3-bedroom flat · NE29 7BP
Sold STCListed 120 days
Opportunity summary
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About
A LARGER STYLE THREE BEDROOM FIRST FLOOR FLATsituated on Wallsend Road in North Shields. AVAILABLE AS A PAIR WITH 1A CARTINGTON ROAD WHICH IS THE FLAT BELOW.
Spacious throughout and well maintained the flat briefly comprises; entrance hall and landing, fabulous main reception room, good size kitchen, three bedrooms and a bathroom/WC.
Gas central heating and double glazing. Front garden and off street parking. To arrange a viewing call COOKE & CO. Energy rating C. Ground Floor Entrance door to .....
Entrance Hall Staircase to the first floor. First Floor Landing A spacious landing area with doors leading to the lounge, kitchen, bathroom/WC and the three bedrooms.
Two built in cupboards, radiators, double glazed windows to the side.
Additional Landing Photo Lounge 4.57m x 3.66m A stunning and spacious main reception room with four double glazed windows to the front and sides, radiator.
Additional Lounge Photo Kitchen 3.66m x 3.66m Another good size room fitted with a range of wall and base units, sink unit, integrated electric oven and hob with extractor hood above, tiled splashback, space and plumbing for a washing machine and space for a fridge/freezer, two double glazed windows to the side, radiator.
Bedroom One 3.66m x 3.35m Double glazed window to the side and radiator. Bedroom Two 3.66m x 3.35m Double glazed window to the side and radiator.
Bedroom Three 3.05m x 2.13m Double glazed window to the front and radiator.
Bathroom/WC 3.05m x 2.13m Fitted with a white suite comprising; panelled bath with shower above, low level WC and wash basin, double glazed frosted window to the side.
External There is a low maintenance garden to the front and off street parking to the side.
Lease Details We understand the following applies Leasehold: 999 years from 24/02/2013 All prospective purchasers will need to verify this information with their legal advisor.
Council Tax North Tyneside Council Tax Band A Mortgage Advice A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited.
For a free initial consultation contact Darren on .
**Your home may be repossessed if you do not keep up repayments on your mortgage** Location Map Energy Performance Certificate EPC Rating C
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
Agent & docs
FAQ
About Wallsend Road, North Shields, NE29
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