2 bed flat for sale Alnwick House, Mindrum Terrace, Percy Main, North Shields

2 beds 2 baths Flat

Leasehold

Added on 16/09/2026

About this property

* INVESTMENT OPPORTUNITY* TENANTED AT £595PCM * NORTH SHIELDS NE29 * FIRST FLOOR FLAT * TWO BEDROOM * TWO BATHROOMS * PURPOSE BUILT APARTMENT * ALLOCATED PARKING * EPC RATING B * 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.

Floorplan

Location

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

Open map Street View

Council tax: Band A (Approx £1,641/year)

Mortgage and stamp duty

Property price £85,000

£43k £128k

Deposit11% £9,000

£0 £85k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £76,000 mortgage. Most lenders would want a household income of about £17,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in NE29 7BX. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
10, Alnwick House, Mindrum Terrace Flat / maisonette	Flat / maisonette	Jun 2022	861 sq ft £95/sq ft	861 sq ft	£95	£82,000
7, Alnwick House, Mindrum Terrace Flat / maisonette	Flat / maisonette	Apr 2022	753 sq ft £82/sq ft	753 sq ft	£82	£62,000
10, Alnwick House, Mindrum Terrace Flat / maisonette	Flat / maisonette	Jun 2020	861 sq ft £84/sq ft	861 sq ft	£84	£72,500
18, Alnwick House, Mindrum Terrace Flat / maisonette	Flat / maisonette	Apr 2017	818 sq ft £86/sq ft	818 sq ft	£86	£70,000
2, Alnwick House, Mindrum Terrace Flat / maisonette	Flat / maisonette	Dec 2016	700 sq ft £100/sq ft	700 sq ft	£100	£70,000
6, Alnwick House, Mindrum Terrace Flat / maisonette	Flat / maisonette	Mar 2016	753 sq ft £70/sq ft	753 sq ft	£70	£53,000
2, Alnwick House, Mindrum Terrace Flat / maisonette	Flat / maisonette	Oct 2012	700 sq ft £74/sq ft	700 sq ft	£74	£51,500
6, Alnwick House, Mindrum Terrace Flat / maisonette	Flat / maisonette	Dec 2010	753 sq ft £92/sq ft	753 sq ft	£92	£69,000