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See how verdicts work1-bedroom flat · NE29 6SR
Listing removedListed 432 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming flat on Upper Penman Street presents an excellent opportunity for both first-time buyers and savvy investors.
The property boasts an open plan kitchen that seamlessly integrates with the reception area, creating a welcoming space perfect for relaxation and entertaining.
With one bedroom and a bathroom, this flat is ideal for those seeking a comfortable living environment.
The layout maximises the use of space, ensuring that every corner of the home is functional and inviting.
One of the standout features of this property is its convenient access to the vibrant amenities of North Shields.
Residents will find themselves just a stone's throw away from local shops, restaurants, and transport links, making it easy to enjoy all that the area has to offer.
Additionally, the flat comes with the advantage of no upper chain, allowing for a smooth and hassle-free purchase process.
Whether you are looking to invest or seeking a new home, this property is a fantastic choice.
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 Upper Penman Street, North Shields
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