Summary - Flat E, 6 Saville Street West, NORTH SHIELDS NE29 6QU
3 bed 1 bath Apartment
Compact investment flat with refurbishment potential and strong transport links.
- Three-bedroom first-floor flat, approximately 722 sq ft
- Town centre location, walking distance to Metro and shops
- Vacant possession, sold at online auction (10-11 Nov)
- Needs refurbishment and redecoration throughout
- Electric storage heating; electricity is main fuel source
- Leasehold sale; £3,600 administration fee on exchange
- Area records very high crime and very high deprivation
- Double glazing fitted post-2002; compact layout for rental yield
A three-bedroom first-floor flat in North Shields town centre, offered vacant and sold via online auction. The apartment extends to about 67 m² (722 sq ft) and sits above ground-floor commercial premises, giving immediate access to shops, buses and North Shields Metro station — a genuine convenience for lettings or a quick resale.
The property has core value drivers for investors: town-centre location, good public transport links, double glazing, and a compact layout that could deliver strong rental yield once refurbished. The accommodation includes an open-plan living/kitchen, three bedrooms and a bathroom; the flat is currently in need of redecoration and improvement to reach market rental standards.
Buyers must factor in several material negatives. The area records very high crime and very high deprivation, which will affect tenant demand and rental levels. The building uses electric storage heating and electricity as the main fuel; heating costs and tenant appeal may be impacted. The sale is leasehold and includes an administration fee of £3,600 payable on exchange — check the legal pack for additional disbursements.
This lot suits investors and hands-on buyers prepared to carry out refurbishment and manage letting risks. Bids are via online auction (commencing 10 November at 1pm, ending 11 November at 1pm); buyers should review the legal pack and cost allowances before bidding.
3 bedroom apartment for sale in 6.b Saville Street West, North Shields, Tyne and Wear NE29 6QU, NE29 — £42,500 • 3 bed • 1 bath • 722 ft²
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