2 Bed Bungalow, Single Let, North Shields, NE30 3HN, £290,000

18 Cardigan Grove, Marden Farm, North Shields, NE30 3HN - 9 months ago

BTL
58 m²
+8 photos

ValuationOvervalued

Sold Prices£165K - £495K
Sold Prices/m²£2.4K/m² - £6.3K/m²

 

 

Square Metres

58 m²
Price/m²£5K/m²

Value Estimate

£222,333

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£17,700

Total Cash In

£90,200

 

 

Cash Out

 

Rent Range

£595 - £2,000

Rent Estimate

£599

Running Costs/mo

£1,046

Cashflow/mo

£-447

Cashflow/yr

£-5,365

Gross Yield

2%

Local Sold Prices

51 sold prices from £165K to £495K, average is £275K. £2.4K/m² to £6.3K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£360K10/220 mi12, Cardigan Grove, North Shields, Tyne And Wear NE30 3HN2
£334K03/230.01 mi21, Cardigan Grove, North Shields, Tyne And Wear NE30 3HN2
£280K02/230.04 mi14, Tilbury Grove, North Shields, Tyne And Wear NE30 3HL2
£280K11/230.04 mi10, Tilbury Grove, North Shields, Tyne And Wear NE30 3HL2
£277.3K06/210.05 mi20, Hampton Road, North Shields, Tyne And Wear NE30 3HP2
£188.5K02/210.09 mi10, Hambledon Avenue, North Shields, Tyne And Wear NE30 3HT2
£285K06/210.09 mi26, Hambledon Avenue, North Shields, Tyne And Wear NE30 3HT2
£287.5K06/230.1 mi7, Braeside Close, North Shields, Tyne And Wear NE30 3JF2
£240K03/210.11 mi98, Farringdon Road, North Shields, Tyne And Wear NE30 3HA2
£285K10/230.16 mi10, Highcross Road, North Shields, Tyne And Wear NE30 3JG2
£328K08/210.17 mi17, Lorton Avenue, North Shields, Tyne And Wear NE30 3UR2
£225K03/210.17 mi43, Thirlmere Avenue, North Shields, Tyne And Wear NE30 3UN2
£320K03/220.17 mi39, Thirlmere Avenue, North Shields, Tyne And Wear NE30 3UN2
£230K02/210.18 mi15, Torver Way, North Shields, Tyne And Wear NE30 3UP2
£285K08/230.18 mi5, Torver Way, North Shields, Tyne And Wear NE30 3UP2
£275K12/220.19 mi46, Beresford Road, North Shields, Tyne And Wear NE30 3JB2
£325K10/230.19 mi42, Beresford Road, North Shields, Tyne And Wear NE30 3JB2
£250K10/220.19 mi47, Beresford Road, North Shields, Tyne And Wear NE30 3JB2
£268K10/220.21 mi33, Torver Way, North Shields, Tyne And Wear NE30 3UW2
£180K09/230.21 mi27, Penrith Avenue, North Shields, Tyne And Wear NE30 3UH2
£280K01/210.22 mi15, Beresford Road, North Shields, Tyne And Wear NE30 3JQ2
£365K08/230.22 mi25, Beresford Road, North Shields, Tyne And Wear NE30 3JQ2
£250K10/200.23 mi32, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£245K11/200.23 mi39, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£330K04/230.23 mi3, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£280K08/230.23 mi10, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£350K10/230.23 mi28, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£355K01/230.23 mi15, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£195K08/230.25 mi23, Zetland Drive, Whitley Bay, Tyne And Wear NE25 8UW2
£195K08/230.25 mi23, Zetland Drive, Whitley Bay, Tyne And Wear NE25 8UW2
£423K12/230.26 mi42, Shaftesbury Crescent, North Shields, Tyne And Wear NE30 3LS2
£169K03/210.26 mi10, Solway Avenue, North Shields, Tyne And Wear NE30 3AY2
£286K10/210.28 mi22, Sandfield Road, North Shields, Tyne And Wear NE30 3LY2
£375K04/230.28 mi24, Sandfield Road, North Shields, Tyne And Wear NE30 3LY2
£329K10/230.28 mi8, Sandfield Road, North Shields, Tyne And Wear NE30 3LY2
£270K06/210.3 mi48, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BD2
£190K02/230.31 mi16, Cherrytree Gardens, Whitley Bay, Tyne And Wear NE25 8UZ2
£192.5K03/230.32 mi27, Ennerdale Road, North Shields, Tyne And Wear NE30 3BJ2
£225K08/210.32 mi1, Blencathra, North Shields, Tyne And Wear NE30 3UB2
£225K11/220.32 mi4, Kirklinton Road, North Shields, Tyne And Wear NE30 3AX2
£240K02/210.33 mi3, Hayton Road, Cullercoats, North Shields, Tyne And Wear NE30 3UE2
£495K08/230.33 mi9, Hayton Road, Cullercoats, North Shields, Tyne And Wear NE30 3UE2
£275.3K11/200.34 mi33, Solway Avenue, North Shields, Tyne And Wear NE30 3AZ2
£165K12/200.35 mi63, Hillheads Court, Whitley Bay, Tyne And Wear NE25 8RY2
£179.9K11/220.35 mi43, Hillheads Court, Whitley Bay, Tyne And Wear NE25 8RY2
£265K03/210.36 mi4, Broadway Close, North Shields, Tyne And Wear NE30 3LN2
£315K01/210.36 mi5, Broadway Close, North Shields, Tyne And Wear NE30 3LN2
£182K12/200.37 mi6, Farlam Avenue, North Shields, Tyne And Wear NE30 3PW2
£172K09/210.37 mi29, Hillheads Court, Whitley Bay, Tyne And Wear NE25 8RY2
£217K05/230.38 mi68, Elmtree Gardens, Whitley Bay, Tyne And Wear NE25 8XQ2
£185K12/200.38 mi27, Hayton Road, North Shields, Tyne And Wear NE30 3TZ2

Local Rents

50 rents from £595/mo to £2K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£85005/240.37 miFarringdon Road, Marden Estate, North Shields2
£74008/240.44 mi-2
£74007/240.44 miMarden Road South, Whitley Bay, NE252
£99512/230.6 mi-2
£70003/230.63 mi-2
£60005/240.64 mi-2
£69505/240.64 miAlnwick Avenue, Whitley Bay2
£97505/240.66 miLinks Road, North Shields2
£69505/240.66 miAlnwick Avenue, Whitley Bay2
£79508/240.66 miClosefield Grove, Whitley Bay, Tyne and Wear, NE25 8SU2
£70006/240.67 miClifton Terrace, Whitley Bay2
£90008/240.69 miStation Road, Cullercoats, North Shields, Tyne and Wear, NE302
£80006/240.7 miAthol Gardens, Whitley Bay2
£75006/240.71 miVictoria Mews2
£1,30003/250.71 miNewlands, Whitley Bay2
£1,15004/240.71 mi-2
£1,15005/240.71 miBeach Croft Avenue, North Shields, NE302
£79508/240.72 mi-2
£79506/240.73 mi-2
£80005/240.75 miPark Parade, Whitley Bay2
£85006/240.75 miPark Parade, Whitley Bay2
£85005/240.76 miSouth Parade, Whitley Bay, Tyne and Wear, NE262
£77002/250.76 mi-2
£59506/230.76 mi-2
£59507/230.76 mi-2
£82508/240.76 mi-2
£75001/240.77 mi-2
£75008/230.78 mi-2
£2,00007/240.78 mi-2
£75012/240.79 miSouth Parade, Whitley Bay2
£1,10007/240.79 miBeverley Terrace, Cullercoats2
£79508/240.79 mi-2
£80007/240.81 miNorth Parade, Whitley Bay, Tyne and Wear, NE262
£72505/240.82 miParkside Court, Whitley Bay2
£85007/240.82 miNorth Parade, Whitley Bay. NE26 1PA **SUPER STANDARD**2
£80011/230.83 mi-2
£95006/240.84 miEsplanade, Whitley Bay, Tyne and Wear, NE262
£1,30011/240.84 mi-2
£75005/240.88 miEsplanade, Whitley Bay. NE26 2AL2
£82507/240.88 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AL2
£1,15006/240.88 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£1,40007/240.88 mi55 Esplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£89506/240.89 miSouth Parade, Whitley Bay2
£79508/240.9 miFriars Rise, Monkseaton, Whitley Bay2
£1,10005/240.91 miMontague Apartments, Whitley Bay2
£1,40005/240.91 miMontague Apartments, Whitley Bay2
£1,15006/240.91 miMontague Apartments, Whitley Bay2
£85005/240.91 miWalton Park, North Shields2
£85005/240.92 miBurnside House, Rockcliffe Gardens, Whitley Bay2
£1,29503/250.94 mi-2

Local Area Statistics

Population in NE30

21,977

Population in North Shields

57,931

Town centre distance

1.35 miles away

Nearest school

0.20 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Price changed to £290,000

February 8, 2025

Listed for £299,950

July 18, 2024

Floor Plans

Description

  • Semi Detached Bungalow +
  • Two Bedrooms +
  • Lounge +
  • Kitchen +
  • 'Lean to' Conservatory +
  • Driveway & Garage +
  • Gardens +
  • No Onward Chain +
  • Cul-De-Sac Location +
  • Council Tax Band C +

Situated on Cardigan Grove in Marden Estate a two bedroom semi-detached bungalow available with NO ONWARD CHAIN. Ideally placed in this much sought after location in a quiet cul-de-sac the bungalow briefly comprises; entrance hall, lounge, inner hallway, kitchen, two bedrooms, lean to conservatory and bathroom/WC. There are gardens to the front and rear and a driveway for off street parking. Gas central heating and double glazing. To arrange a viewing call COOKE & CO.

Agent Details

Cooke & Co, Whitley Bay

0191 625 0863

Next Steps?

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