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See how verdicts work1-bedroom flat · NE29 6BZ
Listing removedReduced £10k (−7.1%) on 13 SepListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Smoke House | North Shields A well-presented one-bedroom fifth-floor apartment situated within the popular Smoke House development in North Shields, offering approximately 551 sq ft (51.1 sq m) of well-proportioned living accommodation with river views.
The apartment briefly comprises a welcoming entrance hallway providing access to the accommodation, a generous open-plan living room and kitchen, a spacious double bedroom and a modern bathroom.
The living room offers excellent space for both relaxing and dining, with the adjoining kitchen providing a practical range of fitted units and work surfaces.
The bedroom is well proportioned and benefits from ample space for bedroom furniture, while the bathroom is fitted with a modern three-piece suite.
Situated on the fifth floor, the property would make an excellent home for a first-time buyer, professional purchaser or investor, and offers the convenience of contemporary apartment living within this popular North Shields development.
Accommodation comprises: • Entrance hallway • Open-plan living room/kitchen • One double bedroom • Bathroom • Fifth-floor position • Approx.
51.1 sq m / 551 sq ft Location The Smoke House is ideally positioned in North Shields, providing easy access to the town centre and a wide range of local amenities, including shops, cafés, restaurants and everyday conveniences.
The area is well placed for access to the North Tyneside coastline, with the nearby Fish Quay offering a popular selection of waterside eateries and leisure facilities.
Excellent transport links are available, with North Shields Metro station providing convenient connections towards Newcastle city centre and surrounding areas.
The property is also well positioned for access to the wider road network, making it a great base for commuters.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
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FAQ
About 33, Smokehouse, Tyne and Wear
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