2-bedroom flat · NE33 3AR
Sold STCListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever popular St Vincent Street in Westoe, this spacious upper floor flat offers flexible accommodation in a sought after coastal location.
Originally designed as a three bedroom property, the layout is currently configured as two bedrooms with two reception rooms, providing versatile living space to suit a range of buyers.
The standout feature is the light, bright and airy open plan lounge flowing seamlessly into the dining room, creating an ideal space for both everyday living and entertaining.
The accommodation is complemented by a practical fitted kitchen, which leads through to the bathroom suite.
Externally, the property benefits from a former covered yard, currently enclosed and accessed via a manual double garage door.
This area offers excellent potential to be reinstated as a traditional yard or adapted to suit individual requirements, subject to any necessary consents.
Offered for sale with vacant possession, the property presents an excellent opportunity for first time buyers, downsizers or investors alike.
Ideally positioned for easy access to the award winning Coastline, residents can enjoy beautiful Beaches, scenic Parks, green open spaces and a variety of popular Seaside attractions, all within easy reach.
Excellent local amenities, transport links and Schools further enhance the appeal of this well located home.
ENTRANCE HALLWAY FIRST FLOOR LANDING LOUNGE 4.5m (14'9) x 3.94m (12'11) DINING ROOM 4.34m (14'3) x 3.76m (12'4) KITCHEN 3.53m (11'7) x 2.24m (7'4) BATHROOM 2.57m (8'5) x 2.01m (6'7) FRONT BEDROOM 2.72m (8'11) x 2.31m (7'7) REAR BEDROOM 3.35m (11'0) x 2.44m (8') EXTERNALLY Tenure We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease.
They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage The Ofcom website states the average broadband download speed of 16 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE33 3AR and mobile coverage is provided by EE, Three, O2 and Vodafone.
The checker results are predictions and should not be regarded as guaranteed.
Council Tax The GOV.UK website states the property is Council Tax Band: A The Agent Of The North Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs.
Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations.
Call now on Money Laundering Regulations Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash.
You'll also need to provide us with full chain details including agents and solicitors down the chain.
To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place.
All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose.
We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale.
If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable. EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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 advisors 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.
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FAQ
About St Vincent Street, South Shields
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