5 Bed Terraced House, Potential PLO/LOA, South Shields, NE34 0LH, £249,995

Strathmore Gardens, South Shields, Tyne and Wear, NE34 0LH - 3 views - 4 months ago

Sold STC
Negative Equity
~178 m²
+27 photos

ValuationUndervalued

Sold Prices£162.5K - £1.9M
Sold Prices/m²£1.3K/m² - £7.2K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.4K/m²

Value Estimate

£307,494
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,499

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,199

 

 

Cash Out

 

Rent Range

£550 - £3,300

Rent Estimate

£585

Running Costs/mo

£918

Cashflow/mo

£-333

Cashflow/yr

£-3,999

Gross Yield

3%

Local Sold Prices

39 sold prices from £162.5K to £1.9M, average is £410K. £1.3K/m² to £7.2K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£900K01/230.66 mi136, Wenlock Road, South Shields, Tyne And Wear NE34 9AL5
£295K11/230.88 mi157, Stanhope Road, South Shields, Tyne And Wear NE33 4RU5
£440K10/230.94 mi151, King George Road, South Shields, Tyne And Wear NE34 0EU5
£222.5K02/211 mi20, Palmerston Street, South Shields, Tyne And Wear NE33 5LT5
£340K06/211.17 mi1, King George Road, South Shields, Tyne And Wear NE34 0SP5
£410K04/231.19 mi40, Langford Drive, Boldon Colliery, Tyne And Wear NE35 9LJ5
£383K12/201.19 mi58, Langford Drive, Boldon Colliery, Tyne And Wear NE35 9LJ5
£417.5K08/221.21 mi22, High Trees, South Shields, Tyne And Wear NE34 8EW5
£350K06/211.29 mi11, Sunniside Drive, South Shields, Tyne And Wear NE34 8DH5
£380K03/211.29 mi15, Berkeley Close, Boldon Colliery, Tyne And Wear NE35 9LQ5
£280K11/231.34 mi28, Sunderland Road, South Shields, Tyne And Wear NE33 4UR5
£540K03/211.34 mi95, Cleadon Lea, Cleadon, Sunderland, Tyne And Wear SR6 7TG5
£382.5K12/201.37 mi53, St Georges Avenue, South Shields, Tyne And Wear NE33 3EH5
£410K09/221.43 mi23, Langdale Way, East Boldon, Tyne And Wear NE36 0UG5
£595K03/211.48 mi1, The Close, Cleadon, Sunderland, Tyne And Wear SR6 7RG5
£495K10/211.49 mi77, Langdale Way, East Boldon, Tyne And Wear NE36 0UF5
£675K03/221.5 mi16, Westoe Village, South Shields, Tyne And Wear NE33 3EB5
£250K09/231.52 mi168, Westoe Road, South Shields, Tyne And Wear NE33 3PH5
£225K05/211.54 mi10, St Michaels Avenue, South Shields, Tyne And Wear NE33 3AN5
£222K05/231.55 mi11, Horsley Hill Road, South Shields, Tyne And Wear NE33 3ET5
£304.6K12/201.57 mi3, North Road, East Boldon, Tyne And Wear NE36 0DL5
£493.5K04/211.58 mi121, Whitburn Road, Cleadon, Sunderland, Tyne And Wear SR6 7QX5
£215K08/211.58 mi21, Mowbray Road, South Shields, Tyne And Wear NE33 3DH5
£735K08/241.59 mi4, The Crescent, Cleadon, Sunderland, Tyne And Wear SR6 7QZ5
£426K08/211.61 mi7, Yellow Leas Farm, East Boldon, Tyne And Wear NE36 0SL5
£426K08/211.62 mi7, Yellow Leas Farm, East Boldon, Tyne And Wear NE36 0SL5
£375K07/241.63 mi22, Cleadon Meadows, Cleadon, Sunderland, Tyne And Wear SR6 7PH5
£425K08/231.63 mi33, Cleadon Meadows, Cleadon, Sunderland, Tyne And Wear SR6 7PH5
£425K08/231.63 mi33, Cleadon Meadows, Cleadon, Sunderland, Tyne And Wear SR6 7PH5
£370K06/211.67 mi34, St Bedes, East Boldon, Tyne And Wear NE36 0LF5
£407.5K05/241.69 mi12, St Bedes, East Boldon, Tyne And Wear NE36 0LE5
£162.5K08/151.69 mi26, Southfield Road, South Shields, Tyne And Wear NE34 6HJ-
£280K07/241.69 mi60, Mowbray Road, South Shields, Tyne And Wear NE33 3AX5
£875K08/231.72 mi6, Sunniside Lane, Cleadon, Sunderland, Tyne And Wear SR6 7XB5
£568K09/231.72 miIdylwild, Dipe Lane, East Boldon, Tyne And Wear NE36 0PH5
£930K06/211.76 mi43, Laburnum Grove, Cleadon, Sunderland, Tyne And Wear SR6 7RJ5
£950K12/221.89 mi14, Whitburn Road, Cleadon, Sunderland, Tyne And Wear SR6 7QP5
£525K07/231.96 mi34, Broadlands, Cleadon, Sunderland, Tyne And Wear SR6 7RD5
£1.9M07/232 mi2, West Meadows Road, Sunderland, Tyne And Wear SR6 7TX5

Local Rents

31 rents from £550/mo to £3.3K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£1,37502/250.09 mi-4
£77510/240.18 mi-3
£75005/240.19 miBoldon Lane, South Shields4
£77501/250.22 mi-3
£65005/230.25 mi-3
£65005/230.25 mi-3
£58502/240.27 mi-3
£80006/240.31 miWear Court, South Shields3
£75007/240.31 miWest Harton, South Shields, NE34 0BU3
£75007/240.31 miWest Harton, South Shields, NE34 0BU3
£79507/240.31 mi-3
£79506/240.31 miWadham Terrace, South Shields, NE343
£3,30002/250.33 mi-3
£75004/240.36 mi-3
£75006/240.36 mi-3
£72505/240.39 miWhiteleas Way, South Shields3
£69511/230.44 mi-3
£83006/240.44 mi-3
£83005/240.44 miGerald Street, South Shields, NE343
£83006/240.44 miGerald Street, South Shields, NE343
£60005/240.5 mi-3
£55007/240.5 miStanhope Road, South Shields, Tyne and Wear, NE333
£75003/250.51 mi-6
£80010/240.51 mi-3
£65003/250.51 mi-3
£62511/240.53 mi-3
£79506/240.53 miVine Street, South Shields3
£60006/240.53 miWest Park, South Shields, NE33 4RG3
£60007/240.53 miWest Park, South Shields, NE33 4RG3
£67507/240.54 miVine Street, South Shields3
£90002/250.54 mi-3

Local Area Statistics

Population in NE34

52,101

Population in South Shields

79,432

Town centre distance

1.09 miles away

Nearest school

0.20 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £249,995

-31%

November 25, 2024

Sold for £327,950

2007

Floor Plans

Description

  • 5 Bedroom Town House +
  • Ready To Move Into +
  • Open Plan Kitchen/Family Room +
  • Downstairs WC +
  • Ample Sized Living Area +
  • Modern Bathroom +
  • Master Bedroom With An En Suite +
  • Parking For Multiple Cars +
  • Detached Garage +
  • Good Location From Transport Links +

This stunning and expansive 5-bedroom, 3-reception room semi detached property is a standout residence, offering versatile living spaces and modern touches throughout. Located just off the John Reid Road, it benefits from quick access to major roadways such as the A1 and A19, making commuting a breeze. It's also conveniently close to local amenities and public transport, including the Tyne Dock Metro station.

Exterior and Entrance As you approach, you’ll immediately notice the striking design of the property. The front garden features sleek grey tiles bordered by a stylish brick wall and black iron fencing, enhancing the home's contemporary aesthetic. A black front door and matching side gate perfectly complement the polished façade.

Step inside to a welcoming tiled hallway, which sets the tone for the rest of the home. To the left, a downstairs toilet offers practicality for busy family life.

Ground Floor The ground floor is thoughtfully designed with a flowing layout, offering two reception rooms and a sleek modern kitchen:

Reception Room 1: Currently used as a dining room, this space is bright and airy, with a large window overlooking the landscaped front garden, creating an inviting atmosphere for family meals or entertaining guests.

Kitchen: The heart of the home, the kitchen features glossy white slab units with silver accent handles, beautifully contrasted by grey wood-look flooring and a black gas hob, oven, and sink. The integrated fridge adds to the clean, streamlined design. Adjacent to the kitchen is a versatile space that can be used as an informal living area, hosting space, or children’s playroom, complete with patio doors leading to the low-maintenance back garden.

Reception Room 2: Positioned at the rear, this space provides flexibility as a cozy family room, home library, or additional play area.

First Floor The first floor is the hub of family activity, offering a generous living room, a double bedroom, and a home office:

Living Room: Spanning the full width of the property, this expansive space is perfect for relaxing or entertaining, with enough room to accommodate multiple seating arrangements and a large TV. Dual-aspect windows flood the room with natural light.

Bedroom 1: A stylish double bedroom featuring a Juliet balcony that invites in fresh air and light. With ample space for wardrobes and furnishings, it offers a serene retreat.

Home Office: Ideal for hybrid workers, this single bedroom is currently configured as an office, providing a quiet and functional workspace.

Second Floor The top floor is a private sanctuary, housing three additional bedrooms and a modern family bathroom:

Main Bedroom: The highlight of this floor, the main bedroom features bespoke bridging wardrobes for optimized storage and a private en-suite bathroom. The en-suite includes a walk-in shower, toilet, and basin, all finished to a high standard.

Bedroom 2: Currently accommodating a single bed, this room has potential to be reconfigured as a double bedroom, offering flexibility to suit your needs.

Bedroom 3: Perfectly sized for use as a nursery, dressing room, or playroom, this space adds to the home’s versatility.

Family Bathroom: This super-modern bathroom is both stylish and practical, featuring full tiling for effortless cleaning. The grey vanity and bath are complemented by sleek black blinds, tying together the contemporary design. A versatile overhead shower, which can also be used as a handheld option, ensures a luxurious and functional bathing experience.

Outdoor Space and Parking The back garden is designed for low-maintenance living, with large paving tiles, a small lawn area, and a sleek black fence. This private outdoor space is ideal for al fresco dining or children’s play. A detached garage provides additional storage or workshop potential, while the driveway comfortably accommodates multiple vehicles.

This exceptional property combines contemporary design, versatile living spaces, and a prime location to create the perfect family home. Don’t miss the opportunity to make it yours—schedule a viewing today!

Agent Details

Browns Estate Agents, South Shields

0191 406 3441

Next Steps?

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