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 work3-bedroom terraced house · NE29 6JQ
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you're looking for an affordable property with the Metro, local shops and schools on your doorstep then look no further!
This family home is an excellent size and boasts a gorgeous, enclosed rear garden, which is not directly overlooked. The enclosed front garden also benefits from a walled and gated area with storage.
With no onward chain you can be confident that as soon as you are ready this lovely property is too! Spacious entrance hallway, downstairs cloaks/w.c.
Rear lounge through dining room with patio door opening out to the garden area.
Spacious kitchen area, the first floor landing opens to three double bedrooms and you will be delighted with the stunning, re-fitted shower room, enjoying a walk-in double shower with forest waterfall spray.
St Stephens Way is also close to excellent local transport links, with the A19, Tyne Tunnel and A1058 close-by, approximately a 5-10 minute drive to the Cobalt Business Park and Silverlink! Fabulous!
Freehold. EPC: Tbc: Council Tax Band: A. Gas, Electric, Water, Heating, Drainage: Mains Connected. Broadband: Fibre.
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
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
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FAQ
About 33, St. Stephens Way, North Shields
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