4-bedroom detached house · NE33 4AR
For saleListed 429 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 1 st and 2 nd floor maisonette flat which has over recent years undergone a scheme of refurbishment, however this has not been completed and it requires finishing off and further upgrading.
This has been taken into account in arriving at the asking price and gives the prospective purchasers the opportunity of carrying out the finishing and works that are required to complete to their own style and taste.
There is a refitted kitchen with oven, hob and built in fridge freezer, 4 bedrooms (3 of which have work stations) for student accommodation and in addition to this the property has been priced for a quick sale.
For schools in the area contact The property benefits from the following accommodation ACCOMMODATION GROUND FLOOR ENTRANCE VESTIBULE ENTRANCE HALL With staircase to first floor, door leading to the rear yard, understair storage cupboard with plumbing for automatic washing machine and space for tumble dryer.
FIRST FLOOR LANDING With staircase to 2 nd floor, meter/cloaks cupboard. BEDROOM 4 (FRONT) 2.14m x 1.9m With radiator. LIVING ROOM 3.82m x 4.02m With fireplace, radiator.
KITCHEN/DINING ROOM 3.36m x 4.31m With a range of fitted wall and floor units with pine fronts, laminated worktops, incorporating an electric oven, hob, extractor fan with light above, an inset stainless steel sink unit with mixer tap, radiator.
INTERNAL LOBBY W.C. With a white coloured suite (yet to be fitted), provision for washbasin.
BATHROOM 4.80m x 2.38m (maximum measurements) With a partially complete shower cubicle, provision for pedestal washbasin, low level w.c.
wall mounted gas boiler for heating the domestic hot water and central heating systems (system not yet tested and drained down). SECOND FLOOR LANDING With access to loft.
BEDROOM 1 (REAR) 3.96m x 3.88m With dormer window, radiator, work station. BEDROOM 2 (FRONT) 4.10m x 2.98m With provision for radiator, work station.
BEDROOM 3 (FRONT) 3.03m x 2.32m With provision for radiator, work station. OUTSIDE To the rear there is a shared walled yard with a rear access.
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
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FAQ
About Dean Road South Shields NE33 4AR
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