2-bedroom flat · NE30 1NS
Listing removedListed 260 days
Opportunity summary
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About
WELL PRESENTED TWO BEDROOM FIRST FLOOR FLAT CONVENIENTLY LOCATED CLOSE TO AMENITIES IN NORTH SHIELDS CURRENTLY TENANTED UNTIL MARCH 2026 - OFFERED WITH NO UPPER CHAIN Brannen & Partners welcome to the sales market this two bedroom first floor flat which is centrally located within North Shields close to local shops, amenities and Metro station.
Benefitting from two double bedrooms, high ceilings and off street parking. Currently tenanted until March 2026 achieving £775 per month.
Briefly comprising: Secure communal entrance with stairs to the first floor into a private hallway offering access to all rooms.
The open plan lounge/kitchen/diner has fitted wall and base units which includes an integrated fridge, electric hob, oven and extractor fan.
There are two double bedrooms, one of which benefits from a walk in storage cupboard and the other has a vaulted ceiling with exposed beams creating a great sense of space.
The bathroom comprises of a bath with shower over, hand basin and W.C. Externally there is a designated parking space.
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 links.
North Shields Fish Quay is only a short walk away and has an extensive range of cafés 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.
Entrance Hallway - Lounge/Kitchen/Diner - 3.54m x 3.51m (11'7" x 11'6") - Bedroom One - 3.61m x 3.04m (11'10" x 9'11") - Bedroom Two - 3.15m x 3.05m (10'4" x 10'0") - Bathroom - 2.55m x 2.01m (8'4" x 6'7") - Externally - Communal entrance to gain access to the property as well as a designated parking space.
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.
Area
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FAQ
About Saville Street, North Shields
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