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See how verdicts work2-bedroom bungalow · NE29 0RY
Sold STCReduced £40k (−20%) on 26 OctListed 284 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TWO BEDROOM SEMI DETACHED BUNGALOW IN NEED OF REFURBISHMENT SITUATED WITHIN THIS POPULAR LOCATION Brannen & Partners welcome to the market this well proportioned two bedroom semi detached bungalow, in this highly popular location.
Whilst in need of some modernising, this property shows great potential and offers good sized accommodation, private gardens and gated driveway parking.
Briefly comprising: Entrance hallway leads to all rooms, housing an integral storage cupboard.
Situated to the front of the property, the ample living space houses a bay window and feature fireplace incorporating a gas fire.
The second bedroom sits across the hallway, whilst the principal bedroom is positioned to the rear, overlooking the rear garden.
To the centre of the home, the thoughtfully designed bathroom is furnished with a pedestal wash basin, walk in shower and WC.
Finalising the property, the kitchen is located to the rear, with an open plan layout connecting to the dining space.
Equipped with a variety of wall, base and drawer units, the kitchen houses an integral double oven, hob and storage cupboard, in addition to under counter space for appliances.
Externally to the rear, is a well maintained garden secured with fenced boundary, and to the front a small garden, aside a gated single driveway.
Located within a sought after residential estate in North Shields, this property is within walking distance to good local schools, amenities and transport links to the City Centre and other coastal towns.
Tynemouth Village is also within easy reach offering a good selection of local shops and restaurants, as well as the award winning Long Sands beach.
Hallway - 4.29 x 0.97 (14'0" x 3'2") - Living Room - 4.09 x 3.67 (13'5" x 12'0") - Bedroom One - 3.33 x 2.94 (10'11" x 9'7") - Bedroom Two - 2.58 x 2.50 (8'5" x 8'2") - Bathroom - 2.32 x 2.46 (7'7" x 8'0") - Kitchen - 2.42 x 3.41 (7'11" x 11'2") - Dining Room - 2.37 x 2.96 (7'9" x 9'8") - Porch - 0.81 x 0.86 (2'7" x 2'9") - Front & Rear Gardens - 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.
Area
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FAQ
About Tudor Avenue, North Shields
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