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See how verdicts work3-bedroom terraced house · NE30 2EG
Sold STCListed 239 days
Opportunity summary
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About
NEWLY REFURBISHED, BEAUTIFULLY DESIGNED THREE BEDROOM END TERRACE PROPERTY, WITH FRONT TERRACE AND REAR YARD COMMUNAL AREA OFFERED WITH NO UPPER CHAIN Brannen & Partners are thrilled to welcome to the market this striking and stylish three bedroom end terrace house which has undergone a substantial refurbishment, situated within this popular area in North Shields.
The property benefits from quality fixtures and fittings throughout whilst maintaining some of the original features, offering a calm and serene space to call home.
Briefly comprising: Entrance vestibule leading into the bright and spacious open-plan living accommodation with dual aspect windows providing light to flood this beautiful and calm space.
The living area has high ceilings and a feature fireplace offering a wonderful space to unwind. A breakfast bar separates the lounge area flowing in to the kitchen.
The beautifully renovated kitchen provides ample storage being fully modernised with quality fixtures and fittings, integrated oven, hob, extractor, dishwasher and fridge/freezer.
A large window allows light to flood this perfect social space with plenty of room for dining and entertaining.
Leading on from the kitchen is a handy utility room with a range of wall and base units, space for a washing machine and dryer.
From the front entrance vestibule are stairs up to the first floor, where you will find three good sized bedrooms and a stylish bathroom. The main bedroom is front facing with dual aspect windows.
The bathroom boasts a high quality finish comprising a bath, shower over, basin and W.C on trend brushed gold hardware.
At the front of the property the south facing terrace has been partially decked and creates a perfect space to enjoy the sun all day.
In addition to the sunny front terrace is the added benefit of a communal rear courtyard shared with the two flats next door, it is a well maintained beautiful area which also gives access to the rear lane.
North Shields offers a wide range of amenities. It is close to major road links providing ease of access to other local towns, the coast and Newcastle City centre as well as good bus and metro links.
The property is a short walk in to Tynemouth Village which offers a good range of shops, cafés and restaurants as well as the award winning Long Sands Beach.
Tynemouth Golf Club is a few minutes walk away as is the newly regenerated Northumberland Park ideal for pleasant walks.
Entrance Hallway - Living Area/Kitchen - 8.62m x 4.06m (28'3" x 13'3") - Utility - 2.89m x 1.82m (9'5" x 5'11") - Bedroom One - 4.21m x 3.84m (13'9" x 12'7") - Bedroom Two - 3.02m x 2.85m (9'10" x 9'4") - Bedroom Three - 3.14m x 2.46m (10'3" x 8'0") - Bathroom - 3.02m x 1.80m (9'10" x 5'10") - Externally - At the front of the property the south facing terrace has been decked and creates a perfect space to enjoy the sun all day.
In addition to the sunny front terrace is the added benefit of a communal rear courtyard shared with the two flats next door, it is a well maintained beautiful area which also gives access to the rear lane.
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 Grey Street, North Shields
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