How much is Charles Street, Boldon Colliery?

The starting price is £47,000.

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Charles Street, Boldon Colliery

2-bedroom flat

581 sq ft1 bath

Starting price

£47,000

Auction: 28-day completionTenanted

For saleListed 2 days

Tenanted

Investor metrics

Opportunity summary

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About

The property

Our latest listing is a 2-bedroom flat located in Boldon. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and currently has a tenant in situ.

This property features spacious rooms, 2 bedrooms, a three-piece bathroom, and a well-equipped kitchen.

For investors looking to expand their portfolio, this is a fantastic opportunity and it is likely to attract enquiries from serious investors.

Investment details The current gross annual rent agreed with the tenant is £5,400 and there are tenants currently situated.

Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

This is a perfect addition to any investment portfolio with great rental returns in a high demand area. Auction Details The seller is open to pre-auction offers.

Unless a pre-auction offer is accepted, the sale of this property will take place on our bi-weekly online auction (see dates on our website) and is being sold under the unconditional sale type with a standard 28 days completion.

Separate to a 10% deposit (£5,000 minimum) and our Buyers Premium there may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack.

You must read the Legal Pack carefully before bidding. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms.

Properties located in Scotland and Northern Ireland will be subject to applicable local laws. Please call us or enquire for the full legal pack and property information on this listing.

Tenanted

Key information

Price per sq ft

£81/sq ft

Based on 581 sq ft (54 sq m)

Floor area

581 sq ft (54 sq m)

Reception rooms

Council tax band

Band A

Estimated ~£1,200/year

Tenure

Leasehold

Local authority

South Tyneside

Metropolitan District

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Auction

What is it worth at the hammer?

Auction intelligence

Pro

See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below starting price

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BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

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.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated on auction lots — a guide price is a starting price, not an asking price.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market2 days

4/25

—

Seller motivation

Not scored yet

Days on market2

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £47,00023 Oct 2026

Still activeDay 2 on marketToday

Strategy fit

No strategy scores available yet.

Article 4No HMO Article 4 held

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.