3 Bed Semi-Detached House, Refurb/BRRR, South Shields, NE34 7SD, £154,995

Hylton Avenue, South Shields, NE34 7SD - a year ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+16 photos

ValuationFair Value

Sold Prices£80K - £290K
Sold Prices/m²£1K/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£154,215

 

 

End Value (After Refurb)

£157,183

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£38,749

Stamp Duty & Legal Fees

£8,950

Refurb Costs

£35,600

Bridging Loan Interest

£4,069

Total Cash In

£89,117

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£157,183

Mortgage (After Refinance)

£117,887

Mortgage LTV

75%

Cash Released

£1,641

Cash Left In

£87,476

Equity

£39,296

Rent Range

£725 - £975

Rent Estimate

£849

Running Costs/mo

£681

Cashflow/mo

£168

Cashflow/yr

£2,016

ROI

2%

Gross Yield

7%

Local Sold Prices

49 sold prices from £80K to £290K, average is £160K. £1K/m² to £3.2K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£127K03/230.07 mi2, Ede Avenue, South Shields, Tyne And Wear NE34 7EA3
£155K07/240.07 mi23, Ede Avenue, South Shields, Tyne And Wear NE34 7EB3
£197.5K12/230.08 mi24, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£160K12/200.08 mi27, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£190K05/230.08 mi4, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£130K10/210.09 mi145, Tanfield Gardens, South Shields, Tyne And Wear NE34 7DX3
£127K04/210.1 mi70, Tanfield Gardens, South Shields, Tyne And Wear NE34 7DY3
£180K07/230.11 mi70, Ede Avenue, South Shields, Tyne And Wear NE34 7ED3
£170K03/230.11 mi126, Centenary Avenue, South Shields, Tyne And Wear NE34 6SG3
£196K12/220.14 mi48, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£125K11/200.14 mi52, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£186K09/230.14 mi39, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£152K12/200.15 mi59, Hylton Avenue, South Shields, Tyne And Wear NE34 7SF3
£140K12/200.16 mi22, Falstone Avenue, South Shields, Tyne And Wear NE34 6SB3
£115K11/200.16 mi65, Thornholme Avenue, South Shields, Tyne And Wear NE34 7DS3
£157K11/200.19 mi30, Lumley Avenue, South Shields, Tyne And Wear NE34 7DW3
£165K09/230.19 mi8, Bywell Avenue, South Shields, Tyne And Wear NE34 6RP3
£180K07/230.19 mi10, Thornholme Avenue, South Shields, Tyne And Wear NE34 7DT3
£85K03/210.23 mi28, School Approach, South Shields, Tyne And Wear NE34 6DP3
£193K06/240.24 mi42, Felton Avenue, South Shields, Tyne And Wear NE34 6RY3
£143.5K01/210.24 mi34, Felton Avenue, South Shields, Tyne And Wear NE34 6RY3
£100K04/210.25 mi93, Steward Crescent, South Shields, Tyne And Wear NE34 7EJ3
£160K03/210.26 mi46, Summerhill Road, South Shields, Tyne And Wear NE34 6RZ3
£230K12/220.28 mi20, Ridley Grove, South Shields, Tyne And Wear NE34 6RN3
£122K12/220.28 mi22, Dunlop Crescent, South Shields, Tyne And Wear NE34 6QG3
£80K03/210.29 mi82, Lisle Road, South Shields, Tyne And Wear NE34 6DJ3
£192K06/240.3 mi107, Lumley Avenue, South Shields, Tyne And Wear NE34 7DL3
£235K12/220.31 mi116, Marsden Road, South Shields, Tyne And Wear NE34 6RL3
£82K11/230.31 mi8, Shelley Avenue, South Shields, Tyne And Wear NE34 7QE3
£129.9K04/230.31 mi44, Centenary Avenue, South Shields, Tyne And Wear NE34 6PJ3
£161.5K08/230.32 mi45, Walworth Avenue, South Shields, Tyne And Wear NE34 7EW3
£139.9K01/210.32 mi4, Deneside, South Shields, Tyne And Wear NE34 7RW3
£165K05/240.32 mi4, Deneside, South Shields, Tyne And Wear NE34 7RW3
£127K04/230.34 mi78, Horsley Vale, South Shields, Tyne And Wear NE34 6JX3
£170K05/230.34 mi181, Horsley Vale, South Shields, Tyne And Wear NE34 6JX3
£120K11/200.34 mi10, Larch Avenue, South Shields, Tyne And Wear NE34 7NT3
£265K08/240.35 mi15, Summerhill Road, South Shields, Tyne And Wear NE34 6DT3
£152K05/230.36 mi16, Chirton Grove, South Shields, Tyne And Wear NE34 7BP3
£135K12/230.36 mi8, Cross Way, South Shields, Tyne And Wear NE34 6PR3
£100K07/210.37 mi17, Farne Avenue, South Shields, Tyne And Wear NE34 7HG3
£132K01/230.37 mi10, Gloucester Place, South Shields, Tyne And Wear NE34 6PX3
£171K06/210.37 mi47, Dorset Avenue, South Shields, Tyne And Wear NE34 7JA3
£162K11/200.37 mi51, Dorset Avenue, South Shields, Tyne And Wear NE34 7JA3
£250K05/230.38 mi19, Lisle Road, South Shields, Tyne And Wear NE34 6DQ3
£103K06/230.38 mi18, Centenary Avenue, South Shields, Tyne And Wear NE34 6QH3
£165K02/230.38 mi11, Fulwell Avenue, South Shields, Tyne And Wear NE34 7DH3
£245K03/230.39 mi96, Beaconside, South Shields, Tyne And Wear NE34 7PX3
£290K11/220.39 mi42, Beacon Glade, South Shields, Tyne And Wear NE34 7PS3
£230K05/220.4 mi21, Beaconside, South Shields, Tyne And Wear NE34 7PY3

Local Rents

18 rents from £725/mo to £975/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£97505/240.19 miEast Avenue, South Shields, NE343
£85005/240.19 mi-3
£80005/240.19 mi-3
£77505/240.19 mi-3
£95005/240.19 miEast Avenue, South Shields, NE343
£95005/240.21 miCentenary Avenue, South Shields3
£79507/240.26 miGreenside, Marsden, South Shields, Tyne and Wear, NE34 7RN3
£78512/240.29 mi-3
£72512/240.34 mi-3
£85004/240.41 mi-3
£90012/240.43 mi-3
£85007/240.43 miHorsley Vale, South Shields3
£89505/240.45 miFulwell Avenue, South Shields3
£89505/240.46 miLumley Avenue, South Shields3
£90005/240.47 miNorth Close, South Shields, Tyne And Wear, NE343
£79005/240.49 mi-3
£85010/230.5 mi-3
£75503/250.5 mi-3

Local Area Statistics

Population in NE34

52,101

Population in South Shields

79,432

Town centre distance

1.03 miles away

Nearest school

0.10 miles away

Nearest train station

1.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Price changed to £154,995

January 8, 2025

Listed for £159,995

May 22, 2024

Description

  • 3 Bed Semi Detached +
  • Super Close To Harton School +
  • 10 Minutes Away From Marsden Beach +
  • Enclosed Garden +
  • Set Back From The Road +
  • Fabulous Investment Opportunity +
  • Gorgeous Family Home +
  • Conservatory +
  • Awaiting Your Personal Touch +
  • Downstairs WC +

Property Nestled in a picturesque neighborhood of Marsden, this inviting three-bedroom, semi-detached property on Hylton Avenue offers an ideal blend of comfort and convenience. Perfectly situated close to the esteemed Harton schools, the scenic Marsden Beach, and major transport links, this home awaits your personal touch to transform it into your dream residence.

Exterior and Entrance Set back from the main road, the property boasts an expansive lawned area, while the property is bordered by a charming stone wall, providing a welcoming and serene frontage. Upon entering, you are greeted by a spacious hallway that sets the tone for the rest of the home.

Living Spaces To the right of the hallway is the cozy living room, featuring a beautiful fireplace flanked by two alcoves and a large window that bathes the room in natural light while offering views of the street. This versatile space can be easily used as a snug or a formal sitting area.

Through double French doors, you’ll find the second reception room. This area holds significant potential for extension and renovation, promising to become a large family entertainment space. The french doors could be swapped or painted for black-painted glass doors would offer a sophisticated touch, seamlessly connecting this room with the living room. Adjacent to this space is the conservatory, which presents further opportunities for extension or can be enjoyed as is, providing a tranquil spot to relax and unwind with panoramic views of the green garden. Conveniently located under the stairs is a downstairs toilet, enhancing the practicality of the layout.

Kitchen and Garden The kitchen is well-appointed with classic wood shaker units, a sleek black benchtop, and a stylish tiled backsplash. A window above the sink offers a pleasant view of the garden.

The garden is a delightful mix of decking, lawn, and paved areas, perfect for outdoor activities and entertaining. It enjoys privacy with minimal overlooking and is surrounded by lush greenery. Side access leads to the front street, adding to the convenience.

Upstairs Accommodation Heading upstairs, you will find three well-proportioned bedrooms. The master bedroom, recently plastered, painted, and fitted with new carpeting, features a large window overlooking the street and is spacious enough to accommodate a super king bed.

The second bedroom, with views of the garden, can comfortably house a double bed and wardrobes, offering a cozy and private retreat. The third bedroom is versatile, suitable for a single bed or ideal as a home office.

The bathroom has been newly renovated, featuring a modern walk-in shower and a sleek sink basin, all beautifully tiled. The separate toilet adds an extra layer of convenience for busy family mornings.

Location The property's prime location makes it an excellent choice for families. The proximity to Harton schools ensures quality education is just a short walk away. Enjoy leisurely weekends at Marsden Beach, or benefit from the easy access to major transport links for commuting.

This charming home on Hylton Avenue is a blank canvas, ready for you to infuse with your style and preferences. With its superb location, spacious rooms, and potential for expansion, it offers a fantastic opportunity to create a personalized living space in a sought-after area.

Additional Information:

Floor 1

Living Room: 3.98m x 3.91m Dining Room: 3.43 x 6m Kitchen: 3m x 2.6m

Floor 2

Main Bedroom 3.53m x 3.91m Bedroom 2: 3.53m x 3.91m Bedroom 3: 2.37m x 2.89m Bathroom: 2.37m x 2.24m

Property Type: Semi Detached Tenure: Freehold Property Construction: Bricks Parking: Street Satellite: BT, Sky and Virgin Council Tax Band: A £1465

Flood Risk: Very Low Cladding Issues: None Planning Consents: None Accessibility Adaptations: None Covenants: None Restrictions: None

Agent Details

Browns Estate Agents, South Shields

0191 406 3441

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪