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4 The Arcade, Tynemouth, North Shields NE30 4BS - Image 1
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4 The Arcade, Tynemouth, North Shields NE30 4BS

North East

£360,000

Listed on 26/05/2026

Property Details

Bedrooms
4
Type
Flat

Description

This four-bedroom penthouse apartment, located in a charming historic building, presents an appealing opportunity for both investors and potential homeowners. While currently in reasonable decorative order, the property offers significant scope for modernization and refurbishment to enhance its value further. The addition of a roof terrace adds an attractive outdoor space that could be transformed into a private oasis. Ideally situated within easy reach of North Shields and Newcastle's amenities, as well as recreational spots like Prior's Park and Long Sand's Beach, this apartment is poised for investment or personal customization. Its location on The Arcade provides convenient access to local shops and transport links including Tynemouth Metro and Newcastle National Rail, making it an excellent choice for those seeking both lifestyle and investment potential.

Investment Analysis

(NE30 area)
Area Average
£275/sq ft
Avg Rent (weekly)
£242
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NE30)

Area prices are falling by -7.6% over the last 12 months
3 year growth: +3.9%
5 year growth: +12.1%
Investment Disclaimer: Analysis based on NE30 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

4 The Arcade, Tynemouth, North Shields NE30 4BS
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,284
Based on a loan of £270,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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