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For saleReduced 8 Oct 2026
£75,000

Alnwick House, Mindrum Terrace, Percy Main, North Shields, NE29 7BX

2bedrooms
2bathrooms
Apartmenttype
683sq ft
Leaseholdtenure

Listed 23 Mar 2026 · price reduced 8 Oct 2026 · North Shields

How the price compares

This home£75,000£110 per sq ft
Median 2 bed in NE29£130k81 homes listed · £199 per sq ft
Difference-42%below the area median

About this home

* INVESTMENT OPPORTUNITY* TENANTED AT £595PCM * NORTH SHIELDS NE29 * SECOND FLOOR FLAT * TWO BEDROOM * TWO BATHROOMS * PURPOSE BUILT APARTMENT * ALLOCATED PARKING * EPC RATING C * COUNCIL TAX BAND A *

Currently, tenanted, generating a steady income of £595 per calendar month, making it an attractive option for investors looking to expand their portfolio. The existing tenant adds immediate value, allowing for a seamless transition for any prospective buyer.

Welcome to this charming two-bedroom purpose-built flat located on Mindrum Terrace in the vibrant area of North Shields. This delightful apartment offers a perfect blend of comfort and convenience, making it an ideal choice for first-time buyers, small families, or investors looking to expand their portfolio.

Upon entering the flat, you will find a spacious reception room that provides a warm and inviting atmosphere, perfect for relaxing or entertaining guests. The well-designed layout ensures that the living space is both functional and appealing. The two bedrooms are generously sized, offering ample space for rest and relaxation, while the bathroom is conveniently located to serve both bedrooms.

The flat is situated in a well-maintained building, costing £1300 per annum service charge, including buildings insurance.

The nearby coastline offers beautiful views and opportunities for leisurely walks, while excellent transport links make commuting to nearby cities a breeze.

This property presents a fantastic opportunity for those seeking a modern and comfortable living space in a desirable location. Whether you are looking to make it your home or add to your investment portfolio, this flat on Mindrum Terrace is not to be missed. We invite you to arrange a viewing.

Bedroom - 21'4" x 9'2" - This first bedroom is a spacious and bright room featuring a large window that fills the space with natural light. The room offers ample space for a bed and additional furniture, with a neutral carpeted floor that adds warmth to the room.

Bedroom 2 - 13'8" x 6'6" - The second bedroom is narrower but practical, featuring a window at the far end providing natural light. It is carpeted in grey and offers a simple, functional space suitable for a single bed or a study area.

Kitchen / Living Area - 23'6" x 9'0" - The kitchen and living area form a combined, open-plan space that stretches the length of the property. The kitchen is fitted with wooden cabinets and a black countertop, equipped with essential appliances including an oven and washing machine. This space flows naturally into the living area which is carpeted and features a large window, creating a bright and inviting room that is perfect for both cooking and relaxing.

Bathroom - 6'5" x 5'10" - This bathroom is neatly tiled with a white and black border design, featuring a traditional bathtub with an overhead shower, a toilet, and a sink. The neutral décor and practical fittings make this a functional room.

Ensuite - 6'6" x 8'8" - The second bathroom offers a compact but efficient space, with a corner shower enclosure, a toilet, and a pedestal sink. It is tiled similarly to the other bathroom.

Entry - 4'4" x 5'9" - The entryway is a small, practical space with a simple coat rack and a carpeted floor. It offers sufficient room for shoes and outerwear storage.

Hallway - 10'8" x 3'11" - The hallways connecting the main rooms are carpeted with simple white walls and doors leading to the bedrooms, bathrooms, and kitchen/living area. These spaces provide smooth access throughout the home.

Hallway 2 - 7'1" x 3'5" - A smaller hallway leads to the bedrooms and bathrooms, maintaining the same carpeted flooring and white walls as the rest of the home, creating a consistent and practical layout.

Property details

Property type
Apartment
Size
683 sq ft / 63 sq m
Council tax band
A
Tenure
Leasehold
Lease remaining
826 years left
Parking
Communal

Floorplan

Floor Plan

Location

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  • Percy Main Metro Station0.3 mi
  • Meadow Well Metro Station0.5 mi
  • Howdon Metro Station0.8 mi

What nearby homes sold for

Median sold prices in NE29 over the last 12 months: terraced £205k · semi-detached £214k · flat £135k · detached £380k.

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in NE29

Buying costs

Monthly repayment£375£7,500 deposit · £67,500 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Hunters Sunderland, Sunderland on Rightmove (original listing). First listed 23 Mar 2026; details checked 7 Nov 2026. Latest change: reduced on 08/10/2026.

Agent disclaimer

Disclaimer - Property reference 34552391. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hunters Sunderland, Sunderland. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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