1-bedroom flat · NE29 6BU
Listing removedListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available unfurnished. Fresh Property Centre present Smokehouse One, a charming purpose-built flat located in the vibrant Quayside of North Shields.
This delightful property is situated on Duke Street, offering a convenient and lively atmosphere, perfect for those seeking a modern lifestyle.
The flat features a well-designed layout, comprising one spacious reception room with open plan kitchen that serves as an ideal space for relaxation and entertaining.
The bedroom is thoughtfully sized, providing a comfortable retreat for rest and rejuvenation. Additionally, the property includes a well-appointed bathroom, ensuring all your essential needs are met.
This flat benefits from contemporary design and modern amenities.
The location is particularly appealing, with easy access to local shops, restaurants, and public transport links, allowing for effortless commuting and exploration of the surrounding area.
Communal Hallway (0 x 0) Via secure entry system, lifts and stairs to second floor. Entrance Hall (0 x 0) Laminate flooring, radiator and built in cupboard with plumbing for a washing machine.
Lounge (0 x 0) Laminate flooring, secure entry system, built in cupboard, radiator and double glazed window.
Open Plan Kitchen (0 x 0) Modern matching base and wall units with work surfaces over, stainless steel sink with drainer and mixer tap, built in oven, four ring electric hob, extractor fan over, integrated fridge and integrated dish washer.
Bedroom One (0 x 0) Radiator and double glazed window. Bathroom/Wc (0 x 0) Modern three piece bathroom suite comprising; panelled bath with mixer tap, hand wash basin with mixer tap and low level WC.
Shaver point, part tiled, heated towel rail, tiled floor and spotlights. External (0 x 0) Permit parking available.
Agent's Note (0 x 0) This property has a yearly Service Charge of -£1859.76 and a ground rent of -£125 per annum.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 15, Smokehouse One Smiths Dock, North Shields
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