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See how verdicts work2-bedroom flat · NE33 3EB
Under offerListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the highly sought after and desirable Westoe Village, this fantastic ground floor flat offers generous living space and plenty of charm.
It's an ideal choice for first time buyers, those looking to downsize, or anyone seeking a solid investment opportunity.
The property is perfectly positioned within easy reach of local amenities, including shops, cafés, and excellent transport links.
Both South Shields Town Centre and the beautiful coastline are easily accessible, adding to the appeal of this superb location.
Inside, the well designed layout includes an inviting entrance hallway leading to a bright and spacious lounge at the front, a kitchen diner to the rear, a contemporary bathroom, a generously sized master bedroom filled with natural light, and a second well sized bedroom.
Externally, the property benefits from rear parking and is offered with vacant possession, ready for its next owner to move straight in or let out immediately.
Additionally, there is a brick built single garage to the rear with an electric door for added convenience. The sellers have confirmed that they have extended the lease to 999 years.
Supporting documents to follow. Call now to arrange a viewing, don't miss out on this fantastic opportunity in Westoe Village!
ENTRANCE HALLWAY KITCHEN 4.39m (14'5) x 3.15m (10'4) BATHROOM 2.97m (9'9) x 1.55m (5'1) LOUNGE 6.02m (19'9) x 4.11m (13'6) BEDROOM ONE 4.57m (15'0) x 4.55m (14'11) BEDROOM TWO 3.3m (10'10) x 2.18m (7'2) COMMUNAL GROUNDS GARAGE 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 3EB 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: B 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: E
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 Derwent Lodge, Westoe Village, South Shields
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