2 Bed Semi-Detached House, Single Let, South Shields, NE34 6PY, £120,000

77 Borough Road, South Shields, Tyne And Wear, NE34 6PY - 4 views - 5 months ago

Sold STC
BTL
65 m²
+11 photos

ValuationUndervalued

Sold Prices£45K - £395K
Sold Prices/m²£776/m² - £4.2K/m²

 

 

Square Metres

65 m²
Price/m²£1.8K/m²

Value Estimate

£138,363
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,950

Total Cash In

£34,950

 

 

Cash Out

 

Rent Range

£475 - £2,000

Rent Estimate

£513

Running Costs/mo

£498

Cashflow/mo

£15

Cashflow/yr

£185

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £45K to £395K, average is £161.3K. £776/m² to £4.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£94.3K09/210.09 mi39, St Marys Avenue, South Shields, Tyne And Wear NE34 6QA2
£390K06/240.21 mi30, Central Avenue, South Shields, Tyne And Wear NE34 6AZ2
£115K02/230.22 mi13, Russell Avenue, South Shields, Tyne And Wear NE34 6PN2
£200K09/230.24 mi27, Central Avenue, South Shields, Tyne And Wear NE34 6AY2
£395K10/230.24 mi21, Central Avenue, South Shields, Tyne And Wear NE34 6AY2
£75K02/210.25 mi72, The High Road, South Shields, Tyne And Wear NE34 6QF2
£220K08/210.26 mi8, Central Gardens, South Shields, Tyne And Wear NE34 6BA2
£230K06/240.26 mi17, Central Gardens, South Shields, Tyne And Wear NE34 6BA2
£220K01/210.26 mi13, Central Gardens, South Shields, Tyne And Wear NE34 6BA2
£242.3K06/230.26 mi8, West Avenue, South Shields, Tyne And Wear NE34 6QU2
£260K01/240.28 mi51, Lisle Road, South Shields, Tyne And Wear NE34 6DH2
£142K01/210.31 mi10, Prince Of Wales Close, South Shields, Tyne And Wear NE34 6QT2
£265K12/220.33 mi70, West Avenue, South Shields, Tyne And Wear NE34 6BD2
£290K06/230.35 mi27, North Avenue, South Shields, Tyne And Wear NE34 6BB2
£200K09/210.37 mi2, St Marys Avenue, South Shields, Tyne And Wear NE34 6AF2
£162.5K12/200.38 mi346, Sunderland Road, South Shields, Tyne And Wear NE34 8BP2
£282.5K07/230.4 mi7, Fairview Avenue, South Shields, Tyne And Wear NE34 6DD2
£200K02/230.43 mi22, Summerhill Road, South Shields, Tyne And Wear NE34 6DT2
£222.5K06/230.43 mi18, Summerhill Road, South Shields, Tyne And Wear NE34 6DT2
£115K03/210.44 mi76, Tanfield Gardens, South Shields, Tyne And Wear NE34 7DY2
£156K01/230.48 mi99, Harton House Road, South Shields, Tyne And Wear NE34 6EB2
£120K02/230.48 mi29, Tanfield Gardens, South Shields, Tyne And Wear NE34 7DX2
£146K11/210.49 mi99, Harton House Road, South Shields, Tyne And Wear NE34 6EB2
£225K02/240.5 mi20, Cleaside Avenue, South Shields, Tyne And Wear NE34 8DQ2
£240K12/200.5 mi6, Cleaside Avenue, South Shields, Tyne And Wear NE34 8DQ2
£105K12/220.52 mi151, Quarry Lane, South Shields, Tyne And Wear NE34 7RB2
£120K06/230.53 mi19, Cragside, South Shields, Tyne And Wear NE34 8QU2
£160K07/230.54 mi167, Harton House Road, South Shields, Tyne And Wear NE34 6EA2
£265K09/230.59 mi26, Clyvedon Rise, South Shields, Tyne And Wear NE34 8DL2
£125K08/230.62 mi34, Harton Rise, South Shields, Tyne And Wear NE34 6DY2
£160K12/200.62 mi39, Harton Rise, South Shields, Tyne And Wear NE34 6DY2
£180K12/200.62 mi11, Heartsbourne Drive, South Shields, Tyne And Wear NE34 8AP2
£230K07/230.63 mi26, Beaconside, South Shields, Tyne And Wear NE34 7PX2
£158.5K06/210.64 mi6, Ganton Court, South Shields, Tyne And Wear NE34 8AW2
£147.5K03/230.66 mi2, Glamis Court, South Shields, Tyne And Wear NE34 8AN2
£159.9K08/210.68 mi1, Horsley Vale, South Shields, Tyne And Wear NE34 6JF2
£242K07/220.69 mi168, Beaconside, South Shields, Tyne And Wear NE34 7PU2
£149.9K09/210.7 mi19, Horsley Vale, South Shields, Tyne And Wear NE34 6JP2
£90K08/230.7 mi81, St Cuthberts Avenue, South Shields, Tyne And Wear NE34 6JZ2
£45.5K01/210.71 mi9, Hollingside Way, South Shields, Tyne And Wear NE34 0HX2
£200K06/230.71 mi245, Mortimer Road, South Shields, Tyne And Wear NE34 0DP2
£175K02/230.75 mi60, Highfield Drive, South Shields, Tyne And Wear NE34 6JE2
£97.5K12/230.75 mi208, Highfield Road, South Shields, Tyne And Wear NE34 6LF2
£167K07/240.75 mi33, Highfield Drive, South Shields, Tyne And Wear NE34 6JD2
£192K03/230.76 mi59, Beacon Glade, South Shields, Tyne And Wear NE34 7QU2
£115K08/230.76 mi71, Cheviot Road, South Shields, Tyne And Wear NE34 7LJ2
£105K08/230.79 mi88, Norham Avenue South, South Shields, Tyne And Wear NE34 7LT2
£117K09/230.79 mi9, Devon Gardens, South Shields, Tyne And Wear NE34 7HY2
£87.8K03/210.79 mi1, Devon Gardens, South Shields, Tyne And Wear NE34 7HY2
£45K01/210.79 mi16, Devon Gardens, South Shields, Tyne And Wear NE34 7HY2

Local Rents

41 rents from £475/mo to £2K/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£67507/240.36 miRedwood Avenue, Cleadon Vale, South Shields, Tyne and Wear, NE34 8DF2
£2,00005/240.5 mi-2
£80004/250.7 mi-2
£79505/240.85 miNora Street, South Shields2
£60012/230.96 mi-2
£65006/241 miWestcott Road, South Shields2
£60004/251 mi-2
£62506/241.01 miAshley Road, South Shields2
£69512/241.03 mi-2
£65004/241.03 mi-2
£69507/241.04 miOxford Avenue, South Shields2
£80007/241.06 miLawrence Avenue, South Shields2
£58509/241.07 mi-2
£65006/241.07 miTalbot Road, South Shields, South Tyneside2
£52003/241.08 mi-2
£75003/251.08 mi-2
£52002/241.08 mi-2
£55007/241.08 mi-2
£55004/251.08 mi-2
£62505/241.1 miGordon Road, South Shields, Tyne and Wear, NE342
£57506/241.1 mi-2
£60011/231.12 mi-2
£65010/231.13 mi-2
£52009/231.13 mi-2
£65012/241.16 miLow Lane, South Shields, Tyne And Wear, NE342
£60004/251.16 mi-2
£62512/231.17 mi-2
£50006/241.17 miWest Harton, South Shields, NE34 0JR2
£70004/251.19 mi-2
£77507/241.19 miIngham House, South Shields2
£65002/241.2 mi-2
£70004/251.22 mi-2
£47512/241.22 mi33 Revesby Street South Shields NE33 4SY2
£60005/241.23 mi-2
£60004/251.23 mi-2
£67002/251.23 mi-2
£65003/251.23 mi-2
£55007/241.23 mi-2
£55006/241.23 miCollingwood Street, South Shields, NE332
£55007/241.23 miCollingwood Street, South Shields, NE332
£69502/241.23 mi-2

Local Area Statistics

Population in NE34

52,101

Population in South Shields

79,432

Town centre distance

0.89 miles away

Nearest school

0.20 miles away

Nearest train station

1.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Price changed to £120,000

March 8, 2025

Listed for £125,000

November 22, 2024

Sold for £115,000

2022

Sold for £15,950

1999

Description

  • Semi Detached +
  • Rear And Front Garden +
  • Off Street Parking +
  • Popular Location +

New to the market this three bedroom semi detached house on the popular Borough Road, South Shields. benefiting from gas central heating and double glazing the property is close to good schools as well as amenities at " The Nook" making a fantastic family home.

Gated front garden with off street parking. Entrance hallway with door to the lounge and stairs to he first floor landing. The Lounge leads through to a conservatory, kitchen, bathroom and w.c. First floor has two bedrooms one of which has been divided into two. Also boasts an enclosed rear garden with decking and lawn.

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, South Shields

0191 625 0219

Next Steps?

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