2-bedroom flat · NE29 6PG
Let agreedReduced £55 (−8.5%) on 21 AugListed 85 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Trading places welcome to the market this two bedroom maisionette. Located in this purpose built block in Botham House of St Johns Green in North Shields.
The property is located close to local shopping facilities and has easy access to transport links, Close to the A19 and Tyne Tunnel for North and South of the Tyne.
Briefly comprising of: Communal Entrance, entrance hallway, kitchen, lounge, stairs to first floor, two double bedrooms and a bathroom/WC. Externally there is allocated parking to the rear.
Viewings are by appointment and can be arranged through Trading Places on . Available on an Unfurnished Basis.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About 9, Botham House, North Shields
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