2 Bed Bungalow, Single Let, North Shields, NE30 3JF, £299,950

4 BRAESIDE CLOSE, NORTH SHIELDS NE30 3JF - 4 months ago

Under Offer
BTL
~101 m²
+9 photos

ValuationUndervalued

Sold Prices£165K - £495K
Sold Prices/m²£2.4K/m² - £6.3K/m²

 

 

Square Metres

~101.22 m²
Price/m²£3K/m²

Value Estimate

£359,940
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£74,988

Stamp Duty & Legal Fees

£18,695

Total Cash In

£93,683

 

 

Cash Out

 

Rent Range

£595 - £2,000

Rent Estimate

£703

Running Costs/mo

£1,098

Cashflow/mo

£-395

Cashflow/yr

£-4,739

Gross Yield

3%

Local Sold Prices

51 sold prices from £165K to £495K, average is £275.3K. £2.4K/m² to £6.3K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£287.5K06/230 mi7, Braeside Close, North Shields, Tyne And Wear NE30 3JF2
£188.5K02/210.03 mi10, Hambledon Avenue, North Shields, Tyne And Wear NE30 3HT2
£285K06/210.03 mi26, Hambledon Avenue, North Shields, Tyne And Wear NE30 3HT2
£285K10/230.06 mi10, Highcross Road, North Shields, Tyne And Wear NE30 3JG2
£275K12/220.09 mi46, Beresford Road, North Shields, Tyne And Wear NE30 3JB2
£325K10/230.09 mi42, Beresford Road, North Shields, Tyne And Wear NE30 3JB2
£250K10/220.09 mi47, Beresford Road, North Shields, Tyne And Wear NE30 3JB2
£277.3K06/210.1 mi20, Hampton Road, North Shields, Tyne And Wear NE30 3HP2
£360K10/220.1 mi12, Cardigan Grove, North Shields, Tyne And Wear NE30 3HN2
£334K03/230.11 mi21, Cardigan Grove, North Shields, Tyne And Wear NE30 3HN2
£280K01/210.12 mi15, Beresford Road, North Shields, Tyne And Wear NE30 3JQ2
£365K08/230.12 mi25, Beresford Road, North Shields, Tyne And Wear NE30 3JQ2
£240K03/210.15 mi98, Farringdon Road, North Shields, Tyne And Wear NE30 3HA2
£280K02/230.15 mi14, Tilbury Grove, North Shields, Tyne And Wear NE30 3HL2
£280K11/230.15 mi10, Tilbury Grove, North Shields, Tyne And Wear NE30 3HL2
£250K10/200.16 mi32, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£245K11/200.16 mi39, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£330K04/230.16 mi3, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£280K08/230.16 mi10, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£350K10/230.16 mi28, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£423K12/230.16 mi42, Shaftesbury Crescent, North Shields, Tyne And Wear NE30 3LS2
£355K01/230.17 mi15, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£286K10/210.18 mi22, Sandfield Road, North Shields, Tyne And Wear NE30 3LY2
£375K04/230.18 mi24, Sandfield Road, North Shields, Tyne And Wear NE30 3LY2
£329K10/230.18 mi8, Sandfield Road, North Shields, Tyne And Wear NE30 3LY2
£328K08/210.18 mi17, Lorton Avenue, North Shields, Tyne And Wear NE30 3UR2
£270K06/210.21 mi48, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BD2
£225K03/210.22 mi43, Thirlmere Avenue, North Shields, Tyne And Wear NE30 3UN2
£320K03/220.22 mi39, Thirlmere Avenue, North Shields, Tyne And Wear NE30 3UN2
£180K09/230.22 mi27, Penrith Avenue, North Shields, Tyne And Wear NE30 3UH2
£169K03/210.23 mi10, Solway Avenue, North Shields, Tyne And Wear NE30 3AY2
£230K02/210.26 mi15, Torver Way, North Shields, Tyne And Wear NE30 3UP2
£285K08/230.26 mi5, Torver Way, North Shields, Tyne And Wear NE30 3UP2
£265K03/210.26 mi4, Broadway Close, North Shields, Tyne And Wear NE30 3LN2
£315K01/210.26 mi5, Broadway Close, North Shields, Tyne And Wear NE30 3LN2
£275.3K11/200.26 mi33, Solway Avenue, North Shields, Tyne And Wear NE30 3AZ2
£268K10/220.27 mi33, Torver Way, North Shields, Tyne And Wear NE30 3UW2
£225K11/220.3 mi4, Kirklinton Road, North Shields, Tyne And Wear NE30 3AX2
£192.5K03/230.31 mi27, Ennerdale Road, North Shields, Tyne And Wear NE30 3BJ2
£195K08/230.35 mi23, Zetland Drive, Whitley Bay, Tyne And Wear NE25 8UW2
£195K08/230.35 mi23, Zetland Drive, Whitley Bay, Tyne And Wear NE25 8UW2
£240K02/210.36 mi3, Hayton Road, Cullercoats, North Shields, Tyne And Wear NE30 3UE2
£495K08/230.36 mi9, Hayton Road, Cullercoats, North Shields, Tyne And Wear NE30 3UE2
£165K12/200.36 mi63, Hillheads Court, Whitley Bay, Tyne And Wear NE25 8RY2
£179.9K11/220.36 mi43, Hillheads Court, Whitley Bay, Tyne And Wear NE25 8RY2
£225K08/210.36 mi1, Blencathra, North Shields, Tyne And Wear NE30 3UB2
£400K06/230.37 mi19, Fairfield Drive, North Shields, Tyne And Wear NE30 3AF2
£172K09/210.37 mi29, Hillheads Court, Whitley Bay, Tyne And Wear NE25 8RY2
£200K08/210.38 mi70, Hartington Road, North Shields, Tyne And Wear NE30 3SF2
£230K05/230.38 mi54, Hartington Road, North Shields, Tyne And Wear NE30 3SF2
£230K10/230.38 mi64, Hartington Road, North Shields, Tyne And Wear NE30 3SF2

Local Rents

50 rents from £595/mo to £2K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£85005/240.26 miFarringdon Road, Marden Estate, North Shields2
£74008/240.37 mi-2
£74007/240.37 miMarden Road South, Whitley Bay, NE252
£97505/240.55 miLinks Road, North Shields2
£99512/230.56 mi-2
£90008/240.59 miStation Road, Cullercoats, North Shields, Tyne and Wear, NE302
£70006/240.62 miClifton Terrace, Whitley Bay2
£79506/240.63 mi-2
£60005/240.64 mi-2
£1,15004/240.64 mi-2
£1,15005/240.64 miBeach Croft Avenue, North Shields, NE302
£69505/240.64 miAlnwick Avenue, Whitley Bay2
£95004/250.65 mi-2
£75006/240.65 miVictoria Mews2
£69505/240.66 miAlnwick Avenue, Whitley Bay2
£82508/240.66 mi-2
£70003/230.66 mi-2
£77003/250.68 mi-2
£1,10007/240.69 miBeverley Terrace, Cullercoats2
£79508/240.7 mi-2
£85005/240.71 miSouth Parade, Whitley Bay, Tyne and Wear, NE262
£80005/240.74 miPark Parade, Whitley Bay2
£85006/240.74 miPark Parade, Whitley Bay2
£75012/240.74 miSouth Parade, Whitley Bay2
£75008/230.75 mi-2
£79508/240.75 miClosefield Grove, Whitley Bay, Tyne and Wear, NE25 8SU2
£2,00007/240.75 mi-2
£59506/230.76 mi-2
£59507/230.76 mi-2
£80007/240.77 miNorth Parade, Whitley Bay, Tyne and Wear, NE262
£89904/250.78 mi-2
£85007/240.78 miNorth Parade, Whitley Bay. NE26 1PA **SUPER STANDARD**2
£80011/230.78 mi-2
£95006/240.78 miEsplanade, Whitley Bay, Tyne and Wear, NE262
£79508/240.79 mi-2
£80006/240.8 miAthol Gardens, Whitley Bay2
£1,30003/250.81 miNewlands, Whitley Bay2
£75005/240.82 miEsplanade, Whitley Bay. NE26 2AL2
£82507/240.82 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AL2
£1,15006/240.83 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£1,40007/240.83 mi55 Esplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£85005/240.83 miBurnside House, Rockcliffe Gardens, Whitley Bay2
£89506/240.84 miSouth Parade, Whitley Bay2
£72505/240.84 miParkside Court, Whitley Bay2
£75001/240.84 mi-2
£1,10005/240.85 miMontague Apartments, Whitley Bay2
£1,40005/240.85 miMontague Apartments, Whitley Bay2
£1,15006/240.85 miMontague Apartments, Whitley Bay2
£97505/240.9 mi-2
£97505/240.9 mi-2

Local Area Statistics

Population in NE30

21,977

Population in North Shields

57,931

Town centre distance

1.37 miles away

Nearest school

0.10 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £299,950

December 19, 2024

Floor Plans

Description

  • TWO BEDROOM SEMI DETACHED BUNGALOW +
  • SITUATED ON A CORNER PLOT WITHIN A HIGHLY SOUGHT AFTER RESIDENTIAL LOCATION +
  • NO UPPER CHAIN +
  • WELCOMING RECEPTION ROOM +
  • DINING ROOM +
  • KITCHEN DINER +
  • BATHROOM +
  • ATTACHED GARAGE +
  • FRONT GARDEN WITH DRIVEWAY PARKING & SUBSTANTIAL REAR GARDEN +
  • EPC RATING D +

This well converted, semi detached bungalow is perfectly located in a cul de sac in the popular and highly sought after Marden Farm Estate residential location. The property has a beautiful outlook over a green to the front, it displays a variety of features, has no upper chain and is ideal for a range of buyers.

With over 1080 square foot of accommodation this lovely property comprises of an entrance hallway with doors to a light and spacious reception room with stone built fireplace and sliding doors to the rear garden. There is a kitchen diner benefitting from a range of units with contrasting worktops, integrated double oven, hob and space for fridge freezer and doors to the attached garage. Also from the hallway, there are doors to a bedroom with fitted wardrobes and views over the green, a bathroom with panelled bath, pedestal washbasin and low level WC. There is also a dining room, with stairs to the first floor landing and from the landing there is a further stylish bedroom. Externally there is a low maintenance front garden with driveway parking for two cars and a south west facing rear garden.

The fabulous location, generous size and huge potential of this property makes for an exciting opportunity which can only truly be appreciated by a visit.

Marden Farm residential estate is an extremely popular area within North Shields, a vibrant fishing town which embraces its heritage as proudly as it welcomes modernization. It enjoys exceptional public transport in to its neighbouring towns, is convenient for the metro, has excellent schools and a good selection of local shopping and cafe culture, close to excellent beaches at Cullercoats and Whitley Bay.

Entrance Hallway - 2.90m x 0.99m (9'6" x 3'3") -

Reception Room - 5.38m x 3.58m (17'8" x 11'9") -

Dining Room - 3.12m x 2.59m (10'3" x 8'6") -

Bedroom - 3.99m x 3.61m (13'1" x 11'10") -

Kitchen Diner - 4.57m x 2.72m (15'0" x 8'11") -

Bathroom Wc - 1.93m x 1.65m (6'4" x 5'5") -

Landing -

Bedroom - 6.48m x 3.66m (21'3" x 12'0") -

Garage - 5.18m x 2.92m (17 x 9'7) -

Front Garden -

Rear Garden -

Agent Details

Embleys Estate Agents, Whitley Bay

0191 625 0931

Next Steps?

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