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See how verdicts work2-bedroom flat · NE29 7BX
Sold STCListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SPACIOUS TWO BEDROOM FIRST FLOOR FLAT SITUATED IN NORTH SHIELDS OFFERED WITH NO UPPER CHAIN Brannen & Partners welcome to the market this well proportioned two bedroom first floor flat situated within this modern block in North Shields.
Benefitting from open plan lounge/kitchen, two bathrooms, secure entry system and designated parking bay.
Briefly comprising: Secure communal entrance to the first floor accessing the private vestibule leading to the hallway.
The open plan lounge/kitchen/diner offer a sociable space with modern fitted wall and base units and sliding patio doors to a Juliette balcony.
Integrated appliances include an electric hob, oven, extractor fan, washing machine and dishwasher. There are two double bedrooms, one of which benefits from an en-suite shower room.
The main bathroom comprises a bath, hand basin an W.C. Externally to the rear is a designated parking bay. 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 and the Metro station.
The property is a short drive into Tynemouth Village which offers a good range of shops, cafés and restaurants as well as the award winning Longsands Beach.
Secure Communal Entrance - Private Vestibule - Hallway - Lounge/Kitchen/Diner - 5.88m x 5.19m (19'3" x 17'0") - Bedroom One - 3.77m x 2.60m (12'4" x 8'6") - En-Suite - 1.98m x 1.79m (6'5" x 5'10") - Bedroom Two - 2.65m x 2.09m (8'8" x 6'10") - Bathroom - 2.47m x 1.96m (8'1" x 6'5") - Externally - There is a designated parking bay.
Tenure - Leasehold
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
FAQ
About Alnwick House, North Shields
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