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See how verdicts work2-bedroom flat · NE29 7PG
Listing removedListed 126 daysAuction 26 Jun · ended
Opportunity summary
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About
TO BE OFFERED BY ONLINE AUCTION ON 29/07/2026 10:40 As an auction property the details are subject to change. Please check our website for any updates or addendum entries.
Description The property comprises a 2 bedroom first floor flat that is situated in a mid-terraced property. The flat provides 2 bedrooms, reception room, kitchen and a bathroom.
Heating is via central heating fired by a combi-gas boiler (not-tested). Some refurbishment is required.
Location Location The property is situated in a residential area within North Shields/ 31 Coast Road is accessed through Beach Road (A1058) and has some local amenities with a Tesco Express which is within 0.1 miles.
North Shields town centre is approximately 1 miles to the south east and Newcastle city centre is 6 miles to the south east.
Nearby are a few local parks and schools and local bus routes are easily accessible. The immediate surrounding area is one of lower quality housing.
Accommodation 2 bedrooms, kitchen, bathroom, reception room: 77.52 sq. m (834 sq. ft) Outside Rear yard and storage. Tenure Leasehold under title TY474562.
The Register states a term of 999 years from 26 June 2008.
It is drawn on fairly common terms for a lease of this type, with a peppercorn rent, a full repairing and insuring liability in respect of the demised premises (which includes the walls and roof above the dividing joists between the ground and first floors) and a liability for a contribution to pay one half the cost of repairing or maintaining any common installations.
Property Size 78.000 Square Metres EPC Energy Asset Rating is TBC. Buyer's Administration Fee There will be a Buyer's Administration Fee of £3,000 (inc VAT) payable upon exchange of contracts.
Additional Information 1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g.
the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2.
If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use.
The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
3. The property is being sold under Proceeds of Crime legislation. Please see Legal Pack for further details.
Value & comps
No previous sales on record.
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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 starting price
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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

FAQ
About 31 Coast Road, North Shields, Tyne And Wear, NE29 7PG
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