2-bedroom flat · NE30 2HQ
For saleListed 39 days
Opportunity summary
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About
For sale, a two bedroom ground floor flat situated at Park Crescent East a popular residential street in North Shields.
This location is well suited for access to Tynemouth Village and its beaches, North Shields Fish Quay, Northumberland Park and Tynemouth golf club.
For sale, a two bedroom ground floor flat situated at Park Crescent East a popular residential street in North Shields.
This location is well suited for access to Tynemouth Village and its beaches, North Shields Fish Quay, Northumberland Park and Tynemouth golf club.
Location The property is located in North Shields, Tyne and Wear.
North Shields is a large town on the north bank of the River Tyne ad on the north east coast of England, approximately 8 miles east of Newcastle city centre.
It is situated on the east side of Park Crescent East, a period terraced street containing flats and houses.
This is a popular residential area with a wide variety of activities and services in and around North Shields and Tynemouth. Description The property is a ground floor mid terraced 'Tyneside' flat.
It is situated in a curved section of the street meaning slightly larger than average dimensions across the rear of the property.
There are UPVC double glazed windows, radiator heating, an updated kitchen and shower room with WC. Externally there is a small garden to the front and a yard to the rear.
Accommodation UPVC entrance door to Hallway With storage alcove. Laminate flooring. Bedroom One (4.4m x 3.5m into bay (14'5" x 11'5" into bay)) UPVC double glazed windows.
Double central heating radiator. Bedroom Two (3m x 3.4m average (9'10" x 11'1" average)) UPVC double glazed window. Double central heating radiator.
Lounge (6.1m x 4.4m average (20'0" x 14'5" average)) UPVC double glazed window. Double central heating radiator. Laminate flooring. Decorative fire surround.
Kitchen (3.8m x 2.3m (12'5" x 7'6")) Range of modern cream coloured fitted wall and floor storage units complementing wood effect worktops. Pantry cupboard and access to rear yard.
Shower Room / Wc (2.9m x 1.6m (9'6" x 5'2")) Wet room, shower configuration with tiled floor and walls, plastic panelling and spotlighting to ceiling. Fitted vanity unit and wash hand basin.
WC, double central heating radiator. UPVC double glazed window. External Small presentation garden to front and yard to rear.
Tenure The property is subject to a long leasehold title of 999 from 25th March 1986. Energy Performance Certificate We await a copy of the energy performance certificate.
Money Laundering Regulations In accordance with the Anti-Money Laundering Regulations, the Purchaser will be required to provide two forms of identification and proof of source of income.
Client Monies Protection Scheme R A Jackson & Son llp is a proud member of the RICS.
The RICS Client Money Protection for Residential Agents scheme has been approved by Government under the Client Money Protection Schemes for Property Agents (Approval and Designation of Schemes) Regulations 2018.
This means that RICS registered firms holding money in the areas covered by the regulations will have met the requirements under The Client Money Protection Scheme for Property Agents Regulations (2018) to belong to an approved scheme.
Further information . Property Redress Scheme R A Jackson & Son llp are part of The Property Ombudsman. Membership number T01923.
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 53, Park Crescent East, North Shields
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