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See how verdicts work2-bedroom flat · NE30 2HL
Sold STCListed 115 days
Opportunity summary
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About
ELEGANT TWO BEDROOM GROUND FLOOR FLAT IN HIGHLY DESIRABLE LOCATION, JUST A STONES THROW FROM THE TYNEMOUTH AND NORTH SHIELDS BORDER Brannen & Partners are delighted to present this beautifully appointed two-bedroom ground floor flat, ideally situated on the highly desirable Park Crescent in North Shields.
Perfectly positioned within walking distance of Northumberland Park and Tynemouth Golf Club, this exceptional home combines timeless period charm with generous living spaces!
Boasting an abundance of original character, the property features impressive high ceilings, elegant period detailing and well-proportioned rooms throughout, creating a wonderful sense of space and light.
Externally, the home benefits from a rear yard and an attractive front town garden, offering appealing outdoor areas to enjoy.
Briefly comprising: An entrance porch opens into a spacious and welcoming reception hallway, providing access to all principal rooms.
A useful understairs storage cupboard discreetly houses the washing machine and fridge, maximising practicality.
To the front of the property is an impressive bay-fronted reception room, currently utilised as a comfortable lounge but equally well suited as a substantial principal bedroom.
Flooded with natural light and enjoying pleasant views across the private town garden, this elegant room showcases a wealth of character, including a decorative fireplace, attractive alcoves, ornate coving and a beautiful ceiling rose.
The second bedroom is another generously proportioned double, overlooking the rear courtyard and offering a peaceful retreat.
At the heart of the home is a well-presented living and dining room, featuring a side facing window and a useful built-in storage cupboard, creating an ideal space for both everyday living and entertaining.
The adjoining kitchen is fitted with a range of wall and base units incorporating a gas hob, oven and extractor hood, together with space for an under-counter fridge.
A large window to the rear provides ample natural light. An inner hallway leads to the stylish bathroom and also provides direct access to the rear courtyard.
The contemporary bathroom is fitted with a WC, wash hand basin and bath with overhead shower, complemented by a heated towel rail and a rear-facing window allowing for natural ventilation and light.
Externally, the property continues to impress with an enclosed rear courtyard, perfect for outdoor dining or relaxing, while the attractive front town garden offers an additional outdoor space to enjoy throughout the warmer months.
Ideally situated on the highly sought-after Park Crescent, this property is within easy walking distance of Tynemouth Village and the beautiful coastline.
A superb selection of independent shops, cafés, bars and restaurants can be found in both Tynemouth and North Shields, including the vibrant Fish Quay with its acclaimed dining scene.
Excellent local amenities, well-regarded schools and convenient transport links are all close at hand, with North Shields and Tynemouth Metro stations providing easy access to Newcastle City centre and the surrounding areas.
The award-winning Long Sands Beach, Tynemouth Priory and Castle and Tynemouth Golf Club are all just a short stroll away, making this an exceptional location for those seeking a lifestyle that combines coastal living with everyday convenience.
Entrance - 1.80 x 0.95 (5'10" x 3'1") - Hallway - 7.40 x 0.96 (24'3" x 3'1") - Bedroom - 5.55 x 3.75 (18'2" x 12'3") - Bedroom - 4.52 x 3.75 (14'9" x 12'3") - Living Room - 4.23 x 3.07 (13'10" x 10'0") - Kitchen - 3.06 x 2.96 (10'0" x 9'8") - Inner Hallway - 1.04 x 0.88 (3'4" x 2'10") - Bathroom - 2.30 x 1.86 (7'6" x 6'1") - Rear Yard - Town Front Garden - Tenure - Leasehold Date : 30 September 2019 Term : 999 years from 1 October 1987
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
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