3-bedroom flat
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on an end of terrace, this superb Upper Flat has surprisingly large accommodation currently configured as three bedrooms with a lounge diner across the rear.
There is scope to convert to four bedrooms if required to enhance the rental potential of the home, but the space that is on offer makes for an excellent opportunity.
Benefits include a white kitchen, a good sized bathroom with shower over the bath, double glazing, gas central heating via a replaced boiler, renewed kitchen and bathroom flat roof, a long lease and No Onward Chain.
A great first time buy or super rental investment for any portfolio. Viewing a must to fully appreciate.
Entrance Hall Through to stairs up to the first floor landing with radiator Lounge Dining Room (3.85 x 3.76 and 3.09 x 2.05 (12'7" x 12'4" and 10') Set across the rear of the home having a fire surround with marble hearth and back, laminate floor and two radiators.
The dining area could be subdivided to provide a fourth bedroom if required Kitchen (3.20 x 2.67 (10'5" x 8'9")) Fitted with wall and base units with work surfaces housing a sink unit, gas hob with filter hood over and oven under, tiled splash backs and a radiator Utility Hall Plumbed for a washer, stairs down to the yard Bathroom (2.65 x 2.00 (8'8" x 6'6")) Bath with mixer shower over, wash basin and WC, part clad walls and a radiator Bedroom 1 (4.30 x 4.00 (14'1" x 13'1")) Bay window, coving and dado rails, radiator Bedroom 2 (2.98 x 2.86 (9'9" x 9'4")) A double bedroom with radiator Bedroom 3 (4.00 x 2.95 max (13'1" x 9'8" max)) A single bedroom with built in storage cupboard, radiator External Shared rear yard area with right of access over to the rear.
Note Long Leasehold Title 999 years from 1908, Council Tax Band A, Mains Services Connected, Flood Risk very low. Broadband Basic 3 Mbps, Superfast 80 Mbps, Ultrafast 1000 Mbps.
Satellite/Fibre Tv Availability BT, Sky and Virgin, Mobile Coverage O2 and Vodafone likely, EE and Three limited
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
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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.
Area
Agent & docs
FAQ
About Alnwick Road, South Shields
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