3-bedroom house · NE33 5AW
Listing removedReduced £155 (−20.7%) on 21 JunListed 318 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Presenting this three-bedroom terraced house, situated in the picturesque coastal town of South Shields.
The property is available for occupancy immediately and is superbly suited for professionals or a growing family.
As you step inside, you'll be greeted with an inviting reception room that boasts plenty of natural light, setting the ideal ambiance for comfortable living.
The residence features three bedrooms that offer ample space for personalisation. The modern bathroom is thoughtfully designed to incorporate a clean and contemporary atmosphere.
A key feature of this home is its energy efficiency, as evidenced by its Energy Performance Certificate rating of 'C'.
This means lower utility bills and a reduced carbon footprint, making it a smart choice for the ecologically conscious.
Residents will also appreciate the low-cost Council Tax Band 'A', further making this property an economic choice.
South Shields is known for its beautiful coastlines and vibrant community, and this terraced house places you at the heart of it all. It's an opportunity not to be missed.
Be sure to arrange your viewing today - this charming property won't remain on the market for long.
Criteria essential no negotiation Initial contract 12 months Affordability is calculated as 30x rent (Per Annum) - 22,500 Move in within 4 weeks Applicants must view the property Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria.
However, couples who have previously co-habited, are married or are in a civil partnership will have their incomes combined and assessed jointly.
- Self- will require an accountant's reference and should have accounts for a minimum of two years. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor. Council Tax Band: A Deposit: 775.00 Length of Tenancy: 12 Months
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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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
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FAQ
About 282, Taylor Street, South Shields
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