4-bedroom flat · NE33 4HG
Sold STCReduced £29.9k (−25%) on 25 SepListed 505 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property boasts four well-proportioned bedrooms, providing ample accommodation for a growing family or for those seeking a home with additional guest or office space.
Each bedroom benefits from good natural light and neutral décor, creating a sense of comfort and tranquillity.
The property includes a beautiful bathroom, designed with practicality and comfort in mind with its freestanding bath and spacious walk-in shower.
Situated in South Shields, Shakespeare Street offers excellent access to a range of local amenities, including shops, schools, and public transport links.
South Shields coastline is also close by with lovely bars and restaurants.
The spacious rooms and flexible layout make it an ideal choice for those looking to put their own stamp on a property while benefitting from a move-in-ready condition.
Viewings come highly recommended! Don’t miss the opportunity to secure this well-located, versatile property in South Shields.
EPC Rating: D Entrance Features: Via composite door, stairs to first floor.
First Floor Landing Features: Radiator, stairs to second floor Kitchen (4.25m x 3.05m) Features: UPVC double glazed window x 2, radiator, range of wall and floor units, contrasting work surfaces, oven, hob, extractor hood, plumbing for washing machine, sink with mixer tap and drainer, splash back tiles, tiled floor, spotlights to ceiling.
Bedroom Four (4.58m x 2.77m) Features: UPVC double glazed window, radiator.
Bathroom (3.53m x 2.08m) Features: UPVC double glazed window, radiator, low level WC, pedestal hand wash basin, walk-in shower cubicle, waterfall head, free standing bath.
Lounge (5.93m x 4.43m) Features: UPVC double glazed window, radiator, laminate wood flooring. Bedroom One (5.51m x 3.03m) Features: UPVC double glazed window x 2, radiator.
Bedroom Two (3.34m x 2.76m) Features: UPVC double glazed window, radiator. Bedroom Three (2.67m x 2.53m) Features: UPVC double glazed window, radiator. Yard Features: Private yard.
Parking - On Street Features: On-street parking bays.
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 2 Shakespeare Street, South Shields
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