1-bedroom flat · NE29 8JL
Listing removedListed 498 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented one bedroom first floor flat situated within a popular residential area of North Shields.
Close to all local amenities and transportation links providing ease of access to other nearby towns, the coast and Newcastle's city centre.
Benefiting from gas central heating and double glazing, the property briefly comprises: Entrance hallway, living room, bedroom, kitchen and bathroom.
Externally the property offers a private rear garden on the corner. The property represents an excellent choice for purchaser in this price range.
This property is for investors only as has tenant in situ.
Living Room (5 x 3.69 (16'4" x 12'1")) Kitchen (3.71 x 1.9 (12'2" x 6'2")) Bedroom One (3.83 x 2.76 (12'6" x 9'0")) Bathroom (1.67 x 1.88 (5'5" x 6'2")) Council Tax Band: A Tenure: Leasehold - 119 years remaining Service charge and ground rent applicable
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 12, Netherton Grove, North Shields
Explore nearby
.png){kind=logo}
