Worst House on the Street Logo
Burdon Main Row, North Shields, North Tyneside - Image 1
Burdon Main Row, North Shields, North Tyneside - Image 2
Burdon Main Row, North Shields, North Tyneside - Image 3
Burdon Main Row, North Shields, North Tyneside - Image 4
Burdon Main Row, North Shields, North Tyneside - Image 5
Burdon Main Row, North Shields, North Tyneside - Image 6
Burdon Main Row, North Shields, North Tyneside - Image 7
Burdon Main Row, North Shields, North Tyneside - Image 8
Burdon Main Row, North Shields, North Tyneside - Image 9
Burdon Main Row, North Shields, North Tyneside - Image 10
Burdon Main Row, North Shields, North Tyneside - Image 11

Burdon Main Row, North Shields, North Tyneside

North East

£400,000
Listed on 05/12/2022

Property Details

Bedrooms
N/A
Type
Detached house

Description

This distinctive property, originally established as a Public Inn in the early 20th Century, showcases notable architectural features such as Dutch gables and intricate brickwork. Currently recognized as a locally listed building by North Tyneside Council, the structure has not operated as a public house for several years and is in a state of disrepair. The property comes with approved planning permission for conversion into four three-storey townhouses. Each unit is designed to include open-plan ground floor living spaces that blend kitchen, dining, and lounge areas. The first floor is planned to accommodate two double bedrooms, featuring an ensuite for the master bedroom and a family bathroom. Furthermore, the top floor is poised for conversion to add a third bedroom with an ensuite bathroom and substantial terrace space. These terraces are positioned to offer impressive views toward the River Tyne and the ongoing Smiths Dock redevelopment. Located within a vibrant regeneration area in North Shields, this site offers significant investment potential. The nearby Smiths Dock project is set to transform into a modern residential community featuring luxury housing and waterfront living, promising to enhance the locale's appeal over the next decade. With its robust architectural character and strategic position amidst ongoing development efforts, this property represents an excellent opportunity for investors or developers looking to create either residential units or consider mixed-use options. Full details of the approved plans and supporting documentation can be accessed through the local planning department, providing transparency on the property's renovation prospects.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£400,000 - £600,000
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

Burdon Main Row, North Shields, North Tyneside
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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