NE29 9QB - 1 bedroom flat for sale in Preston Gate, North Shields, NE29

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1 bedroom flat for sale in Preston Gate, North Shields, NE29

Summary - 11 PRESTON GATE NORTH SHIELDS NE29 9QB

1 bed 1 bath Flat

One-bedroom upper-floor flat, circa 503 sq ft
Long lease (947 years) — secure tenure
On-site parking plus nearby single garage included
Service charge c. £1,800 per year
Dated interior; cosmetic updating recommended
Electric room heaters only — potentially higher bills
High local crime rates; area classified as deprived
Fast broadband and excellent mobile signal
This one-bedroom upper-floor flat offers an affordable entry into North Shields with a long lease and practical living space. At about 503 sq ft, the layout includes a roomy living room, a double bedroom with fitted wardrobes, a sizeable shower room, and a kitchen with integrated hob and oven. On-site parking plus a nearby single garage add useful vehicle storage.

The building dates from the late 1960s and presents a solid, mid‑century brick exterior with large windows and communal lawn. Internally the flat is dated in places (carpet, fittings and an artificial fireplace) and will reward cosmetic updating. Heating is by electric room heaters and the main fuel is electricity, so running costs may be higher than gas-heated homes.

Practical positives include an exceptionally long lease (947 years), fast broadband, excellent mobile signal and no flood risk. Service charges average £1,800 per year and the local area records higher crime levels and broader area deprivation; these are important for buyers considering security and long‑term resale or rental prospects.

This property suits a first-time buyer seeking a low-price foothold in a well-connected area, or an investor targeting straightforward rental demand. Cosmetic refurbishment and modern heating would improve comfort and marketability, while the garage and parking provide added rental/owner convenience.

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