5 Bed Detached House, Single Let, South Shields, NE34 0LH, £299,995

42 Strathmore Gardens, South Shields, Tyne And Wear, NE34 0LH - 1 views - a year ago

Leasehold
BTL
~178 m²
+14 photos

ValuationUndervalued

Sold Prices£162.5K - £1.9M
Sold Prices/m²£1.3K/m² - £7.2K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.7K/m²

Value Estimate

£359,994
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£74,999

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,698

 

 

Cash Out

 

Rent Range

£550 - £3,300

Rent Estimate

£568

Running Costs/mo

£1,071

Cashflow/mo

£-503

Cashflow/yr

£-6,037

Gross Yield

2%

Local Sold Prices

40 sold prices from £162.5K to £1.9M, average is £413.8K. £1.3K/m² to £7.2K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£900K01/230.7 mi136, Wenlock Road, South Shields, Tyne And Wear NE34 9AL5
£295K11/230.87 mi157, Stanhope Road, South Shields, Tyne And Wear NE33 4RU5
£440K10/230.9 mi151, King George Road, South Shields, Tyne And Wear NE34 0EU5
£222.5K02/211 mi20, Palmerston Street, South Shields, Tyne And Wear NE33 5LT5
£340K06/211.14 mi1, King George Road, South Shields, Tyne And Wear NE34 0SP5
£417.5K08/221.17 mi22, High Trees, South Shields, Tyne And Wear NE34 8EW5
£410K04/231.23 mi40, Langford Drive, Boldon Colliery, Tyne And Wear NE35 9LJ5
£383K12/201.23 mi58, Langford Drive, Boldon Colliery, Tyne And Wear NE35 9LJ5
£350K06/211.24 mi11, Sunniside Drive, South Shields, Tyne And Wear NE34 8DH5
£540K03/211.31 mi95, Cleadon Lea, Cleadon, Sunderland, Tyne And Wear SR6 7TG5
£280K11/231.32 mi28, Sunderland Road, South Shields, Tyne And Wear NE33 4UR5
£380K03/211.33 mi15, Berkeley Close, Boldon Colliery, Tyne And Wear NE35 9LQ5
£382.5K12/201.35 mi53, St Georges Avenue, South Shields, Tyne And Wear NE33 3EH5
£410K09/221.43 mi23, Langdale Way, East Boldon, Tyne And Wear NE36 0UG5
£595K03/211.44 mi1, The Close, Cleadon, Sunderland, Tyne And Wear SR6 7RG5
£675K03/221.48 mi16, Westoe Village, South Shields, Tyne And Wear NE33 3EB5
£495K10/211.49 mi77, Langdale Way, East Boldon, Tyne And Wear NE36 0UF5
£250K09/231.5 mi168, Westoe Road, South Shields, Tyne And Wear NE33 3PH5
£225K05/211.52 mi10, St Michaels Avenue, South Shields, Tyne And Wear NE33 3AN5
£222K05/231.53 mi11, Horsley Hill Road, South Shields, Tyne And Wear NE33 3ET5
£493.5K04/211.56 mi121, Whitburn Road, Cleadon, Sunderland, Tyne And Wear SR6 7QX5
£735K08/241.56 mi4, The Crescent, Cleadon, Sunderland, Tyne And Wear SR6 7QZ5
£215K08/211.56 mi21, Mowbray Road, South Shields, Tyne And Wear NE33 3DH5
£304.6K12/201.57 mi3, North Road, East Boldon, Tyne And Wear NE36 0DL5
£375K07/241.6 mi22, Cleadon Meadows, Cleadon, Sunderland, Tyne And Wear SR6 7PH5
£425K08/231.6 mi33, Cleadon Meadows, Cleadon, Sunderland, Tyne And Wear SR6 7PH5
£425K08/231.6 mi33, Cleadon Meadows, Cleadon, Sunderland, Tyne And Wear SR6 7PH5
£426K08/211.62 mi7, Yellow Leas Farm, East Boldon, Tyne And Wear NE36 0SL5
£426K08/211.62 mi7, Yellow Leas Farm, East Boldon, Tyne And Wear NE36 0SL5
£370K06/211.66 mi34, St Bedes, East Boldon, Tyne And Wear NE36 0LF5
£162.5K08/151.66 mi26, Southfield Road, South Shields, Tyne And Wear NE34 6HJ-
£280K07/241.67 mi60, Mowbray Road, South Shields, Tyne And Wear NE33 3AX5
£875K08/231.68 mi6, Sunniside Lane, Cleadon, Sunderland, Tyne And Wear SR6 7XB5
£407.5K05/241.68 mi12, St Bedes, East Boldon, Tyne And Wear NE36 0LE5
£930K06/211.73 mi43, Laburnum Grove, Cleadon, Sunderland, Tyne And Wear SR6 7RJ5
£568K09/231.73 miIdylwild, Dipe Lane, East Boldon, Tyne And Wear NE36 0PH5
£950K12/221.86 mi14, Whitburn Road, Cleadon, Sunderland, Tyne And Wear SR6 7QP5
£525K07/231.93 mi34, Broadlands, Cleadon, Sunderland, Tyne And Wear SR6 7RD5
£1.9M07/231.96 mi2, West Meadows Road, Sunderland, Tyne And Wear SR6 7TX5
£680K10/211.98 mi1a, Woodlands Road, Cleadon, Sunderland, Tyne And Wear SR6 7UA5

Local Rents

31 rents from £550/mo to £3.3K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£1,37502/250.05 mi-4
£77511/240.2 mi-3
£75005/240.21 miBoldon Lane, South Shields4
£77502/250.25 mi-3
£58502/240.28 mi-3
£65005/230.29 mi-3
£65005/230.29 mi-3
£80006/240.31 miWear Court, South Shields3
£75007/240.33 miWest Harton, South Shields, NE34 0BU3
£75007/240.33 miWest Harton, South Shields, NE34 0BU3
£79507/240.34 mi-3
£79506/240.34 miWadham Terrace, South Shields, NE343
£75004/240.34 mi-3
£75006/240.34 mi-3
£3,30003/250.37 mi-3
£72505/240.37 miWhiteleas Way, South Shields3
£83006/240.43 mi-3
£83005/240.43 miGerald Street, South Shields, NE343
£83006/240.43 miGerald Street, South Shields, NE343
£69511/230.47 mi-3
£60005/240.49 mi-3
£75003/250.51 mi-6
£55007/240.51 miStanhope Road, South Shields, Tyne and Wear, NE333
£80010/240.51 mi-3
£65004/250.51 mi-3
£62511/240.52 mi-3
£79506/240.53 miVine Street, South Shields3
£60006/240.54 miWest Park, South Shields, NE33 4RG3
£60007/240.54 miWest Park, South Shields, NE33 4RG3
£90002/250.54 mi-3
£67507/240.54 miVine Street, South Shields3

Local Area Statistics

Population in NE34

52,101

Population in South Shields

79,432

Town centre distance

1.06 miles away

Nearest school

0.30 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £299,995

November 16, 2023

Sold for £222,950

2006

Description

  • Five Bedroom Detached House +
  • Situated on a Spacious Plot +
  • Lounge & Dining Room +
  • Fully Equipped Fitted Kitchen/Breakfast Room +
  • Utility Room & Ground Floor Toilet +
  • Close to Local Amenities & Great For Transport Links +
  • Lawned Gardens to the Rear +
  • Driveway & Garage +
  • Early Viewing Urged +
  • Reference: 443493 +

Nestled in the sought after Strathmore Gardens, this Five Bedroom Detached House boasts an enviable location within the development, graced by a spacious plot. Situated off Boldon Lane, this residence enjoys proximity to a diverse array of local shops and amenities, with excellent transport connections including bus and metro links, and easy access to the A19. The well designed floor plan comprises of an Entrance Hall, leading to a Lounge flowing seamlessly into a Dining Room, and a modern, fully equipped Kitchen featuring Granite countertops. A convenient Utility room with a ground floor WC adds to the practicality. Upstairs, the Five Bedrooms include a principal Bedroom with an En-Suite Shower Room, all serviced by a Family Bathroom Suite. External highlights include well maintained lawned gardens at the rear, a driveway leading to an integral garage with electric roller shutter access, providing off-road parking for one car. This property stands as an ideal family home, urging early viewing to fully appreciate its merits.

HALLWAY
Composite door into hallway, under stairs storage cupboard, solid wood flooring. Door into Lounge and door into Kitchen Breakfast Room.
LOUNGE 5.79m (19'0) x 3.35m (11')
Solid wood flooring, double glazed window to the front, radiator. Feature fireplace with surround, coving to the ceiling. Opening into Dining Room.
DINING ROOM 3.23m (10'7) x 2.9m (9'6)
Solid wood flooring, radiator, coving to ceiling. Double glazed patio doors to the rear garden.
KITCHEN BREAKFAST ROOM 3.51m (11'6) x 2.97m (9'9)
Contemporary fitted kitchen with a range of wall and base units with contrasting granite work tops. Integrated oven and hob with over head steel extractor hood. Integrated dishwasher, integrated fridge/freezer. Double glazed window, stainless steel sink unit with mixer tap, part tiling to walls, tiling to floor, radiator, coving to ceiling and spotlights to ceiling.

UTILITY 1.68m (5'6) x 1.8m (5'11)
Sink, plumbing for automatic washing machine, space for tumble dryer, solid wood flooring, part tiling to walls. Door to the rear.
GROUND FLOOR TOILET
Low flush toilet, radiator, wash basin, tiling to splash areas, double glazed window and solid wood flooring.
FIRST FLOOR LANDING

BEDROOM ONE 5.13m (16'10) x 3.38m (11'1)
Solid wood flooring, radiator, double glazed window to the front, coving to ceiling.
EN SUITE SHOWER ROOM
Double shower cubicle, pedestal hand wash basin, low flush toilet. Solid wood flooring, radiator, part tiling to walls, double glazed window.
BEDROOM TWO 3.48m (11'5) x 3.02m (9'11)
Double glazed window to the rear, solid wood flooring, radiator.
BEDROOM THREE 3.53m (11'7) x 2.67m (8'9)
Double glazed window to the rear, radiator.
BEDROOM FOUR 3.43m (11'3) x 2.87m (9'5)
Double glazed window to the front, radiator, solid wood flooring.
BEDROOM FIVE 2.06m (6'9) x 2.34m (7'8)
Double glazed window to the rear, radiator.
BATHROOM
Panelled bath, pedestal hand wash basin, low flush toilet, part tiling to walls, heated towel rail, double glazed window, solid wood flooring.
EXTERNALLY
Lawned garden to the front and side with gated access to the rear. Lawned garden to the rear.
DRIVEWAY
Driveway to the front provinging off road parking for one car leading to garage.
INTEGRAL GARAGE
Accessed via electric roller shutter door providing off road parking for one further car.
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: C
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.

COUNCIL TAX BAND: E

Agent Details

Andrew Craig, South Shields

0191 625 0766

Next Steps?

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