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See how verdicts work2-bedroom flat · NE29 0LS
For saleReduced £5k (−3.6%) on 9 OctListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fresh Property Centre are pleased to present this charming two-bedroom ground floor flat located on Fenwick Terrace, Preston Road, in the heart of North Shields.
This delightful property boasts a welcoming entrance hall that leads into a spacious lounge, perfect for relaxation and entertaining.
The flat features a well-appointed kitchen, two comfortable bedrooms, and a bathroom with WC, making it an ideal home for individuals or couples.
One of the standout features of this property is its retention of many original characteristics, which adds a unique charm and character to the living space.
Externally there are gardens to the front and side and a small yard to the rear.
Situated directly opposite the picturesque Christ Church, this property enjoys a prime location with excellent access to North Shields Town Centre.
Residents will appreciate the convenience of nearby amenities, shops, and transport links, making it easy to explore the vibrant local area.
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
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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.
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 3, Fenwick Terrace, North Shields
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