3-bedroom terraced house · NE29 6TA
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FAB Houses on The Plateau are distinctive, thoughtfully designed homes by renowned modern architect George Clarke.
Combining striking architecture with smart technology which have been carefully crafted to suit contemporary living.
28 The Plateau is a mid-terrace, three bedroom house which has been further enhance by the current vendors, most notably through the installation of a new kitchen, together with the creation of additional storage and a built-in desk area.
Upon entry, the entrance hallway provides useful storage and leads through to the downstairs WC. Continuing through the property is the impressive kitchen/living room.
The contemporary kitchen was fitted approximately two years ago and features modern wall and base units, an induction hob, oven and dishwasher, together with a beautifully designed tiled splashback.
The kitchen leads through into the spacious living area, which benefits from access directly onto the rear garden.
The garden is private, decked and low maintenance, providing an excellent outdoor space that is easy to maintain.
Under the stairs, is a particularly useful built-in desk and storage area, which is ideal for those working from home and makes excellent use of space.
To the first floor are three generously proportioned bedrooms, together with the family bathroom.
The bathroom is partially tiled and benefits from a shower over the bath, WC, wash hand basin and built-in storage.
The property also benefits from two allocated parking spaces, with additional visitor parking available nearby.
Services: Mains electric, water and drainage | Tenure: Freehold | Council Tax: Band D | Energy Performance Certificate: Rating B
Value & comps
No previous sales on record.
Returns
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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 28, The Plateau, Smiths Dock, North Shields, North Tyneside
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