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See how verdicts work2-bedroom terraced house · NE29 8HQ
Sold STCListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL PRESENTED TWO BEDROOM END TERRACED PROPERTY SITUATED WITHIN THIS RESIDENTIAL AREA IN NORTH SHIELDS - OFFERED WITH NO UPPER CHAIN Brannen and Partners welcome to the market this well presented two bedroom end terraced property situated within this residential area in North Shields.
Benefitting from two double bedrooms, two generous connecting reception spaces, contemporary kitchen and modern bathroom, the home is complete with a private south facing rear garden and driveway parking for two cars to the front.
Briefly comprising: Welcoming entrance hallway gives direct access to the principal rooms of the ground floor, with stairs leasing to the first floor and integral storage available.
Positioned to the front of the home, the ample living room provides a warm and neutral space to unwind.
Connecting to the dining space via double doors, a dual aspect can be enabled, flooding the area with natural light.
From the dining room, a door leads into the kitchen Contemporary in design, the kitchen presents white high gloss fitted wall, base and drawer units, with integral appliances including a gas hob, electric oven and integral storage, plus designated space for further appliances and doors providing access to the rear garden and back to the hallway.
Progressing to the first floor, the central landing allows access to the two double bedrooms and bathroom, as well as an integral storage cupboard.
The primary bedroom benefits from fitted mirrored sliding wardrobes. Finalising the home, the modern bathroom comprises a bath with shower over, hand basin, W.C. and heated towel rail.
Externally to the rear is a south facing private rear garden with artificial lawn, high walled boundary for privacy and an outbuilding for storage.
Whilst to the front is a double driveway providing off street parking.
North Shields offers a wide range of amenities, it is close to major road links providing ease of access to other local towns, the coast and Newcastle City Centre as well as good bus links.
North Shields Fish Quay is only a short drive away and has an extensive range of cafés and restaurants.
Tynemouth Village is also a short distance and offers an elite range of cafe's and restaurants as well as the award winning Longsands Beach.
Entrance Hallway - 1.83 x 4.36 (6'0" x 14'3") - Living Room - 3.44 x 3.69 (11'3" x 12'1") - Dining Room - 2.65 x 3.39 (8'8" x 11'1") - Kitchen - 2.62 x 2.68 (8'7" x 8'9") - Landing - 1.80 x 2.08 (5'10" x 6'9") - Bedroom One - 4.39 x 3.19 (14'4" x 10'5") - Bedroom Two - 2.69 x 3.91 (8'9" x 12'9") - Bathroom - 2.59 x 1.73 (8'5" x 5'8") - Rear Garden - Double Driveway - Tenure - Freehold
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 Greenlea, North Shields
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