3-bedroom flat · NE30 2HP
Sold STCListed 76 days
Opportunity summary
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About
WELL PROPORTIONED THREE BEDROOM UPPER MAISONETTE SITUATED IN NORTH SHIELDS WITHIN WALKING DISTANCE OF TYNEMOUTH VILLAGE Brannen & Partners welcome to the market this well presented three bedroom upper maisonette, conveniently located close to local amenities in North Shields.
Benefitting from good sized accommodation set over two floors, bright and airy rooms and a shared yard.
Briefly comprising: Private entrance hallway with stairs leading to the first floor landing, giving access to all principal rooms.
Initially, the open plan lounge diner is spacious and bright with two tall picture windows and a fireplace housing a gas fire, complete with door to the kitchen.
Equipped with a good range of fitted units framed with solid wood worktops, the light and airy kitchen incorporates a Belfast sink, oven and hob, as well as designated spaces for appliances.
An archway leads from here to a rear landing, providing access to the bathroom and rear yard via a staircase.
Presenting a minimal design, the partially tiled bathroom is fitted with a WC, bath with shower overhead and pedestal wash basin.
Back to the central landing, two of the three bedrooms can be accessed. Both spaces are a good size and present the continuation of original period features.
Upstairs, the final bedroom is positioned across the width of the property, offering two Velux windows to create a bright dual aspect. Externally to the rear is a shared yard.
The property is located in North Shields close to the thriving Fish Quay and to major road links providing ease of access to other local towns, the coast and Newcastle City centre as well as good bus and Metro links.
The property is a short walk in to Tynemouth Village which offers a good range of shops, cafés and restaurants as well as the award winning Long Sands Beach.
Tynemouth Golf Club is a short walk away with the beautiful natural surroundings of Northumberland Park which is ideal for pleasant walks.
Private Entrance Hallway - Landing - Lounge/Diner - 5.95m x 4.42m (19'6" x 14'6") - Kitchen - 3.48m x 1.58m (11'5" x 5'2") - Bathroom - 2.52m x 1.61m (8'3" x 5'3") - Bedroom One - 4.66m x 3.68m (15'3" x 12'0") - Bedroom Two - 3.13m x 2.14m (10'3" x 7'0") - Top Floor Landing - Bedroom Three - 5.49m x 5.19m (18'0" x 17'0") - Externally - To the rear is a shared yard Tenure - Leasehold - 961 years remaining.
Value & comps
No previous sales on record.
Returns
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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.
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About Rosedale Terrace, North Shields
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