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See how verdicts work2-bedroom flat · NE29 8DH
Sold STCListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This corner-positioned two-bedroom upper flat boasts a generous frontage and the added benefit of a separate garage.
Situated on a popular residential estate in North Shields, the property offers easy access to connecting roads, making it ideal for commuting to Newcastle and The Coast.
North Shields offers an array of local shops and amenities, with excellent transport and Metro links close at hand.
The nearby Silverlink Retail Park provides further shopping outlets and family entertainment, while the popular seaside town of Whitley Bay is just a few miles away, boasting beautiful sandy beaches and a vibrant coastline.
The property is well presented and is ideal for first time buyers or a rental investment, boasting a large open frontage and a separate garage for off street parking, benefiting from double glazing and briefly comprising: Entrance lobby and stairs to first floor landing, lounge with feature fireplace and picture window, modern fitted kitchen with built in appliances, two bedrooms both with fitted wardrobes and a bathroom/WC.
Externally there is a large block paved frontage and to the side there is a separate garage for off street parking. Viewing is via appointment through our branch on 0191-2534117.
Leasehold 100 years from 18th January 2018 EPC Rating E Council Tax Band A IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. WBA260043/2
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Langholm Avenue, North Shields, Tyne and Wear, NE29
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