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 work5 × 2-bed flat · NE33 2EX
For saleListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire five two bedroom apartments on Lawe Road, set within a highly desirable Coastal location boasting stunning Sea views to the front elevation.
Perfectly positioned in a central location, the property is within easy reach of the Town Centre, Ocean Road, Marine Park and a wealth of popular Seaside attractions, as well as an excellent range of shops, cafés and local amenities.
The block comprises three front facing apartments enjoying superb open views across the Coastline, together with two well proportioned duplex apartments to the rear.
Four of the apartments are currently tenanted, providing an immediate rental income, whilst the top floor apartment is actively operating as a successful holiday let, offering further flexibility and income potential.
Externally, there are communal gardens to the front, creating an attractive approach to the building, along with bin storage and a yard area to the rear for added convenience.
This established block presents a strong and reliable ongoing investment opportunity, with scope for further development or enhancement subject to the necessary consents.
With its prime Coastal setting, mixed rental income stream and long term growth potential, this is an ideal acquisition for serious investors seeking a well located and versatile Coastal asset.
ENTRANCE HALLWAY Door into ground floor Apartment and stairs to first floor Landing.
GROUND FLOOR FRONT APARTMENT ENTRANCE LOBBY BATHROOM HALLWAY BEDROOM TWO BEDROOM ONE EN SUITE LOUNGE KITCHEN FIRST FLOOR LANDING Access into front Apartment and Maisonette. Stairs to top floor.
FIRST FLOOR FRONT APARTMENT ENTRANCE LOBBY BATHROOM HALLWAY BEDROOM TWO BEDROOM ONE EN SUITE LOUNGE DINER KITCHEN TOP FLOOR LANDING FIRST FLOOR DUPLEX MAISONETTE ENTRANCE HALLWAY BEDROOM ONE EN SUITE STAIRS TO TOP FLOOR BEDROOM TWO BATHROOM KITCHEN LOUNGE DINER TOP FLOOR FRONT APARTMENT ENTRANCE LOBBY BATHROOM HALLWAY BEDROOM TWO BEDROOM ONE EN SUITE LOUNGE DINER KITCHEN BALCONY ST AIDANS ROAD MAISONETTE ENTRANCE LOBBY HALLWAY BEDROOM ONE EN SUITE BATHROOM BEDROOM TWO STAIRS TO FIRST FLOOR LOUNGE DINER KITCHEN EXTERNALLY EPC Rating For 28A: D Energy Rating Current : 68 Energy Rating Potential : 76 EPC Rating For 28B: C Energy Rating Current : 76 Energy Rating Potential : 78 EPC Rating For 28C: C Energy Rating Current : 75 Energy Rating Potential : 83 EPC Rating For 28D: D Energy Rating Current : 58 Energy Rating Potential : 64 EPC Rating For St Aidans: C Energy Rating Current : 73 Energy Rating Potential : 88 Council Tax 28A The GOV.UK website states the property is Council Tax Band: B Council Tax For 28B The GOV.UK website states the property is Council Tax Band: B Council Tax For 28C The GOV.UK website states the property is Council Tax Band: B Council Tax For 28D The GOV.UK website states the property is Council Tax Band: B Council Tax For St Aidans The GOV.UK website states the property is Council Tax Band: B Broadband & Mobile Coverage For 28A The Ofcom website states the average broadband download speed of 10 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE332EX and mobile coverage is provided by EE, Three, O2 and Vodafone.
The checker results are predictions and should not be regarded as guaranteed.
Broadband & Mobile Coverage For 28B The Ofcom website states the average broadband download speed of 16 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE332EX and mobile coverage is provided by EE, Three, O2 and Vodafone.
The checker results are predictions and should not be regarded as guaranteed.
Broadband & Mobile Coverage For 28C The Ofcom website states the average broadband download speed of 10 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE332EX and mobile coverage is provided by EE, Three, O2 and Vodafone.
The checker results are predictions and should not be regarded as guaranteed.
Broadband & Mobile Coverage For 28D The Ofcom website states the average broadband download speed of 15 Mbps and a maximum download speed of 66 Mbps at this postcode: NE332EX and mobile coverage is provided by EE, Three, O2 and Vodafone.
The checker results are predictions and should not be regarded as guaranteed.
Broadband & Mobile Coverage For St Aidans The Ofcom website states the average broadband download speed of 15 Mbps and a maximum download speed of 66 Mbps at this postcode: NE33 2EY and mobile coverage is provided by EE, Three, O2 and Vodafone.
The checker results are predictions and should not be regarded as guaranteed.
Tenure We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease.
They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
The Agent Of The North Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs.
Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations.
Call now on Money Laundering Regulations Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash.
You'll also need to provide us with full chain details including agents and solicitors down the chain.
To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place.
All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose.
We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale.
If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.
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
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 Lawe Road, South Shields
Explore nearby
