3-bedroom flat · NE29 0LX
Sold STCListed 151 days
Opportunity summary
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About
THREE-BEDROOM MAISONETTE OFFERING SPACIOUS AND VERSATILE ACCOMMODATION SET OVER THREE FLOORS, IDEAL FOR MODERN LIVING.
Brannen & Partners are delighted to welcome to the market this spacious three-bedroom maisonette, ideally situated in a sought-after residential location close to North Shields town centre.
The property boasts generous room proportions, two bathrooms, charming period features, and an abundance of natural light throughout.
Briefly comprising: The property is entered via a welcoming hallway featuring original mahogany flooring and original handrail rising up the staircase, enhancing the period character found throughout the home.
The hallway provides access to the staircase and a useful utility room to the rear. The utility room is plumbed for a washing machine and offers direct access to the rear yard.
To the first floor, a spacious landing features an impressive stained-glass window allowing natural light to flood the space.
The landing provides access to an open-plan living and kitchen area, with windows to both the front and rear elevations creating a bright and airy atmosphere.
The living area boasts a decorative ceiling rose and feature fireplace with gas fire, adding character and charm.
The kitchen is fitted with a range of units and includes a gas hob, oven and integrated dishwasher. The open-plan layout creates the perfect space for entertaining and modern day living.
Also located on the first floor is a further versatile room currently utilised as a second reception room, though equally suitable as a bedroom, enjoying a large front-facing window.
A family bathroom completes the floor and is fitted with a bath with overhead shower, wash hand basin and WC.
To the second floor, a spacious landing provides access to two generous double bedrooms and an additional bathroom.
The principal bedroom benefits from fitted wardrobes, Velux window and rear-facing window, together with access to an en suite shower room comprising shower cubicle with overhead shower, wash hand basin and WC.
The third bedroom is positioned to the front elevation and offers generous proportions alongside a Velux window.
A further bathroom to the front of the property is fitted with a bath, wash hand basin and WC, also benefiting from a Velux window.
Externally, the property enjoys a gated town garden to the front with steps leading to the entrance, whilst to the rear there is a small shared yard providing access to the rear lane.
Ideally positioned close to local shops and amenities in North Shields. Benefitting from great road, rail links and bus routes to Newcastle City centre and surrounding towns.
North Shields has a good array of local amenities, a pleasant walk or a short car ride can take you to the regenerated Fish Quay and Tynemouth Village both offering a great selection of restaurants and cafes.
Hallway - 5.76 x 2.11 (18'10" x 6'11") - Utility Room - 3.70 x 1.29 (12'1" x 4'2") - Landing - 3.83 x 1.25 (12'6" x 4'1") - Living Room/ Kitchen - 5.66 x 5.51 (18'6" x 18'0") - Bedroom - 3.32 x 2.99 (10'10" x 9'9") - Bathroom - 2.62 x 1.96 (8'7" x 6'5") - Landing - 3.83 x 2.77 (12'6" x 9'1") - Master Bedroom - 4.22 x 4.05 (13'10" x 13'3") - En Suite - 2.64 x 1.26 (8'7" x 4'1") - Bedroom - 3.31 x 3.13 (10'10" x 10'3") - Bathroom - 3.64 x 0.99 (11'11" x 3'2") - Rear Shared Yard - Tenure - Leasehold Date : 23 October 1991 Term : 999 years from 23 October 1991
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About Fenwick Terrace, North Shields
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