3-bedroom terraced house · NE29 9EA
Listing removedReduced £35k (−12.7%) on 20 MayListed 218 days
Opportunity summary
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About
WELL PROPORTIONED THREE BEDROOM MID TERRACED PROPERTY WITH PITCHED ROOF AND A GARAGE SITUATED WITHIN A CUL-DE-SAC IN PRESTON GRANGE NORTH SHIELDS We are delighted to bring to the market this well presented three bedroom terraced property situated within this popular residential area in Preston Grange.
Boasting a newly fitted stylish kitchen, open plan living, modern shower room, garage and private garden. Briefly comprising: Entrance directly to the kitchen, beautifully presented and newly fitted.
There are stylish wall and base units with quartz worktops and a peninsular providing storage as well as seating.
Integrated appliances include a Bosch microwave and oven, AEG induction hob, extractor hood, dishwasher, fridge, freezer and plumbing for a washing machine. There is a separate W.C.
This open plan space offers an area for a dining table flowing through to a well proportioned living room.
This extended room has a fireplace housing a gas fire and double doors offering access out to the rear garden. To the first floor landing are built in cupboards providing additional storage.
There are three bedrooms and shower room. Two of the bedrooms are good sized doubles and the modern shower room comprises a large walk in shower, hand basin, W.C. and heated towel rail.
Externally to the rear is a private garden, laid to lawn with a patio area. To the front is a paved town garden.
Preston Grange North Shields is a sought after residential area and has great road, rail links and bus routes to Newcastle City centre and surrounding towns.
North Shields has a good array of local amenities and local shops, a short car ride you can make the most of the regenerated Fish Quay and Tynemouth Village both offering a great selection of restaurants and cafes.
Highly regarded schooling is nearby. Entrance - Kitchen/Diner/Lounge - 10.40m x 5.09m (34'1" x 16'8") - W.C.
- Bedroom One - 3.62m x 2.89m (11'10" x 9'5") - Bedroom Two - 3.21m x 3.07m (10'6" x 10'0") - Bedroom Three - 3.21m x 1.93m (10'6" x 6'3") - Shower Room - 3.57m x 1.51m (11'8" x 4'11") - Externally - Externally to the rear is a private garden, laid to lawn with a patio area.
To the front is a paved town garden. 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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FAQ
About Sidlaw Avenue, Preston Grange
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