4-bedroom house · NE29 0BW
Listing removedReduced £40k (−7.4%) on 21 JunListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
There is an immediate sense of scale and character here with high ceilings, detailed panelling, generous proportions, and a layout that unfolds across four levels with real presence.
From the moment you step inside, the house feels composed, atmospheric and unmistakably individual.
The hallway sets the tone beautifully, finished with William Morris wallpaper that elevates the transition between floors and gives the home a distinctive, design-led feel.
To the front sits the principal living room, a richly styled reception with strong proportions and a wonderful sense of depth.
High ceilings and period detail create a room that feels both impressive and inviting. To the rear, the dining room is every bit as impactful.
Generous in scale and beautifully presented, this is a true entertaining space, large enough for substantial gatherings yet intimate enough for everyday use.
The proportions allow for flexibility too, whether formal dining, a second sitting room, or a more relaxed family space. It is a room with real presence.
The lower level adds another dimension to the house. The kitchen is full of character, finished with slate flooring and arranged to offer excellent workspace and storage.
Beyond, the basement lounge provides a completely separate atmosphere, a versatile reception room. A bathroom at this level adds practicality and flexibility.
Two beautifully sized double bedrooms occupy this floor, both generous in scale and filled with natural light.
The bathroom is a standout space, elegant and timeless, featuring a statement bath, separate shower and panelling that enhances the home’s period character.
The top floor delivers impressive additional accommodation.
The principal room on this level feels almost suite-like in scale, while a further double bedroom offers flexibility for guests, workspace or dressing room use.
This is a home of genuine stature, layered accommodation across four floors, bold interior styling and original character that hasn’t been diluted.
It offers scale, flexibility and a finish that feels deliberate and premium throughout. Freehold. EPC: Tbc, Council Tax Band: B. Gas, Electric, Water, Heating, Drainage: Mains Connected.
Broadband: Fibre to Premises., Mobile Phone Blackspot: No Mining: The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property if any
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
Agent & docs
FAQ
About 2, Lovaine Place, North Shields
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