3-bedroom flat · NE30 2BZ
Sold STCListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL PRESENTED THREE BEDROOM FIRST FLOOR FLAT SITUATED WITHIN THIS POPULAR AREA IN NORTH SHIELDS OFFERED WITH NO UPPER CHAIN Brannen & Partners welcome to the market this well presented three bedroom first floor flat situated in North Shields.
Benefitting from good sized accommodation, modern kitchen and bathroom and small private yard. Appealing to a range of buyers including first time buyers, downsizers and buy to let investors.
Briefly comprising: Private entrance vestibule with stairs to the first floor landing leading to all rooms.
The living room is situated to the rear, it is well proportioned and features a fireplace housing a gas fire.
A door leads to the kitchen, well equipped with fitted wall and base units, integrated gas hob, electric oven, extractor hood, space for a fridge/freezer and plumbing for a washing machine.
The modern bathroom comprises a bath with shower over, hand basin, W.C. and heated towel rail.
There are three good sized bedrooms, one of which is particularly generous in size, featuring high ceilings, decorative coving and a bay window overlooking the front of the property.
Externally to the rear is a small private yard.
The property is located in North Shields close to the thriving Fish Quay and to major road links providing ease of access to other local towns, the coast and Newcastle City centre as well as good bus and Metro links.
The property is a short walk in to Tynemouth Village which offers a good range of shops, cafés and restaurants as well as the award winning Long Sands Beach.
Tynemouth Golf Club is a short walk away with the beautiful natural surroundings of Northumberland Park which is ideal for pleasant walks.
Entrance Vestibule - Landing - Living Room - 4.25m x 3.84m (13'11" x 12'7") - Kitchen - 3.03m x 2.49m (9'11" x 8'2") - Bedroom One - 5.10m x 3.80m (16'8" x 12'5") - Bedroom Two - 3.15m x 2.45m (10'4" x 8'0") - Bedroom Three - 2.71m x 2.46m (8'10" x 8'0") - Bathroom - 2.27m x 1.67m (7'5" x 5'5") - Externally - To the rear is a small private yard.
Tenure - Leasehold
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.
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FAQ
About Belford Terrace, North Shields
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