2-bedroom house · NE33 4ER
Listing removedListed 98 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious 2 bedroom end terraced house ideally situated for South Shields town centre and attractive coastline.
Neutrally decorated and in ready to move into order the property comprises entrance lobby, good sized lounge and dining room, attractive fitted kitchen, first floor landing, double and single bedroom and modern shower room.
Externally there is a yard to the rear with up and over door. Available part furnished. Rent £650 PCM. Holding deposit £150. Deposit £650, maximum deposit £750 (equal to 5 weeks rent).
Initial contract statutory periodic. Council tax band A. EPC organised. Mains electric, gas, water & sewerage. Ultrafast broadband available.
Mobile coverage Three 86%, EE 81%, O2 80% and Vodaphone 77%. Room sizes Lounge: 4.27m x 3.91m Dining room: 4.27m x 3.09m Kitchen: 2.67m x 2.38m Bedroom 1: 4.22m x 3.91m Bedroom 2: 2.24m x 3.32m
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 West Stainton Street
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