2 Bed Flat, Single Let, North Shields, NE29 6HF, £150,000

Dolphin Quay, North Shields, NE29 6HF - 5 months ago

Leasehold

BTL

~68 m²

+7 photos

ValuationOvervalued

Sold Prices	£45K - £340K
Sold Prices/m²	£710/m² - £3.3K/m²

Square Metres	~68.11 m²
Price/m²	£2.2K/m²
Value Estimate	£120,603£120,603

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£37,500£37,500
Stamp Duty & Legal Fees	£5,700£5,700
Total Cash In	£43,200£43,200

Cash Out
Rent Range	£475 - £1,545£475 - £1,545
Rent Estimate	£550
Running Costs/mo	£599£599
Cashflow/mo	£-49£-49
Cashflow/yr	£-585£-585
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £45K to £340K, average is £125K. £710/m² to £3.3K/m², average is £1.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£160K	03/21	0.06 mi	3, Howard Street, North Shields, Tyne And Wear NE30 1AW	£2,353	68	2	Flat
£127.5K	10/23	0.06 mi	29, Union Stairs, North Shields, Tyne And Wear NE30 1NE	£1,864	68	2	Flat
£130K	04/21	0.06 mi	12, Union Stairs, North Shields, Tyne And Wear NE30 1NE	£2,203	59	2	Flat
£120K	06/21	0.06 mi	27, Union Stairs, North Shields, Tyne And Wear NE30 1NE	£1,935	62	2	Flat
£130K	08/23	0.06 mi	24, Union Stairs, North Shields, Tyne And Wear NE30 1NE	£2,131	61	2	Flat
£125K	03/23	0.06 mi	1, Union Stairs, North Shields, Tyne And Wear NE30 1NE	£2,193	57	2	Flat
£120K	10/22	0.06 mi	9, Union Street, North Shields, Tyne And Wear NE30 1NL	£2,034	59	2	Flat
£155K	09/21	0.09 mi	10, Union Street, North Shields, Tyne And Wear NE30 1NL	-	-	2	Flat
£131.5K	04/23	0.09 mi	22, Union Street, North Shields, Tyne And Wear NE30 1NL	-	-	2	Flat
£137K	08/21	0.09 mi	5, Union Street, North Shields, Tyne And Wear NE30 1NL	-	-	2	Flat
£145K	05/23	0.11 mi	17, Camden Square, North Shields, Tyne And Wear NE30 1NR	-	-	2	Flat
£88K	06/21	0.15 mi	24, Yeoman Street, North Shields, Tyne And Wear NE29 6NL	£1,309	67	2	Flat
£90K	05/21	0.15 mi	9, Little Bedford Street, North Shields, Tyne And Wear NE29 6NW	£1,098	82	2	Flat
£63K	10/21	0.15 mi	9a, Little Bedford Street, North Shields, Tyne And Wear NE29 6NW	£840	75	2	Flat
£260K	06/24	0.23 mi	8 Collingwood Mansions, New Quay, North Shields, Tyne And Wear NE29 6HA	-	-	2	Flat
£240K	02/21	0.23 mi	24 Collingwood Mansions, New Quay, North Shields, Tyne And Wear NE29 6HA	-	-	2	Flat
£340K	05/23	0.23 mi	2 Collingwood Mansions, New Quay, North Shields, Tyne And Wear NE29 6HA	-	-	2	Flat
£67K	01/21	0.23 mi	37, Stanley Street, North Shields, Tyne And Wear NE29 6RH	£1,081	62	2	Flat
£63K	05/21	0.26 mi	8, William Street, North Shields, Tyne And Wear NE29 6RJ	£759	83	2	Flat
£63K	05/21	0.26 mi	8, William Street, North Shields, Tyne And Wear NE29 6RJ	£759	83	2	Flat
£94K	12/22	0.26 mi	10, Greens Place, South Shields, Tyne And Wear NE33 2AE	-	-	2	Flat
£101.7K	03/24	0.31 mi	45, River Drive, South Shields, Tyne And Wear NE33 1TL	£1,240	82	2	Flat
£56.5K	07/23	0.31 mi	9b, William Street West, North Shields, Tyne And Wear NE29 6RL	£974	58	2	Flat
£115K	01/21	0.32 mi	115, Stephenson Street, North Shields, Tyne And Wear NE30 1ER	£1,597	72	2	Flat
£195K	06/21	0.33 mi	17, Renaissance Point, North Shields, Tyne And Wear NE30 1LA	£2,566	76	2	Flat
£181K	02/24	0.33 mi	11, Renaissance Point, North Shields, Tyne And Wear NE30 1LA	£2,996	60	2	Flat
£112K	10/20	0.33 mi	10, Renaissance Point, North Shields, Tyne And Wear NE30 1LA	£1,600	70	2	Flat
£152.5K	06/24	0.38 mi	19, Long Row, South Shields, Tyne And Wear NE33 1JA	£2,383	64	2	Flat
£147.4K	04/24	0.38 mi	22, Long Row, South Shields, Tyne And Wear NE33 1JA	£2,403	61	2	Flat
£120K	07/23	0.4 mi	23, Grey Street, North Shields, Tyne And Wear NE30 2DZ	£1,846	65	2	Flat
£45K	02/23	0.41 mi	56, Vicarage Street, North Shields, Tyne And Wear NE29 6SJ	£710	63	2	Flat
£69K	04/21	0.43 mi	47, Seymour Street, North Shields, Tyne And Wear NE29 6SN	£972	71	2	Flat
£95K	12/20	0.43 mi	12, Military Road, North Shields, Tyne And Wear NE30 2AB	-	-	2	Flat
£159.9K	07/23	0.44 mi	25, Drummond Terrace, North Shields, Tyne And Wear NE30 2AW	£1,999	80	2	Flat
£76.5K	03/21	0.45 mi	143, West Percy Street, North Shields, Tyne And Wear NE29 0BY	£1,142	67	2	Flat
£164.9K	09/23	0.46 mi	35, Fontburn Terrace, North Shields, Tyne And Wear NE30 2AE	£2,170	76	2	Flat
£164.9K	09/23	0.46 mi	33, Fontburn Terrace, North Shields, Tyne And Wear NE30 2AE	-	-	2	Flat
£114K	08/21	0.46 mi	37, North King Street, North Shields, Tyne And Wear NE30 2HS	£1,898	60	2	Flat
£154K	03/23	0.46 mi	54, Tynemouth Road, North Shields, Tyne And Wear NE30 1EE	£1,833	84	2	Flat
£128.3K	10/22	0.48 mi	124, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR	-	-	2	Flat
£132.5K	10/23	0.49 mi	39, Coburg Street, North Shields, Tyne And Wear NE30 2HX	£1,771	75	2	Flat
£80K	02/23	0.5 mi	17, Brannen Street, North Shields, Tyne And Wear NE29 0EH	£1,174	68	2	Flat
£53.5K	07/21	0.5 mi	98, Seymour Street, North Shields, Tyne And Wear NE29 6SS	£991	54	2	Flat
£150K	04/24	0.5 mi	16, Spring Gardens Court, North Shields, Tyne And Wear NE29 0AN	-	-	2	Flat
£200K	04/21	0.51 mi	33, Harbour View, South Shields, Tyne And Wear NE33 1LS	£2,381	84	2	Flat
£125K	02/23	0.51 mi	55, Harbour View, South Shields, Tyne And Wear NE33 1LS	-	-	2	Flat
£260K	10/23	0.51 mi	49, Harbour View, South Shields, Tyne And Wear NE33 1LS	£3,291	79	2	Flat
£92K	06/23	0.51 mi	142, Chirton West View, North Shields, Tyne And Wear NE29 0EN	£1,314	70	2	Flat
£100K	02/21	0.51 mi	21, Jackson Street, North Shields, Tyne And Wear NE30 2HT	£1,366	73	2	Flat
£100K	02/21	0.51 mi	23, Jackson Street, North Shields, Tyne And Wear NE30 2HT	£1,695	59	2	Flat

Local Rents

50 rents from £475/mo to £1.5K/mo, average is £750/mo.

Rent	Date	Distance	Address	Beds	Type
£700	06/24	0.01 mi	-	2	Flat
£700	06/24	0.01 mi	Dolphin Quay, North Shields, NE29	2	Flat
£825	07/24	0.07 mi	Union Stairs, North Shields, NE30	2	Flat
£900	07/24	0.07 mi	Union Stairs, North Shields, Tyne and Wear, NE30 1NE	2	Flat
£750	06/24	0.08 mi	Union Stairs, North Shields	2	Flat
£1,400	05/24	0.13 mi	Shepherds Quay, Clive Street, North Shields, NE29 6LF	2	Flat
£725	05/24	0.13 mi	Norfolk Street, North Shields	2	Flat
£775	06/24	0.14 mi	-	2	Flat
£750	08/24	0.14 mi	-	2	Flat
£750	06/24	0.14 mi	Saville Street, North Shields, NE30	2	Flat
£725	12/24	0.15 mi	-	2	Flat
£725	12/24	0.15 mi	-	2	Flat
£695	05/24	0.15 mi	Lower Rudyerd Street, North Shields	2	Flat
£1,100	06/24	0.16 mi	Apartment 3, Block C, Shepherds Quay, North Shields, NE29 6LJ	2	Flat
£595	07/24	0.21 mi	Laet Street, North Shields. NE29 6NN	2	Flat
£1,100	04/25	0.21 mi	-	2	Flat
£550	07/24	0.23 mi	Rudyerd Street, North Shields, NE29	2	Flat
£600	11/24	0.23 mi	-	2	Flat
£865	11/24	0.25 mi	-	2	Flat
£900	05/24	0.25 mi	The Chain Locker, Duke Street, North Shields, Tyne and Wear, NE29 6HB	2	Flat
£1,150	12/23	0.25 mi	-	2	Flat
£475	09/23	0.27 mi	-	2	Flat
£575	07/24	0.28 mi	Addison Street, North Shields, NE29 6LR	2	Flat
£650	03/24	0.3 mi	Stephenson House, Stephenson Street, North Shields, Tyne & Wear, NE30	2	Flat
£800	06/24	0.31 mi	River Drive, South Shields	2	Flat
£1,000	05/24	0.31 mi	Union Quay, North Shields	2	Flat
£650	05/24	0.31 mi	William Street West, North Shields, Tyne and Wear, NE29 6RL	2	Flat
£800	05/24	0.32 mi	Duke Street, Smiths Dock, North Shields	2	Flat
£1,000	07/24	0.32 mi	Smokehouse One, North Shields	2	House
£695	02/25	0.34 mi	-	2	Flat
£1,250	05/24	0.34 mi	Smokehouse Two, Duke Street, Smiths Dock, North Shields, NE29	2	Flat
£1,000	05/24	0.36 mi	The Irvin Building, North Shields, Tyne & Wear, NE30	2	Flat
£1,250	07/24	0.37 mi	Irvin Building, North Shields. NE30 1BH STUNNING APARTMENT	2	Flat
£650	05/24	0.38 mi	West Percy Street, North Shields	2	Flat
£650	06/24	0.39 mi	Stanley Street West, North Shields	2	Flat
£800	05/24	0.4 mi	Howdon Road, North Shields	2	Flat
£695	07/24	0.4 mi	Grey Street, North Shields	2	Flat
£725	12/24	0.4 mi	-	2	Flat
£1,545	02/24	0.4 mi	-	2	Flat
£750	06/24	0.41 mi	Howdon Road, North Shields, NE29	2	Flat
£865	02/25	0.41 mi	-	2	Semi-Detached House
£622	01/25	0.41 mi	-	2	Flat
£925	08/24	0.42 mi	Harbour Apartments, East Percy Street	2	Flat
£550	05/24	0.42 mi	Vicarage Street, North Shields. NE29 6SJ	2	Flat
£750	05/24	0.43 mi	Military Road, North Shields	2	Flat
£795	06/24	0.44 mi	Drummond Terrace, North Shields, Tyne and Wear, NE30	2	Terraced House
£895	07/24	0.45 mi	-	2	Flat
£795	03/25	0.45 mi	-	2	Flat
£675	06/24	0.45 mi	West Percy Street, North Shields. NE29 0BY	2	Flat
£850	01/25	0.45 mi	-	2	Flat

Local Area Statistics

Population in NE29	35,92335,923
Population in North Shields	57,93157,931
Town centre distance	0.74 miles away0.74 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.27 miles away0.27 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-14%-14%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+26%+26%

Property History

Listed for £150,000

November 27, 2024

Floor Plans

Description

TWO BEDROOMS +
SECOND FLOOR APARTMENT +
NO UPPER CHAIN +
TWO BALCONIES +
BRIGHT & AIRY +
LIFT +
SECURE OFF STREET PARKING +
OPEN RIVER VIEWS +

WELL PROPORTIONED TWO BEDROOM SECOND FLOOR APARTMENT WITH TWO BALCONIES OFFERING WONDERFUL RIVER VIEWS SITUATED ON THE POPULAR NORTH SHIELDS FISH QUAY - NO UPPER CHAIN

Brannen & Partners welcome to the market this attractive two bedroom second floor apartment which is conveniently located on the popular Fish Quay in North Shields. Boasting bright and airy accommodation with two balconies overlooking the River Tyne and secure off street parking.

Briefly comprising: Secure communal entrance with a lift and stairs to all floors. The private hallway has an intercom system and offers access to all rooms and also benefits from a storage cupboard. The bright and airy lounge/diner is a sizeable room which boasts wonderful open views over the river and a door gives access out to a private balcony. The kitchen has fitted wall and base units which includes an integrated electric hob, oven and extractor fan. There is space for a freestanding fridge/freezer and plumbing for a washing machine. Both bedrooms are a good size, particularly the main bedroom which features French doors opening out to another private balcony. The bathroom comprises a bath with shower over, hand basin and W.C.

Externally there is a secure designated parking bay which is accessed via a remote electric gate.

Situated on the Fish Quay in North Shields offering an extensive array of restaurants, bars and cafe's. Only a short walk to the centre of North Shields for local shops, amenities and the Metro station. Tynemouth Village is also within walking distance and has a great choice of shops, restaurants, award winning Long Sands Beach and is host to a weekend market.

Secure Communal Entrance -

Private Hallway -

Lounge/Diner - 6.94m x 3.29m (22'9" x 10'9") -

Kitchen - 2.99m x 1.87m (9'9" x 6'1") -

Bedroom One - 5.54m x 2.48m (18'2" x 8'1") -

Bedroom Two - 3.01m x 2.44m (9'10" x 8'0") -

Bathroom - 2.64m x 1.47m (8'7" x 4'9") -

Externally -

Tenure - Leasehold

Agent Details

Brannen & Partners, Tynemouth

0191 625 0803

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

4 Bed Flat, Single Let, North Shields, NE29 6HF

£330,000

3 months ago • 127 m²

Sold STC