3-bedroom flat · NE29 9JD
For saleListed 36 days
Opportunity summary
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About
WELL PRESENTED THREE BEDROOM TOP FLOOR APARTMENT SITUATED WITHIN THIS SOUGHT AFTER DEVELOPMENT IN PRESTON GRANGE WITH A LIFT - NO UPPER CHAIN We welcome to the sales market this well proportioned three bedroom apartment situated in Preston Grange North Shields.
Offering good size accommodation, two bathrooms, secure intercom system, lift and allocated parking bay.
Briefly comprising: Secure communal entrance to a private hallway with a useful storage cupboard, giving access to all rooms.
The particularly bright and spacious lounge features a large window enjoying lovely distant sea views and overlooks the well maintained communal gardens.
The fitted kitchen comprises a range of base and wall mounted units, with plumbing and space for a washing machine, as well as space for a fridge freezer and freestanding hob and oven.
A window provides plenty of natural light. The generous master bedroom benefits from fitted sliding door wardrobes, a large window and a door leading through to the en suite shower room.
The en suite is fitted with a WC, wash hand basin and shower cubicle with shower, together with an extractor fan providing ventilation.
There are two further well proportioned double bedrooms, both benefiting from large windows overlooking the communal gardens.
One of the bedrooms is currently utilised as a dining room, offering flexibility to suit individual requirements.
The main bathroom comprises a WC, wash hand basin and bathtub with an overhead shower, complemented by an extractor fan for ventilation.
Externally there are well maintained communal gardens and a designated parking bay.
Preston Grange, North Shields is a sought after residential area and has great road links and bus routes to Newcastle city centre and surrounding towns.
North Shields has a good array of local amenities and local shops, a short car ride you can make the most of the regenerated Fish Quay and Tynemouth Village both offering a great selection of restaurants and cafes.
Secure Communal Entrance - Private Entrance Hallway - 6.95 x 1.03 (22'9" x 3'4") - Lounge - 3.98 x 3.97 (13'0" x 13'0") - Kitchen - 2.97 x 2.52 (9'8" x 8'3") - Master Bedroom - 4.09 x 3.37 (13'5" x 11'0") - En Suite - 2.94 x 1.01 (9'7" x 3'3") - Bedroom - 3.21 x 2.77 (10'6" x 9'1") - Bedroom - 2.76 x 2.44 (9'0" x 8'0") - Bathroom - 2.01 x 1.98 (6'7" x 6'5") - Allocated Parking Bay -
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.
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About Beachborough Close, North Shields
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