitchen is a highlight, providing a sleek and functional space for cooking. The bathroom is also modern, complementing the overall contemporary look of the flat.
Additionally, there is a private yard for outdoor enjoyment. Conveniently located close to amenities, this flat offers both comfort and convenience.
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 193, East George Potts Street, South Shields
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