2-bedroom flat · NE29 8EA
No longer listedListed 57 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**new to the market** Available Now - Please enquire online We are delighted to bring to the market this fantastic, unfurnished two bedroom first floor flat in North Shields.
Located in a popular area, close to shops and the local post office and connecting on to all main bus routes and coast road.
The entrance to this property features a double glazed UPVC entrance door and a staircase leading to the flat itself.
The lounge has a fantastic brick-feature fireplace with fitted gas fire and a double glazed window, this stunning airy room is neutrally decorated with built in storage units.
A modern kitchen with beech effect floor and wall mounted units, black granite work surfaces and fitted chrome handles.
The bathroom is fitted with a white, modern three piece suite with a bath and black tile flooring. There are two good sized rooms, which are both decorated in neutral colours with carpet flooring.
The main bedroom also boasts a black, tiled feature fire place. Located in a popular area, close to shops and the local post office and connecting on to all main bus routes.
This property is sure to appeal to a wide range of viewers including growing families, couples and professionals.
DSS welcome with a guarantor Pets allowed Important Information Upfront Costs: £1235 Rent: £575 Deposit: £660 Council Tax: North Tyneside Council
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 145, Brookland Terrace, North Shields
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