2 Bed Terraced House, Single Let, North Shields, NE29 0EZ, £130,000

Gardner Park, North Shields, NE29 0EZ - 1 views - 10 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£59K - £269.9K
Sold Prices/m²£1.3K/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£139,060
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£475 - £2,000

Rent Estimate

£556

Running Costs/mo

£537

Cashflow/mo

£19

Cashflow/yr

£223

ROI

1%

Gross Yield

5%

Local Sold Prices

51 sold prices from £59K to £269.9K, average is £143.5K. £1.3K/m² to £3.4K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£185K12/220.04 mi189, Gardner Park, North Shields, Tyne And Wear NE29 0EZ2
£124K05/210.1 mi6, Gardner Park, North Shields, Tyne And Wear NE29 0EA2
£120K06/230.1 mi8, Gardner Park, North Shields, Tyne And Wear NE29 0EA2
£150K10/230.1 mi6, Gardner Park, North Shields, Tyne And Wear NE29 0EA2
£122K02/210.1 mi130, Gardner Park, North Shields, Tyne And Wear NE29 0EB2
£160K06/210.1 mi86, Gardner Park, North Shields, Tyne And Wear NE29 0EB2
£155.5K05/230.1 mi74, Gardner Park, North Shields, Tyne And Wear NE29 0EB2
£86K01/210.14 mi36, Oakham Gardens, North Shields, Tyne And Wear NE29 7QG2
£115K03/230.14 mi24, Oakham Gardens, North Shields, Tyne And Wear NE29 7QG2
£126K10/230.14 mi15, Simpson Street, Chirton, North Shields, Tyne And Wear NE29 7QF2
£179K10/200.16 mi27, Billy Mill Avenue, North Shields, Tyne And Wear NE29 0QY2
£132.5K05/230.16 mi23, Chirton Lane, North Shields, Tyne And Wear NE29 0SB2
£118K11/200.16 mi23, Chirton Lane, North Shields, Tyne And Wear NE29 0SB2
£125K03/230.16 mi21, Chirton Lane, North Shields, Tyne And Wear NE29 0SB2
£133K05/230.21 mi60, Collingwood View, North Shields, Tyne And Wear NE29 0ET2
£160K03/210.22 mi34, Highbury Place, North Shields, Tyne And Wear NE29 0RA2
£180K10/230.22 mi24, Highbury Place, North Shields, Tyne And Wear NE29 0RA2
£156.5K05/210.23 mi15, Highbury Place, North Shields, Tyne And Wear NE29 0RD2
£189K05/210.26 mi22, Billy Mill Avenue, North Shields, Tyne And Wear NE29 0QS2
£189K05/210.26 mi22, Billy Mill Avenue, North Shields, Tyne And Wear NE29 0QS2
£162K12/200.26 mi28, Glendale Avenue, North Shields, Tyne And Wear NE29 0RP2
£84K03/230.28 mi6a, Hylton Terrace, North Shields, Tyne And Wear NE29 0EE2
£192K05/230.28 mi1a, Brighton Grove, North Shields, Tyne And Wear NE29 0RQ2
£143.5K03/230.32 mi5, Henry Street, North Shields, Tyne And Wear NE29 6SH2
£115K02/210.33 mi29, Delaval Avenue, North Shields, Tyne And Wear NE29 7PX2
£59K06/230.35 mi36a, Wallsend Road, North Shields, Tyne And Wear NE29 7BJ2
£160K10/200.37 mi54, Fern Avenue, North Shields, Tyne And Wear NE29 0RJ2
£250K08/230.37 mi10, Tudor Avenue, North Shields, Tyne And Wear NE29 0RY2
£195K07/230.38 mi99, Billy Mill Avenue, North Shields, Tyne And Wear NE29 0QW2
£195K07/230.38 mi99, Billy Mill Avenue, North Shields, Tyne And Wear NE29 0QW2
£119K12/200.39 mi107, Heaton Terrace, North Shields, Tyne And Wear NE29 7HX2
£109.2K10/210.39 mi89, Heaton Terrace, North Shields, Tyne And Wear NE29 7HX2
£147K12/220.39 mi107, Heaton Terrace, North Shields, Tyne And Wear NE29 7HX2
£128K06/240.39 mi85, Heaton Terrace, North Shields, Tyne And Wear NE29 7HX2
£230K01/230.39 mi23, Addington Crescent, North Shields, Tyne And Wear NE29 7PZ2
£177K09/210.39 mi35, Addington Crescent, North Shields, Tyne And Wear NE29 7PZ2
£195K02/240.39 mi1, Addington Crescent, North Shields, Tyne And Wear NE29 7PZ2
£265K09/230.4 mi54, Brightman Road, North Shields, Tyne And Wear NE29 0HP2
£220K07/230.41 mi28, Kimberley Avenue, North Shields, Tyne And Wear NE29 0RL2
£123.5K03/240.42 mi91, West Percy Street, North Shields, Tyne And Wear NE29 0DJ2
£269.9K08/230.43 mi13, Lovaine Terrace, North Shields, Tyne And Wear NE29 0HJ2
£72K05/230.44 mi100, Wallsend Road, North Shields, Tyne And Wear NE29 7AB2
£72K05/230.44 mi102, Wallsend Road, North Shields, Tyne And Wear NE29 7AB2
£130K08/210.44 mi12, Spencer Street, North Shields, Tyne And Wear NE29 6RF2
£173K02/230.46 mi6, Verne Road, North Shields, Tyne And Wear NE29 7LR2
£95K11/200.46 mi45, Balkwell Avenue, North Shields, Tyne And Wear NE29 7JL2
£105K06/210.46 mi49, Balkwell Avenue, North Shields, Tyne And Wear NE29 7JL2
£250K10/230.49 mi3, Grosvenor Place, North Shields, Tyne And Wear NE29 0NH2
£102.5K11/230.49 mi57, Trinity Street, North Shields, Tyne And Wear NE29 6LZ2
£111K03/210.5 mi19, Orlando Road, North Shields, Tyne And Wear NE29 7NE2
£112K05/240.5 mi19, Blucher Road, North Shields, Tyne And Wear NE29 6XJ2

Local Rents

50 rents from £475/mo to £2K/mo, average is £698/mo.

RentDateDistanceAddressBeds 
£62505/240.03 miChirton Avenue, North Shields2
£80005/240.05 miSilkeys Lane, North Sheilds, NE29 0JT2
£75012/240.06 miSilkeys Lane, North Shields, Tyne and Wear2
£79506/240.06 mi-2
£79505/240.06 miGardner Park, North Shields, NE292
£79506/240.06 miGardner Park, North Shields, NE292
£65006/240.12 miFront Terrace, North Shields, NE292
£65006/240.15 miRichmond Grove, North Shields2
£1,45005/240.16 mi-2
£1,55007/240.16 mi-2
£1,55001/250.16 mi-2
£2,00003/250.16 mi-2
£65006/240.16 miNorth Shields2
£59505/240.16 miBilly Mill Avenue, North Shields2
£77502/250.22 mi-2
£75001/240.22 mi-2
£62505/240.24 miHopper Street West, North Shields2
£69512/240.29 mi-2
£67506/240.31 miWest Percy Street, North Shields. NE29 0BY2
£70010/240.34 mi-2
£70010/240.34 mi-2
£55005/240.36 miVicarage Street, North Shields. NE29 6SJ2
£95005/240.36 miAddington Crescent, North Shields, Tyne and Wear, NE292
£65006/240.38 miStanley Street West, North Shields2
£75012/240.39 miLansdowne Terrace, North Shields, North Tyneside2
£72506/240.39 miLansdowne Tce, North Shields. NE29 0NJ. 2
£72512/240.4 mi-2
£65005/240.42 miWest Percy Street, North Shields2
£75006/240.43 miHowdon Road, North Shields, NE292
£52505/240.43 miHowdon Road, North Shields. NE29 6ST2
£1,25005/240.43 mi-2
£80005/240.43 miHowdon Road, North Shields2
£62505/240.43 mi-2
£65005/240.44 miWilliam Street West, North Shields, Tyne and Wear, NE29 6RL2
£90006/240.44 miBilly Mill Avenue, North Shields2
£67505/240.46 miBalkwell Avenue, North Shields, Tyne and Wear2
£65005/240.46 miWooler Avenue, North shields , North Shields, Tyne and Wear, NE29 7BD2
£60007/240.46 miWooler Avenue, North Shields2
£70006/240.47 miEtal Court, North Shields2
£69502/250.48 mi-2
£47509/230.49 mi-2
£62506/240.5 miVerne Road, North Shields2
£62506/240.5 miVerne Road, North Shields2
£75007/240.5 miCleveland Avenue, North Shields2
£65007/240.5 miBalkwell Avenue, North Shields. NE29 7JF2
£75005/240.51 miAlma Place, North Shields. NE29 0LY2
£55007/240.52 miRudyerd Street, North Shields, NE292
£60011/240.53 mi-2
£57507/240.54 miAddison Street, North Shields, NE29 6LR2
£79507/240.54 miCromwell Terrace, North Shields, Tyne And Wear, NE292

Local Area Statistics

Population in NE29

35,923

Population in North Shields

57,931

Town centre distance

0.48 miles away

Nearest school

0.30 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-14%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Price changed to £130,000

September 26, 2024

Listed for £135,000

June 18, 2024

Sold for £92,000

2011

Sold for £87,000

2011

Sold for £49,995

2001

Floor Plans

Description

  • Mid-Terraced House +
  • Great Location +
  • Two Bedrooms +
  • Family Bathroom +
  • Gas Central Heating +
  • Off-Street Parking +
  • No Onward Chain +
  • Local Facilities +
  • Public Transport Links +
  • Council Tax Band B +

Jan Forster Estates welcome to the market this well-presented terraced home positioned on the popular Gardner Park Estate. The property is close to good local facilities and public transport links to the coast and Newcastle city centre, and will make a great home for the first time buyer or a great opportunity for the professional landlord.

The accommodation, which covers two floors and is offered with the benefit of no upper chain, briefly comprises;- main reception room, well-appointed kitchen with wall and floor units, fitted oven and hob, and a dining area. On the first floor, you are presented with two bedrooms and a modern bathroom WC. As you would expect, the house is warmed with gas central heating and also boasts double glazing. Externally, there is a garden to the rear and off-street parking to the front.

For more information or to book your viewing, please, call our coastal sales team on .

Tenure
The agent understands the property to be freehold. However, this should be confirmed with a licensed legal representative.

Council Tax band *B*

Lounge - 3.80 x 3.53 (12'5" x 11'6") -

Kitchen - 3.53 x 2.42 (11'6" x 7'11") -

Bedroom One - 3.80 x 3.53 (12'5" x 11'6") -

Bedroom Two - 2.42 x 1.67 (7'11" x 5'5") -

Agent Details

Jan Forster Estates, Tynemouth

0191 625 0776

Next Steps?

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