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See how verdicts work2-bedroom flat · NE29 7DH
For saleReduced £5k (−5.3%) on 14 OctListed 273 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson are delighted to present this charming two bedroom ground floor flat for sale situated in this residential area which is ideally suited for a range of buyers with its convenient location within walking distance to North Shields town centre and transport links.
Upon entering the flat, you are welcomed into a hallway, the layout is further enhanced by a well appointed lounge with feature fireplace, fully fitted kitchen with a range of wall and floor units, access to the rear garden, bedroom 1 double to the rear of the property with fitted wardrobes, bathroom with white suite and shower, bedroom 2 medium size to the front of the property.
Externally there is a driveway providing off street parking and private rear garden.
Other features of this property include double glazing and gas central heating - both essential for comfort during the colder months.
The flat has been well taken care of and is ready to move into, making it an ideal choice for first-time buyers, professionals or those looking to downsize.
Don't miss the opportunity to purchase this desirable ground floor flat in North Shields. Viewings are essential to fully appreciate the comfort and convenience this property has to offer.
Trust us, you don't want to miss this absolute gem in the market! No upper chain!
Contact Pattinson Estate Agents to arrange your viewing or Council Tax Band: A Tenure: Leasehold Lounge (3.6m x 3.4m) Well presented living room to the front of the property with feature fireplace, double glazed window, radiator.
Kitchen (3.1m x 2.1m) Fully fitted with a range of white wall and floor units, integrated oven, hob, extractor fan, fridge freezer, radiator, plumbing for washing machine, double glazed window and door, access to the rear garden.
Hallway Laminate floor radiator, access to all rooms Bedroom 1 (4.2m x 3.0m) Double bedroom to the rear of the property with fitted wardrobes, double glazed window, radiator.
Bathroom (2.9m x 1.5m) White suite, part tiled walls, wash hand basin, wc, shower over the bath, double glazed window.
Bedroom 2 (3.0m x 2.6m) Medium sized bedroom to the front of the property, double glazed window, radiator. Garden Private rear garden fenced with lawn.
Rear Gate with access to the side of the property.
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.
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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
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FAQ
About 129, Balkwell Avenue, North Shields
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