2-bedroom flat · NE29 6DS
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New to the market is this wonderful two bedroom property.
The accommodation comprises; communal entrance with door entry phone system and communal lift, hall, spacious lounge / dining room with fabulous views of the boating marina, two bedrooms, kitchen with fitted units and gas hob/electric oven and bathroom with over head shower.
The property also benefits from on-site parking. The amazing condition and fabulous location of this property makes for an exciting opportunity which can only truly be appreciated by a visit.
North Shields is a vibrant fishing town which embraces its heritage as proudly as it welcomes modernisation. North Shields enjoys beaches and parks, Quays and shopping, history and modern facilities.
The public transport is excellent and includes the metro system, the local schools are highly sought after and the diverse scenery makes it attractive to retired couples, young couples, first time buyers and families.
Agents Note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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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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 123, Commissioners Wharf, Tyne and Wear
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