1-bedroom flat · NE33 2BD
For saleListed 1058 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented Second Floor Apartment with great views of the North Marine Park and out to the coastline.
Well positioned for the town centre facilities, local restaurants and all that the sea front has to offer, this apartment would be ideal for the single person or couple looking for a secure place to call home or a lock up and leave.
The home comes with a lounge diner open plan to a fitted kitchen with appliances, has one bedroom and a bathroom. With lift access and secure gated parking, viewing is a must.
Communal Entrance Via an entry system leading to a large open entrance hall with lift and stairwell to all floors Entrance Hall A lovely entrance hall with built in storage cupboard housing the electric central heating boiler, laminate floor and a radiator Lounge Diner Across the front of the home with French doors leading to a Juliet balcony to make the most of the views towards the North Marine Park and coastline.
There are plantation style shutters to the French doors and windows, laminate floor and two radiators.
The room is open plan to the kitchen Kitchen Fitted with wall, base units and work surfaces housing a sink unit, electric hob with oven under and filter hood over, integral fridge freezer, washer and dishwasher, tiled splash backs Bedroom Plantation style shutters to the window, laminate floor and a radiator Bathroom Bath with Mira mixer shower, wash basin and WC, part tiled walls and a radiator External Rear secure car park via electric gate, car parking bay Note A maintenance charge is payable to Kingston Property management for the upkeep of all communal areas, lifts and car park access gate.
This also includes the buildings insurance and is approximately £128.89 per month, possibly paid half yearly. Long leasehold 125 years from 2005
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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 Flat, 9, South Haven, South Shields
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