2 Bed Terraced House, Single Let, Newcastle upon Tyne, NE27 0HS, £169,950

South Street, Shiremoor, NE27 0HS - 2 views - 4 months ago

Under Offer
BTL
ROI: 1%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£68.8K - £210K
Sold Prices/m²£883/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£132,438

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,488

Stamp Duty & Legal Fees

£6,299

Total Cash In

£48,786

 

 

Cash Out

 

Rent Range

£525 - £1,050

Rent Estimate

£715

Running Costs/mo

£694

Cashflow/mo

£21

Cashflow/yr

£251

ROI

1%

Gross Yield

5%

Local Sold Prices

52 sold prices from £68.8K to £210K, average is £135K. £883/m² to £3.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£139K12/230.02 mi53, South Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HS2
£98.8K02/230.02 mi72, South Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HS2
£95K03/210.02 mi8, Hector Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HR2
£140K11/230.03 mi41, Wark Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SU2
£119K05/240.03 mi5, Wark Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SU2
£120K11/230.08 mi26, Grange Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SZ2
£122K07/240.08 mi33, Grange Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SZ2
£110K01/240.08 mi23, Grange Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SZ2
£95K10/220.1 mi40, Grange Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SZ2
£125K11/230.14 mi18, Seaton Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SY2
£119K07/230.19 mi6, James Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0QU2
£110K03/240.21 mi15, Lesbury Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NL2
£122.7K06/210.22 mi51, Park Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LJ2
£82K03/210.24 mi52, Park Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LG2
£82K03/210.24 mi52, Park Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LG2
£143K12/220.27 mi23, Beadnell Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HA2
£96K02/210.27 mi16, Beadnell Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HA2
£135K10/230.28 mi18, Belford Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PA2
£135K09/210.29 mi45, Ford Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NS2
£130K09/210.32 mi21, Park Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LH2
£82.1K11/200.34 mi9, Park Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LQ2
£135K09/210.34 mi45, Park Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LQ2
£125.6K01/240.34 mi2, Park Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LQ2
£125K10/220.37 mi19, Brandon Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NJ2
£180K02/210.38 mi8, Allendale Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UE2
£195K02/230.38 mi26, Allendale Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UE2
£175K06/230.38 mi16, Allendale Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UE2
£68.8K05/210.39 mi2, Brandon Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NJ2
£110K06/230.39 mi35, Brandon Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NJ2
£158K06/210.41 mi19, Countess Way, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0FN2
£200K12/220.42 mi31, John Street, Earsdon, Whitley Bay, Tyne And Wear NE25 9LH2
£185K11/220.42 mi14, Glendale Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UD2
£146.5K12/200.42 mi2, Glendale Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UD2
£195K11/210.42 mi2, Glendale Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UD2
£202K12/230.42 mi16, Glendale Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UD2
£154K03/210.44 mi10, Matfen Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TZ2
£145K12/200.45 mi26, Langley Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UB2
£150K11/230.45 mi38, Langley Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UB2
£155K02/240.45 mi14, Langley Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UB2
£170K01/240.45 mi17, Langley Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UB2
£155K02/240.45 mi14, Langley Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UB2
£170K01/240.45 mi17, Langley Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UB2
£112K03/210.45 mi4, Horton Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PX2
£140K01/230.48 mi24, Brenkley Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PR2
£140K08/230.48 mi26, Brenkley Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PR2
£140K12/200.5 mi10, Harbottle Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TX2
£112K04/210.51 mi2, Brunton Close, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PU2
£105K10/220.51 mi88, Park Lane, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TL2
£105K10/210.52 mi90, Park Lane, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TL2
£123.5K02/210.52 mi1, Kirkley Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PT2
£200K06/210.52 mi21, Front Street, Earsdon, Whitley Bay, Tyne And Wear NE25 9JU2
£210K12/220.53 mi14, Waterloo Road, Wellfield, Whitley Bay, Tyne And Wear NE25 9JF2

Local Rents

18 rents from £525/mo to £1.1K/mo, average is £785/mo.

RentDateDistanceAddressBeds 
£72505/240.02 miDukesfield, Earsdon View2
£72009/230.21 mi-2
£79507/240.22 miDukesfield, Shiremoor, Newcastle upon Tyne, Tyne and Wear, NE272
£73505/240.23 miDukesfield, Earsdon View2
£77508/240.24 mi-2
£52504/230.24 mi-2
£77509/240.28 mi-2
£77506/240.3 miBamburgh Crescent, Shiremoor, Newcastle upon Tyne2
£70003/230.34 mi-2
£87503/250.42 mi-2
£80005/240.43 miTrevelyan Close, Earsdon View2
£82512/240.43 miTrevelyan Close, Earsdon View2
£69502/250.5 mi-2
£79905/240.5 miGarden Terrace, Earsdon2
£79905/240.5 miGarden Terrace, Earsdon2
£95006/240.5 miRichardson Gardens, Shiremoor2
£1,00005/240.56 miEdgefield, West Allotment2
£1,05007/240.57 miAngerton Avenue, Shiremoor, Newcastle Upon Tyne2

Local Area Statistics

Population in NE27

12,335

Population in Newcastle upon Tyne

381,037

Town centre distance

6.52 miles away

Nearest school

0.20 miles away

Nearest train station

0.21 miles away

 

 

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

-8%

Property History

Listed for £169,950

December 4, 2024

Floor Plans

Description

Signature North East welcomes you to South Street in Shiremoor. This charming two-bedroom terraced house combines comfort, convenience, and modern living. Situated in a friendly neighbourhood, the property benefits from excellent local amenities and close proximity to Silverlink Retail Park, offering additional shopping and entertainment options. Families will appreciate the reputable schools nearby, as well as the parks and green spaces for outdoor activities. With excellent transport links, including the metro and major roads like the A19 and A1058, commuting and exploring the North East couldn’t be easier.

As you enter, the living room greets you with a large window that fills the space with natural light, creating a warm and inviting setting for family gatherings or relaxation. Adjacent to the living room, a set of internal French doors connects to the dining room and kitchen. The dining area features a stylish fireplace wall with built-in shelves, blending timeless charm with modern convenience. The brand-new kitchen boasts sleek finishes, ample storage with wall and base units, and a peninsula, perfect for casual meals also offers additional counter space. Integrated appliances include a fridge-freezer, dishwasher, washer and dryer ,hob, and oven, with a door leading to the back yard for easy outdoor access.

Upstairs, the first floor offers two generously sized double bedrooms, ideal for guests or family members. The master bedroom includes an en-suite with a walk-in shower. A modern 3-piece family bathroom completes this floor, featuring a bathtub with a built-in TV for ultimate relaxation and underfloor heating for added luxury. The second-floor loft conversion provides two additional bedrooms and a shower room, also with underfloor heating. This versatile space is perfect for a growing family or anyone needing extra room for an office or hobby area.

Living Room - 4.31 x 4.16 (14'1" x 13'7") -

Dining Room - 5.03 x 4.69 (16'6" x 15'4") -

Kitchen - 3.67 x 1.97 (12'0" x 6'5") -

Bedroom One - 5.16 x 3.13 (16'11" x 10'3") -

En Suite - 1.96 x 1.61 (6'5" x 5'3") -

Bedroom Two - 4.07 x 3.13 (13'4" x 10'3") -

Bathroom - 1.96 x 1.88 (6'5" x 6'2") -

Bedroom Three - 3.77 x 2.65 (12'4" x 8'8") -

Bedroom Four - 3.66 x 2.56 (12'0" x 8'4") -

Shower Room - 2.62 x 2.33 (8'7" x 7'7") -

Outside, the property includes a private yard accessed via the kitchen, perfect for alfresco dining or entertaining. The back street offers parking access, with additional on-street parking available without the need for permits.

Agent Details

Signature, Whitley Bay

0191 625 0122

Next Steps?

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