3-bedroom flat · NE29 6SJ
For saleListed 93 days
Opportunity summary
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About
WELL PROPORTIONED THREE BEDROOM FIRST FLOOR FLAT SITUATED WITHIN THIS RESIDENTIAL AREA IN NORTH SHIELDS Brannen & Partners welcome to the market this three bedroom first floor flat situated within North Shields.
Benefitting from three bedrooms, good sized accommodation and rear yard. Appealing to a range of buyers including downsizers, first time buyers and buy to let investors.
Briefly comprising: Private entrance hallway with stairs to the first floor landing accessing all rooms.
The living room is a bright and airy space featuring a fireplace housing an electric fire, moving towards the rear of the property is the fitted kitchen, well equipped and includes an integrated electric hob, oven and extractor fan.
An inner lobby gives access to the bathroom, comprising a bath with shower over, hand basin and W.C. The rear yard can also be accessed from this lobby area.
There are three bedrooms, two of which are doubles in size. The primary bedroom is a large double and overlooks the front of the property.
Externally to the rear is a yard which benefits from a lockable outhouse providing storage.
North Shields offers a wide range of amenities, it is close to major road links providing ease of access to other local towns, the coast and Newcastle City Centre.
North Shields Fish Quay has an extensive range of cafés, bars and restaurants, Tynemouth Village is also within walking distance and offers an elite range of cafes and restaurants as well as the award winning Long Sands Beach.
Private Entrance Hallway - First Floor Landing - 2.30 x 1.99 (7'6" x 6'6") - Living Room - 3.83 x 3.63 (12'6" x 11'10") - Kitchen - 3.14 x 2.30 (10'3" x 7'6") - Bathroom - 2.33 x 1.74 (7'7" x 5'8") - Bedroom One - 4.60 x 4.01 (15'1" x 13'1") - Bedroom Two - 4.29 x 2.39 (14'0" x 7'10") - Bedroom Three - 2.02 x 1.96 (6'7" x 6'5") - Externally - Externally to the rear is a yard which benefits from a lockable outhouse providing storage.
Tenure - Leasehold
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Vicarage Street, North Shields
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