3 Bed Flat, Single Let, North Shields, NE30 2HQ, £174,950

30 PARK CRESCENT EAST, NORTH SHIELDS NE30 2HQ - 2 views - 6 months ago

Under Offer
BTL
ROI: 3%
65 m²
+3 photos

ValuationOvervalued

Sold Prices£65K - £750K
Sold Prices/m²£1K/m² - £5.1K/m²

 

 

Square Metres

65 m²
Price/m²£2.7K/m²

Value Estimate

£129,021

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,738

Stamp Duty & Legal Fees

£6,449

Total Cash In

£50,186

 

 

Cash Out

 

Rent Range

£750 - £2,495

Rent Estimate

£850

Running Costs/mo

£737

Cashflow/mo

£113

Cashflow/yr

£1,359

ROI

3%

Gross Yield

6%

Local Sold Prices

44 sold prices from £65K to £750K, average is £150K. £1K/m² to £5.1K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£160K06/210.01 mi22, Park Crescent East, North Shields, Tyne And Wear NE30 2HQ3
£154K03/210.04 mi67, Kitchener Terrace, North Shields, Tyne And Wear NE30 2HH3
£155K02/210.08 mi48, Donkin Terrace, North Shields, Tyne And Wear NE30 2HF3
£175K03/230.11 mi65, Jackson Street, North Shields, Tyne And Wear NE30 2HY3
£167K02/210.11 mi10, Rosedale Terrace, North Shields, Tyne And Wear NE30 2HP3
£105K11/200.16 mi28, Coburg Street, North Shields, Tyne And Wear NE30 2HX3
£152K07/230.16 mi49a, Park Crescent, North Shields, Tyne And Wear NE30 2HR3
£127K07/210.23 mi41, North King Street, North Shields, Tyne And Wear NE30 2HS3
£84K11/200.23 mi41, North King Street, North Shields, Tyne And Wear NE30 2HS3
£180K04/230.31 mi25, Fontburn Terrace, North Shields, Tyne And Wear NE30 2AE3
£209.7K07/230.32 mi31, Birtley Avenue, North Shields, Tyne And Wear NE30 2RS3
£175K03/210.33 mi9, Birtley Avenue, North Shields, Tyne And Wear NE30 2RR3
£136.3K06/210.37 mi22, Military Road, North Shields, Tyne And Wear NE30 2AB3
£118K03/210.37 mi87, Trevor Terrace, North Shields, Tyne And Wear NE30 2DF3
£137.5K06/210.37 mi85, Belford Terrace, North Shields, Tyne And Wear NE30 2DA3
£150K03/230.37 mi21, Belford Terrace, North Shields, Tyne And Wear NE30 2DA3
£125K03/210.37 mi107, Trevor Terrace, North Shields, Tyne And Wear NE30 2DF3
£116K01/210.37 mi74, Belford Terrace, North Shields, Tyne And Wear NE30 2BZ3
£167.5K08/230.38 mi52, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BU3
£164.9K10/230.38 mi68, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BU3
£130K12/200.38 mi83, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BT3
£150K01/240.45 mi23, Haswell Gardens, North Shields, Tyne And Wear NE30 2DP3
£155K08/230.46 mi122, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR3
£319K09/210.5 mi2, Lovelady Court, Tynemouth, North Shields, Tyne And Wear NE30 4RP3
£325K10/200.5 mi6, Tynemouth Terrace, North Shields, Tyne And Wear NE30 4BH3
£750K10/220.51 mi6, Tynemouth Terrace, North Shields, Tyne And Wear NE30 4BH3
£295K01/230.55 mi46a, Alma Place, North Shields, Tyne And Wear NE29 0LY3
£270K10/220.55 mi2, Arcade Park, North Shields, Tyne And Wear NE30 4HP3
£358K04/210.65 mi48a, Hotspur Street, Tynemouth, North Shields, Tyne And Wear NE30 4EN3
£327.5K08/210.66 mi3, East Street, Tynemouth, North Shields, Tyne And Wear NE30 4EB3
£110K06/210.67 mi57, Salisbury Avenue, North Shields, Tyne And Wear NE29 9PD3
£122.5K09/210.67 mi44, Rosebery Avenue, North Shields, Tyne And Wear NE29 9PQ3
£137K03/230.73 mi22, Cleveland Avenue, North Shields, Tyne And Wear NE29 0NU3
£150.1K11/200.73 mi42, Cleveland Avenue, North Shields, Tyne And Wear NE29 0NU3
£169.9K01/210.74 mi156, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AL3
£115K04/210.76 mi4, Waterville Terrace, North Shields, Tyne And Wear NE29 6RW3
£107K05/230.81 mi112, West Percy Street, North Shields, Tyne And Wear NE29 0DB3
£130K11/220.83 mi12b, Hylton Terrace, North Shields, Tyne And Wear NE29 0EE3
£166K03/230.87 mi48, Tennyson Terrace, North Shields, Tyne And Wear NE29 6LW3
£65K05/210.9 mi16, River Drive, South Shields, Tyne And Wear NE33 1TL3
£120K08/230.91 mi94, Roman Road, South Shields, Tyne And Wear NE33 2AP3
£86.5K01/210.95 mi2, The Nook, North Shields, Tyne And Wear NE29 0JL3
£80.5K01/210.98 mi21b, Lansdowne Terrace West, North Shields, Tyne And Wear NE29 0RW3
£82K12/200.99 mi14, Julian Street, South Shields, Tyne And Wear NE33 2EP3

Local Rents

20 rents from £750/mo to £2.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20008/240.03 miPark Crescent East, North Shields3
£85008/240.05 miKitchener Terrace, North Shields3
£1,15005/240.25 miEdith Street, Tynemouth3
£1,13507/240.29 miBlanchland Terrace, North Shields, Tyne & Wear, NE303
£1,30002/250.3 mi-3
£90008/240.37 miBelford Terrace, North Shields3
£79511/240.37 mi-3
£1,20005/240.39 miKingswood Court,Tynemouth3
£85008/240.42 miMilitary Road, North Shields. NE30 2AB ** GREAT LOCATION **3
£95007/240.42 miBelford Terrace, North Shields, Tyne and Wear, NE30 2BZ3
£75005/240.46 miHaswell Gardens, North Shields3
£1,40007/240.49 miLinskill Street, North Shields3
£1,60007/240.49 miFront Street, Tynemouth3
£1,40007/240.51 miMillview Drive, North Shields3
£1,35005/240.52 miQueensway, Tynemouth3
£1,30006/240.53 mi-3
£95006/240.53 mi-3
£95006/240.53 miQueen Alexandra Road, North Shields, NE293
£85007/240.55 miQueen Alexandra Road, North Shields, Tyne and Wear, NE29 9AR3
£2,49508/230.61 mi-3

Local Area Statistics

Population in NE30

21,977

Population in North Shields

57,931

Town centre distance

0.77 miles away

Nearest school

0.30 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £174,950

September 23, 2024

Floor Plans

Description

  • THREE BEDROOM FIRST FLOOR FLAT +
  • POPULAR RESIDENTIAL LOCATION +
  • SPACIOUS RECEPTION ROOM +
  • CLASSIC KITCHEN +
  • MODERN BATHROOM WC +
  • NO UPPER CHAIN +
  • EPC RATING C +

This lovely, well presented flat is situated on the first floor of a period building and is perfectly located in a superb residential location. It displays a variety of modern features with period charm, has no upper chain and is ideal for a range of buyers.
With over 700 square foot of accommodation this property consists of a vestibule with stairs up to the first floor, spacious reception room, and a classic kitchen benefitting from a range of units with contrasting worktops, integrated single oven, electric hob and chimney hood. There are three bedrooms and a modern bathroom benefitting from a panelled bath with shower over, pedestal wash basin and low level WC. From the kitchen there are stairs down to a small area for bin storage.
The generous size, superb layout an location of this property makes for an exciting opportunity which can only truly be appreciated by a visit.
North Shields is a vibrant fishing town which embraces its heritage as proudly as it welcomes modernization.
North Shields enjoys beaches and parks, Quays and shopping, history and modern facilities. The public transport is excellent and includes the metro system, the local schools are highly sought after and the diverse scenery makes it attractive to retired couples, young couples, first time buyers and families.

Vestibule -

Landing -

Reception Room - 4.11m x 3.56m (13'6 x 11'8) -

Kitchen - 3.99m x 2.06m (13'1 x 6'9) -

Bedroom One - 3.89m x 3.66m (12'9 x 12'0) -

Bedroom Two - 2.92m x 2.26m (9'7 x 7'5) -

Bedroom Three - 2.69m x 2.16m (8'10 x 7'1) -

Bathroom Wc - 2.44m x 1.40m (8'0 x 4'7 ) -

Agent Details

Embleys Estate Agents, Whitley Bay

0191 625 0931

Next Steps?

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