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See how verdicts work2-bedroom flat · NE34 6AX
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom ground floor retirement apartment, situated within the sought-after Harton Lea Development on North Avenue, in the popular Harton Village area.
The property offers well-proportioned and comfortable accommodation, comprising a secure entrance hallway, spacious living room, fitted kitchen, two bedrooms and a bathroom.
The apartment is neutrally decorated throughout and benefits from a good level of storage, including two generous built-in storage cupboards within the hallway.
The living room features a uPVC bay window, wall-mounted electric fire and direct access to the kitchen.
The kitchen is fitted with a range of wall and base units, contrasting worktops and integrated oven and hob, with a free-standing washing machine and fridge freezer also available.
Both bedrooms offer practical accommodation, with the principal bedroom being a generous double with fitted bedroom furniture, while the second bedroom provides a useful single room with fitted wardrobes.
The bathroom includes a spacious shower cubicle with electric shower, vanity unit, WC and wash hand basin.
Externally, the development is set within beautifully maintained communal gardens, with mature trees and lawns providing an attractive setting. Off-street parking is also available.
The property enjoys a convenient location, with bus links providing access to Sunderland and Newcastle, while The Nook is just a short walk away and offers a range of local shops and amenities.
The vendor is currently looking into the possibility of a lease extension, with further details to be confirmed.
Overall, this is a comfortable and well-maintained retirement apartment offering generous accommodation, excellent storage and pleasant communal surroundings within this established and desirable Harton Lea development.
Entrance Hallway (0.97 x 4.39 (3'2" x 14'4")) Accessed via a secure communal entrance, the apartment is welcomed by a bright and neutrally decorated entrance hallway.
The hallway provides access to the lounge, two bedrooms and bathroom, while two generous built-in storage cupboards offer excellent practical storage space.
Further features include laminate flooring, a radiator and a telephone entry system.
Living Room (4.09 x 3.48 (13'5" x 11'5")) A well-presented living room featuring neutral décor and laminate flooring continuing seamlessly from the entrance hallway.
A uPVC bay window allows plenty of natural light into the room, with a radiator positioned beneath.
The room is further complemented by a wall-mounted electric fire, creating a comfortable focal point, with access through to the kitchen.
Kitchen (1.75 x 3.51 (5'8" x 11'6")) A well-appointed kitchen fitted with a range of neutral wall and base units, complemented by contrasting worktops and partially tiled walls.
The kitchen features a tiled floor, matt black sink with mixer tap, integrated electric oven and hob with extractor hood over, and contemporary spot lighting.
A ladder-style radiator provides additional warmth. A free-standing washing machine and fridge freezer are also available within the kitchen.
Bedroom (3.04 x 2.87 (9'11" x 9'4")) A generously proportioned double bedroom, neutrally decorated and finished with laminate flooring.
The room benefits from a range of fitted bedroom furniture, including wardrobes, over-bed storage and drawers, providing excellent storage space.
A uPVC window allows natural light into the room, with a radiator providing warmth. Bedroom (3.04 x 2.31 (9'11" x 7'6")) A well-presented single bedroom with neutral décor and carpet flooring.
The room benefits from fitted wardrobes, a uPVC window providing natural light and a radiator. Bathroom (1.70 x 2.84 (5'6" x 9'3")) A spacious bathroom finished with tiled walls and flooring.
The room features a generous shower cubicle with electric shower, vanity unit with WC and hand wash basin with mixer tap.
Further benefits include a heated towel radiator and contemporary spot lighting.
External The property is set within beautifully maintained communal grounds, featuring established lawns and mature trees, creating a pleasant and attractive setting.
Off-street parking is also available.
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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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
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FAQ
About 16 Harton Lea, North Avenue, South Shields
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