We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · NE29 7HY
Sold STCListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Space, privacy and your own gardens – discover a three-bedroom ground floor flat that offers so much more than expected.
With generous proportions throughout, a substantial lounge opening onto the rear garden and private outdoor space to both the front and rear, this is a fantastic opportunity for a buyer looking for a spacious home with room to make it their own.
The property is accessed via a central entrance hallway, providing access to the accommodation.
The fitted kitchen is positioned towards the front of the property and features a range of wall and base units, work surfaces, tiled splashbacks and cooking facilities, together with a large window allowing plenty of natural light into the room.
The impressive lounge is a particularly generous reception space, offering ample room for both comfortable seating and dining furniture.
Large patio doors provide direct access to the rear garden, creating a lovely connection between the living space and outside. A feature fireplace adds character to the room.
There are three well-proportioned bedrooms, providing excellent flexibility for families, couples, guests or those requiring additional space to work from home.
The principal bedroom is particularly spacious and benefits from a large bay-style window, while the additional bedrooms provide useful and versatile accommodation.
The property benefits from a separate wet room, fitted with a shower and wash hand basin, alongside a separate WC for added convenience.
Externally, the property benefits from private gardens to both the front and rear.
The rear garden features a paved patio area together with a further lawned and planted section, offering plenty of scope for landscaping and creating an attractive outdoor space.
The front garden provides additional private outside space.
The property would benefit from some updating and offers an excellent opportunity for a purchaser to modernise and personalise the accommodation to suit their own requirements, however the property has very recently being completely repointed and had the wall ties changed.
With its generous three-bedroom layout, substantial lounge, ground floor position and private gardens, this is a property offering considerably more space and outdoor accommodation than many flats and is well worth viewing to appreciate the potential on offer.
Tenure: Leasehold - 125 years from 1992. Ground Rent - £10 Per Annum EPC: C Council Tax: A Material Information: This property is built to standard construction.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view WC 0.80m x 1.27m Hallway Kitchen 3.02m x 3.45m Bathroom 1.45m x 1.50m Cupboard Lounge 3.57m x 4.90m Entrance Hall Bedroom 1 3.70m x 3.95m Bedroom 2 2.75m x 3.84m Bedroom 3 2.24m x 3.79m
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 Balkwell Green, North Shields, NE29 7HY
Explore nearby