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Collingwood Mansions, North Shields

North East

£185,000
Listed on 01/12/2025

Property Details

Bedrooms
2
Type
Flat

Description

This first-floor apartment, part of a distinguished listed building, presents a unique opportunity to invest in a property with charming river views. The apartment is accessible through an elegantly maintained communal entrance and features a spacious private hallway with useful storage options and a conveniently placed WC. The open-plan living area stands out, featuring a raised dining section and a kitchen equipped with wall and base units along with an integrated oven and hob. Georgian-style sash windows allow for plenty of natural light while providing splendid views across the River Tyne. Comprising two generously sized double bedrooms, each boasting its own en-suite bathroom, this property offers ample space for comfortable living. The main bedroom benefits from dual aspects and a Juliet balcony that enhances the overall brightness of the room. Additional features include underground parking with an assigned bay and a secure entry phone system, all nestled within the character-rich environment of Georgian architecture. Situated in the desirable Quayside area, the apartment is ideally located just moments away from North Shields Fish Quay's vibrant cafes, bars, and restaurants, as well as excellent transport links including bus routes and the Metro service. Additionally, Tynemouth Long Sands Beach is easily accessible for those who enjoy coastal outings. Although the property requires some updating, it represents an excellent chance for prospective owners to inject their personal style into the living space.

Investment Analysis

(NE29 area)
Area Average
£202/sq ft
Avg Rent (weekly)
£182
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NE29)

Area prices are rising by +3.5% over the last 12 months
3 year growth: 11.8%
5 year growth: 41.8%
Investment Disclaimer: Analysis based on NE29 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Collingwood Mansions, North Shields
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£678
Based on a loan of £138,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE