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2 Bed Flat, Refurb/BRRR, North Shields, NE29 7AS £45,000

Elsdon Terrace, North Shields, NE29 7AS - 1 views - 5 months ago
  1. Deal Search
  2. North Shields
  3. NE29
  4. NE29 7AS
Sold STC
Leasehold
Auction
Refurb/BRRR
ROI: 6%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in North Shields
  • More Deals in NE29
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in North Shields
  • More Refurb/BRRR Deals in NE29

Property History

Price changed to £45,000

October 26, 2025

Price changed to £50,000

August 15, 2025

Listed for £54,000

July 14, 2025

Floor Plans

Description

  • For Sale by Modern Auction +
  • T & C’s Apply +
  • Subject to Reserve Price +
  • Buyers Fees Apply +
  • Ground Floor +
  • Two Bedrooms +
  • Investment Opportunity +
  • Short Lease +
  • Council Tax Band A +
  • Call For More Information +

Video Tour on our YouTube Channel |

For sale by Modern Method of Auction: Starting Bid Price £54,000 plus Reservation Fee.
This property is for sale by The Great North Property Auction Property Auction powered by iam-sold.

Situated on the sought-after Elsdon Terrace in North Shields, this two-bedroom ground floor flat is an ideal purchase for first-time buyers, downsizers, or buy-to-let investors.

The accommodation is in need of updating and is made up of an entrance lobby, hallway, main double bedroom, lounge with storage, bedroom two, kitchen with fitted wall and floor units and access to the rear and a bathroom WC. Further benefits include gas central heating and double glazing.

Rental Potential: With an estimated rental value of £550–£650 per calendar month, this flat offers a strong return for prospective landlords.

This location offers easy access to an outstanding array of local amenities, including vibrant cafes, stylish bars, and a diverse selection of restaurants. Excellent transport links and prime bus routes are just moments away, ensuring seamless connectivity. For those who enjoy coastal living, King Edward’s Bay and the beautiful Tynemouth Long Sands Beach are only a short commute away, along with the charming and historic Fish Quay. The area is also well-served by highly regarded schools, making it an ideal choice for growing families.

Early viewing is highly recommended to appreciate the space and potential this flat has to offer. for more information, please call our team on .

Tenure
The agent understands the property to be leasehold (there is a short lease remaining). However, this should be confirmed with a licenced legal representative.

Council Tax band *A*.

Lounge - 4.37 x 3.85 (14'4" x 12'7") -

Kitchen - 3.65 x 2.03 (11'11" x 6'7") -

Bedroom One - 4.38 x 3.95 (14'4" x 12'11") -

Bedroom Two - 4.37 x 2.13 (14'4" x 6'11") -

Agent Details

Jan Forster Estates, Tynemouth

0191 625 0776

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

This may not be accurate, please check manually.

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