4 Bed Flat, Single Let, North Shields, NE30 4HQ, £595,000

Percy Gardens, Tynemouth, NE30 4HQ - 2 views - 7 months ago

Leasehold
BTL
~129 m²
+13 photos

ValuationOvervalued

Sold Prices£105K - £375K
Sold Prices/m²£818/m² - £3.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.6K/m²

Value Estimate

£226,339

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£148,750

Stamp Duty & Legal Fees

£36,300

Total Cash In

£185,050

 

 

Cash Out

 

Rent Range

£950 - £2,200

Rent Estimate

£850

Running Costs/mo

£2,049

Cashflow/mo

£-1,199

Cashflow/yr

£-14,392

Gross Yield

2%

Local Sold Prices

14 sold prices from £105K to £375K, average is £176.8K. £818/m² to £3.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£275K01/210.18 mi9a, Lovaine Row, North Shields, Tyne And Wear NE30 4HF4
£290K11/200.2 mi57, Percy Park, North Shields, Tyne And Wear NE30 4JX4
£230K03/210.44 mi23b, Albury Park Road, North Shields, Tyne And Wear NE30 2SH4
£183.5K12/200.9 mi51, Park Crescent, North Shields, Tyne And Wear NE30 2HR4
£270K03/210.97 mi20, Renaissance Point, North Shields, Tyne And Wear NE30 1LA4
£350K12/211.29 mi14a, Windsor Crescent, Whitley Bay, Tyne And Wear NE26 2PA4
£105K02/211.54 mi141, West Percy Street, North Shields, Tyne And Wear NE29 0BY4
£145K01/231.78 mi38, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB4
£160K03/231.78 mi42, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB4
£170K02/211.78 mi14, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB4
£162.5K01/231.78 mi34, Cambridge Avenue, Whitley Bay, Tyne And Wear NE26 1BB4
£375K03/212.15 mi11a, The Links, Whitley Bay, Tyne And Wear NE26 1PS4
£125K05/232.6 mi20, Ewen Court, North Shields, Tyne And Wear NE29 8HA4
£130K10/202.68 mi78, Stanhope Road, South Shields, Tyne And Wear NE33 4BS4

Local Rents

11 rents from £950/mo to £2.2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,50003/250.03 mi-3
£1,65003/250.08 mi-3
£1,30005/240.18 miPercy Park, Tynemouth3
£1,30006/240.21 mi-3
£1,35005/240.21 miQueensway, Tynemouth3
£95008/240.23 miEast Street, Tynemouth3
£1,60007/240.28 miFront Street, Tynemouth3
£1,30002/250.44 mi-3
£1,20005/240.45 miKingswood Court,Tynemouth3
£2,20007/240.46 miKennersdene, Tynemouth, North Shields4
£1,15005/240.54 miEdith Street, Tynemouth3

Local Area Statistics

Population in NE30

21,977

Population in North Shields

57,931

Town centre distance

1.48 miles away

Nearest school

0.20 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £595,000

August 28, 2024

Floor Plans

Description

  • Second floor apartment +
  • Four bedroom +
  • Two bathroom +
  • Double fronted +
  • Picturesque views +

Signature North East is proud to present to you this breathtaking four bedroom second floor apartment, nestled in the coveted Percy Gardens of Tynemouth, with private gated roads and a beautiful communal garden. The property offers Sea views from almost every room along with magnificent uninterrupted views of King Edwards Bay beach and Tynemouth Priory; a truly envious, unique locality. Perfectly situated within two minutes’ walk to the village centre which is home to an array of popular cafes, bars, and restaurants. The property is also in close proximity to a variety of award-winning beaches and the widely renowned Tynemouth surfing club and venue, making it perfect for picturesque walks and fun filled days out.

Upon entering the property, you are greeted by a warm welcoming hallway with a gleaming tiled floor. This area is perfect for storing all your outside necessities or making a bold first impression on your guests. Straight ahead are double doors, inviting you through to the living room. The living room boasts amazing natural light, modern décor, and ample space. The living room also features a balcony with a view of the sea. The kitchen/dining room is beautifully tiled and contains sleek white units and hosts plenty of space for any other additional desired furnishings. This kitchen has integrated appliances such as a fridge, freezer, dishwasher and washing machine.

Living Room - 7.13 x 5.39 (23'4" x 17'8") -

Kitchen / Dining Room - 5.54 x 3.99 (18'2" x 13'1") -

Bedroom One - 5.03 x 4.77 (16'6" x 15'7") -

Bedroom Two - 5.54 x 4.02 (18'2" x 13'2") -

En Suite - 2.24 x 1.87 (7'4" x 6'1") -

Bedroom Three - 3.26 x 2.19 (10'8" x 7'2") -

Bathroom - 2.91 x 2.55 (9'6" x 8'4") -

There are four bedrooms in the property, the first bedroom benefits from sea views from the balcony and helps better your morning routine by starting of the day right with fresh air and sunlight. This room has an abundance of space, natural light and storage options with the sliding door wardrobes. The second bedroom, also with stunning garden and sea view can accommodate a double bed and would make a great guest room or with its cosy atmosphere. The third bedroom has the main bathroom just outside the door. This room is a versatile space with an expansive storage area above and is currently being used as a study. The fourth and final bedroom hosts tasteful décor and is generously spacious, this room contains wall to wall sliding wardrobes and can accommodate a double bed. Additionally, this room has its own en suite fitted with a bath, overhead shower, sink and w.c. The en-suite gives plentiful storage above. Lastly, the main bathroom proposes a bath and shower whilst benefiting from the lighting of a large, clouded window.

Agent Details

Signature, Tynemouth

0191 743 7187

Next Steps?

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