2-bedroom terraced house · NE30 2HR
Sold STCListed 165 days
Opportunity summary
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About
SPACIOUS TWO BEDROOM MID TERRACED PROPERTY SITUATED WITHIN THIS SOUGHT AFTER AREA IN NORTH SHIELDS OFFERED WITH NO UPPER CHAIN Brannen & Partners are delighted to welcome to the market this well proportioned two bedroom terraced property, conveniently located close to local amenities in North Shields and a short walk to Tynemouth.
Benefitting from two reception rooms, two double bedrooms, spacious bathroom and a large private yard.
Briefly comprising: Entrance vestibule leading to the hallway which gives access to ground floor rooms and stairs to the first floor.
Overlooking the front of the property is the generously proportioned living room, featuring high ceilings, decorative coving, bay window and fireplace.
Towards the rear is a further reception room being utilised as a dining room, French doors open out to the rear yard.
The kitchen has an extensive range of fitted wall and base units, integrated appliances include a gas hob, extractor fan, electric oven and microwave.
A handy utility room provides additional storage, plumbing for a washing machine and access out to the rear yard.
To the first floor is bright and airy with a split landing leading to two double bedrooms and bathroom.
The bedroom to the front is particularly generous in size, boasting fitted wardrobes offering plenty of storage. The second bedroom also benefits from an extensive range of fitted wardrobes.
To complete this home is a large bathroom, comprising a corner bath, separate step in shower, hand basin and W.C.
Externally to the rear is a large private yard with double gates to the back lane and to the front is a low maintenance town garden. 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 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 Longsands Beach.
Tynemouth Golf Club is a few minutes walk away as is the newly regenerated Northumberland Park ideal for pleasant walks.
Entrance Vestibule - Hallway - Living Room - 4.52m x 3.60m (14'9" x 11'9") - Dining Room - 4.56m x 3.16m (14'11" x 10'4") - Kitchen - 4.50m x 2.57m (14'9" x 8'5") - Utility Room - 2.68m x 2.25m (8'9" x 7'4") - Bedroom One - 4.53m x 4.37m (14'10" x 14'4") - Bedroom Two - 4.71m x 2.59m (15'5" x 8'5") - Bathroom - 3.81m x 2.59m (12'5" x 8'5") - Externally - Externally to the rear is a large private yard with double gates to the back lane and to the front is a low maintenance town garden.
Tenure - Freehold
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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About Park Crescent, North Shields
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