5-bedroom terraced house · NE29 9JW
Under offerListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely does a home of this calibre come to market.
Forming part of the historic Preston Towers, a distinguished Victorian building converted just six years ago, this exceptional five-bedroom residence effortlessly combines contemporary luxury with timeless period charm.
Immaculately presented throughout and offered with no upper chain, this is a rare opportunity in one of North Shields’ most sought-after residential settings.
Preston Towers is one of North Shields’ most notable Victorian landmarks, originally built as a grand private residence and renowned for its architecture, mature grounds and rich heritage.
The property opens into a vestibule leading to a grand entrance hallway with storage cupboards and staircase to the upper floors.
The elegant reception room is flooded with natural light from a beautiful bay window and additional garden-facing window, centred around a feature recessed fire and log burner.
Open to the reception room is a superb contemporary kitchen diner, designed for modern living and entertaining, with granite worktops, integrated appliances, a substantial island and space for dining.
The first floor boasts a grand landing with impressive windows and chandeliers.
Two generous bedrooms are located here, one currently utilised as a second lounge with fireplace, log burner and a stylish en-suite shower room.
A beautiful family bathroom features period-style fittings, vanity basin, WC and walk-in rainfall shower. A further bedroom, accessed by a separate staircase, is presently used as a home office.
Occupying the top floor is a magnificent principal suite with vaulted ceiling and dual-aspect windows creating a wonderful sense of light and space.
The suite includes a lounge area and luxurious en-suite with freestanding bath and separate rainfall shower. A further bedroom is currently used as a dressing room.
Externally, south-west facing gardens provide a stunning setting for outdoor enjoyment, complemented by driveway parking for multiple cars.
Vestibule - Entrance Hallway - Reception Room - 6.17m x 5.00m (20'3 x 16'5) - Kitchen Diner - 7.06m x 5.08m (23'2 x 16'8) - Downstairs Wc - First Floor Landing - Bedroom - 6.07m x 4.98m (19'11 x 16'4) - Bedroom - 4.55m x 3.86m (14'11 x 12'8) - Ensuite - 2.67m x 2.44m (8'9 x 8) - Bathroom Wc - 2.77m x 1.80m (9'1 x 5'11) - Bedroom - 6.27m x 3.07m (20'7 x 10'1) - Bedroom - 6.20m x 5.59m (20'4 x 18'4) - Ensuite - 4.80m x 3.58m (15'9 x 11'9) - Bedroom - Front Garden -
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 Preston Towers, Preston Road, North Shields
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