4 Bed Terraced House, Single Let, North Shields, NE29 8BX, £285,000

Burwood Road, North Shields, NE29 8BX - 2 views - 7 months ago

BTL
~140 m²
+11 photos

ValuationUndervalued

Sold Prices£84K - £385.0M
Sold Prices/m²£1.3K/m² - £2.8M/m²

 

 

Square Metres

~140.40 m²
Price/m²£2K/m²

Value Estimate

£309,942
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£11,500

Total Cash In

£82,750

 

 

Cash Out

 

Rent Range

£750 - £1,300

Rent Estimate

£795

Running Costs/mo

£1,070

Cashflow/mo

£-275

Cashflow/yr

£-3,295

Gross Yield

3%

Local Sold Prices

50 sold prices from £84K to £385.0M, average is £291.8K. £1.3K/m² to £2.8M/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£190K01/210.09 mi12, Embleton Crescent, North Shields, Tyne And Wear NE29 8BW4
£239.9K09/230.13 mi35, Moor Close, North Shields, Tyne And Wear NE29 8DB4
£300K10/200.13 mi1, Moor Close, North Shields, Tyne And Wear NE29 8DB4
£292K02/210.13 mi8, Moor Close, North Shields, Tyne And Wear NE29 8DB4
£298K11/200.13 mi2, Moor Close, North Shields, Tyne And Wear NE29 8DB4
£272K06/210.18 mi2, Moffat Close, North Shields, Tyne And Wear NE29 8DR4
£261K09/210.22 mi19, Lanark Close, North Shields, Tyne And Wear NE29 8DP4
£160K02/230.24 mi78, Tintern Crescent, North Shields, Tyne And Wear NE29 8PG4
£320K09/210.29 mi42, Moor Park Court, North Shields, Tyne And Wear NE29 8AH4
£147K07/230.33 mi101, Kenton Road, North Shields, Tyne And Wear NE29 8AE4
£159.9K04/210.37 mi38, Devon Road, North Shields, Tyne And Wear NE29 8PL4
£84K05/210.39 mi28, Guisborough Drive, North Shields, Tyne And Wear NE29 8BT4
£175K01/240.39 mi57, Dereham Way, North Shields, Tyne And Wear NE29 8EJ4
£300K11/200.41 mi76, Abbots Way, North Shields, Tyne And Wear NE29 8LX4
£320K02/230.42 mi28, Abbots Way, North Shields, Tyne And Wear NE29 8LX4
£258K06/210.43 mi16, Billy Mill Lane, North Shields, Tyne And Wear NE29 8LP4
£280.3K11/220.46 mi38, Glanton Road, North Shields, Tyne And Wear NE29 8LJ4
£236.5K03/210.46 mi97, Abbots Way, North Shields, Tyne And Wear NE29 8LU4
£363K11/220.46 mi73, Abbots Way, North Shields, Tyne And Wear NE29 8LU4
£435K01/230.46 mi8, Kelso Drive, North Shields, Tyne And Wear NE29 9NS4
£385.0M09/210.46 mi27, Kelso Drive, North Shields, Tyne And Wear NE29 9NS4
£285K01/210.46 mi156, Abbots Way, North Shields, Tyne And Wear NE29 8LY4
£350K02/210.46 mi158, Abbots Way, North Shields, Tyne And Wear NE29 8LY4
£475K09/230.46 mi140, Abbots Way, North Shields, Tyne And Wear NE29 8LY4
£450K02/230.49 mi2, Dryburgh Close, North Shields, Tyne And Wear NE29 9NT4
£345K11/210.62 mi202, Monks Wood, North Shields, Tyne And Wear NE30 2UB4
£425K07/230.62 mi16, Ludlow Avenue, North Shields, Tyne And Wear NE29 9EY4
£330K07/230.64 mi6, Caynham Close, North Shields, Tyne And Wear NE29 9EU4
£178K01/230.65 mi3, Redesdale Road, North Shields, Tyne And Wear NE29 7ED4
£345K05/210.68 mi16, Tenbury Crescent, North Shields, Tyne And Wear NE29 9EP4
£235.2K12/200.7 mi32, Wenlock Drive, North Shields, Tyne And Wear NE29 9HD4
£385K04/230.7 mi21, Wenlock Drive, North Shields, Tyne And Wear NE29 9HD4
£161K06/210.73 mi86, Langley Road, North Shields, Tyne And Wear NE29 7DX4
£268K05/210.75 mi9, Murton Lane, Murton Village, Newcastle Upon Tyne, Tyne And Wear NE27 0LR4
£340K01/210.82 mi3, Heybrook Avenue, North Shields, Tyne And Wear NE29 9HG4
£175K06/240.83 mi13, Studland Close, North Shields, Tyne And Wear NE29 9HP4
£285K03/240.83 mi3, Cotswold Road, North Shields, Tyne And Wear NE29 9QJ4
£150K03/230.84 mi38, Heybrook Avenue, North Shields, Tyne And Wear NE29 9HG4
£350K06/210.84 mi44, Heybrook Avenue, North Shields, Tyne And Wear NE29 9HG4
£385K01/230.85 mi6, Heybrook Avenue, North Shields, Tyne And Wear NE29 9HG4
£291.6K01/210.85 mi8, Langdon Close, North Shields, Tyne And Wear NE29 9HN4
£335K03/240.85 mi14, Sidlaw Avenue, North Shields, Tyne And Wear NE29 9EA4
£745K08/220.89 mi10, Queen Alexandra Road West, North Shields, Tyne And Wear NE29 9AH4
£268K05/240.89 mi32, Queen Alexandra Road West, North Shields, Tyne And Wear NE29 9AH4
£525K10/220.89 mi16, Briar Vale, Whitley Bay, Tyne And Wear NE25 9AZ4
£293K12/230.91 mi36, Newington Drive, North Shields, Tyne And Wear NE29 9JA4
£259.9K07/230.91 mi38, Newington Drive, North Shields, Tyne And Wear NE29 9JA4
£230K01/210.97 mi21, Walton Avenue, North Shields, Tyne And Wear NE29 9NH4
£257K06/230.97 mi23, Bishopbourne Court, North Shields, Tyne And Wear NE29 9JE4
£300K07/230.98 mi21, Burnt House Road, Whitley Bay, Tyne And Wear NE25 9DZ4

Local Rents

11 rents from £750/mo to £1.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,25005/240.03 mi-3
£1,25004/240.03 mi-3
£1,13502/250.13 mi-3
£1,05006/240.15 mi-3
£79506/240.19 miDrury Lane, North Shields. NE29 8SR ** NEWLY REFURBISHED **3
£75005/240.21 miDrury Lane, North Shields. NE29 8SR3
£90003/240.23 mi-3
£1,00002/240.24 mi-3
£79505/240.36 miNorham Road North, North Shields. NE29 8RP3
£1,30007/240.46 miAbbots Way, North Shields, North Tyneside3
£85007/240.55 miGreenlea, North Shields. NE29 8HQ3

Local Area Statistics

Population in NE29

35,923

Population in North Shields

57,931

Town centre distance

1.04 miles away

Nearest school

0.20 miles away

Nearest train station

1.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-14%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £285,000

August 28, 2024

Floor Plans

Description

Signature North East is pleased to welcome to the market this stunning 4-bedroom terraced house located on the outskirts of North Shields. Situated in a well-established neighbourhood, this property boasts proximity to the beautiful coast and offers excellent transport links, with bus services directly across the road providing easy access to Newcastle city centre or the coast. This home is perfect for families, with numerous schools nearby, including the highly regarded St. Thomas More Academy just around the corner.

Upon entering, you are greeted by a central hallway that leads to a spacious living/dining room. This bright area, featuring a large window, provides ample space for your desired furnishings. Adjacent to the living room is a charming conservatory, which offers access to the rear garden through elegant double patio doors. The kitchen is designed for both functionality and style, with a dining area at an elegant bar, attractive wall and base units, and sleek countertops. Integrated appliances include a wine cooler, dishwasher, and double range oven. The kitchen is complemented by a convenient utility room with access to the garage.

The first floor of this home reveals four generously sized bedrooms. Bedroom 2 benefits from an ensuite and a unique mezzanine, adding a quirky element to the room. Bedroom 4 offers versatile options, making it ideal as a dressing room or home office. The family bathroom on this floor is well-appointed, featuring a bathtub, shower, hand basin, and W.C.

Externally, this property offers a large garden laid to lawn, with an ample patio area perfect for outdoor furniture. Additionally, there is a single garage and a double driveway, providing ample parking space. This home truly combines comfort, style, and convenience, making it an ideal choice for any family.

Living/Dining Room - 6.84 x 3.65 (22'5" x 11'11") -

Kitchen/Diner - 5.53 x 2.38 (18'1" x 7'9") -

Utility Room - 2.45 x 2.19 (8'0" x 7'2") -

Conservatory - 2.95 x 2.74 (9'8" x 8'11") -

Garage - 2.19 x 6.71 (7'2" x 22'0") -

Bedroom 1 - 3.49 x 3.26 (11'5" x 10'8") -

Bedroom 2 - 2.19 x 6.71 (7'2" x 22'0") -

En-Suite - 2.11 x 2.19 (6'11" x 7'2") -

Bedroom 3 - 3.26 x 3.10 (10'8" x 10'2") -

Bathroom - 2.28 x 1.84 (7'5" x 6'0") -

Mezzanine - 2.64 x 2.19 (8'7" x 7'2") -

Agent Details

Signature, Tynemouth

0191 743 7187

Next Steps?

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