2 Bed Flat, Single Let, North Shields, NE30 2DF, £145,000

Trevor Terrace, North Shields, NE30 2DF - 2 views - 3 months ago

Sold STC

Leasehold

BTL

ROI: 1%

~62 m²

+5 photos

ValuationOvervalued

Sold Prices	£95K - £175K
Sold Prices/m²	£1.4K/m² - £3K/m²

Square Metres	~62.04 m²
Price/m²	£2.3K/m²
Value Estimate	£114,805£114,805

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£36,250£36,250
Stamp Duty & Legal Fees	£8,450£8,450
Total Cash In	£44,700£44,700

Cash Out
Rent Range	£550 - £1,595£550 - £1,595
Rent Estimate	£647
Running Costs/mo	£603£603
Cashflow/mo	£44£44
Cashflow/yr	£534£534
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £95K to £175K, average is £125K. £1.4K/m² to £3K/m², average is £1.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£115K	11/20	0.01 mi	91, Trevor Terrace, North Shields, Tyne And Wear NE30 2DF	£1,855	62	2	Flat
£105K	11/20	0.01 mi	81, Trevor Terrace, North Shields, Tyne And Wear NE30 2DF	£1,500	70	2	Flat
£125K	12/20	0.01 mi	119, Trevor Terrace, North Shields, Tyne And Wear NE30 2DF	£1,645	76	2	Flat
£107K	11/20	0.02 mi	68, Trevor Terrace, North Shields, Tyne And Wear NE30 2DE	£1,974	54	2	Flat
£110K	01/21	0.02 mi	72, Trevor Terrace, North Shields, Tyne And Wear NE30 2DE	£1,964	56	2	Flat
£113K	09/23	0.02 mi	100, Trevor Terrace, North Shields, Tyne And Wear NE30 2DE	£1,670	68	2	Flat
£121K	05/21	0.03 mi	64, Belford Terrace, North Shields, Tyne And Wear NE30 2BZ	£1,921	63	2	Flat
£121K	05/21	0.03 mi	66, Belford Terrace, North Shields, Tyne And Wear NE30 2BZ	£1,754	69	2	Flat
£120K	04/21	0.03 mi	114, Trevor Terrace, North Shields, Tyne And Wear NE30 2DE	£1,714	70	2	Flat
£110K	01/21	0.04 mi	72, Trevor Terrace, North Shields, Tyne And Wear NE30 2DE	£1,964	56	2	Flat
£129.9K	02/23	0.04 mi	20, Belford Terrace, North Shields, Tyne And Wear NE30 2BZ	£1,969	66	2	Flat
£107.7K	03/21	0.04 mi	84, Belford Terrace, North Shields, Tyne And Wear NE30 2BZ	-	-	2	Flat
£168K	05/23	0.05 mi	85, Belford Terrace, North Shields, Tyne And Wear NE30 2DA	£2,585	65	2	Flat
£168K	05/23	0.05 mi	83, Belford Terrace, North Shields, Tyne And Wear NE30 2DA	£2,947	57	2	Flat
£107K	04/21	0.05 mi	39, Belford Terrace, North Shields, Tyne And Wear NE30 2DA	£1,646	65	2	Flat
£148K	12/23	0.05 mi	63, Belford Terrace, North Shields, Tyne And Wear NE30 2DA	£3,020	49	2	Flat
£110K	11/22	0.06 mi	94, Belford Terrace, North Shields, Tyne And Wear NE30 2BZ	£1,642	67	2	Flat
£147.8K	05/23	0.06 mi	7, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BT	£1,998	74	2	Flat
£125K	08/21	0.06 mi	39, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BT	£1,576	79	2	Flat
£162K	10/22	0.06 mi	5, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BT	£2,314	70	2	Flat
£125K	02/21	0.06 mi	49, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BT	£1,667	75	2	Flat
£115K	02/21	0.06 mi	77, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BT	£1,648	70	2	Flat
£125K	08/21	0.06 mi	41, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BT	£1,725	72	2	Flat
£129.9K	02/21	0.06 mi	9, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BT	£1,803	72	2	Flat
£160K	11/22	0.07 mi	22, Brock Farm Court, North Shields, Tyne And Wear NE30 2BQ	£2,353	68	2	Flat
£111.5K	12/22	0.07 mi	62, Brock Farm Court, North Shields, Tyne And Wear NE30 2BQ	£1,593	70	2	Flat
£125K	11/23	0.07 mi	32, Brock Farm Court, North Shields, Tyne And Wear NE30 2BQ	£1,822	69	2	Flat
£146K	05/23	0.08 mi	11, Trevor Terrace, North Shields, Tyne And Wear NE30 2DG	-	-	2	Flat
£174K	12/22	0.08 mi	153, Trevor Terrace, North Shields, Tyne And Wear NE30 2DF	£2,338	74	2	Flat
£128K	10/20	0.08 mi	28, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BU	£1,803	71	2	Flat
£118K	07/21	0.08 mi	58, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BU	-	-	2	Flat
£164.9K	10/23	0.08 mi	66, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BU	£2,206	75	2	Flat
£135K	02/23	0.09 mi	18, Lindisfarne Terrace, North Shields, Tyne And Wear NE30 2BY	£1,376	98	2	Flat
£164.9K	09/23	0.16 mi	35, Fontburn Terrace, North Shields, Tyne And Wear NE30 2AE	£2,170	76	2	Flat
£164.9K	09/23	0.16 mi	33, Fontburn Terrace, North Shields, Tyne And Wear NE30 2AE	-	-	2	Flat
£95K	12/20	0.16 mi	12, Military Road, North Shields, Tyne And Wear NE30 2AB	-	-	2	Flat
£159.9K	07/23	0.16 mi	25, Drummond Terrace, North Shields, Tyne And Wear NE30 2AW	£1,999	80	2	Flat
£128.3K	10/22	0.16 mi	124, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR	-	-	2	Flat
£108K	09/21	0.18 mi	19, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AS	£1,500	72	2	Flat
£160K	12/22	0.18 mi	85, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AS	£2,286	70	2	Flat
£143K	05/21	0.18 mi	85, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AS	£2,043	70	2	Flat
£125K	11/21	0.19 mi	50, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AR	-	-	2	Flat
£175K	02/23	0.19 mi	34a, Linskill Terrace, North Shields, Tyne And Wear NE30 2EN	£2,134	82	2	Flat
£114K	08/21	0.23 mi	37, North King Street, North Shields, Tyne And Wear NE30 2HS	£1,898	60	2	Flat
£162K	11/20	0.24 mi	53a, Park Crescent, North Shields, Tyne And Wear NE30 2HR	£2,219	73	2	Flat
£97.5K	09/23	0.24 mi	18, Linskill Park, North Shields, Tyne And Wear NE30 2BF	-	-	2	Flat
£120K	07/23	0.24 mi	23, Grey Street, North Shields, Tyne And Wear NE30 2DZ	£1,846	65	2	Flat
£100K	02/21	0.26 mi	21, Jackson Street, North Shields, Tyne And Wear NE30 2HT	£1,366	73	2	Flat
£100K	02/21	0.26 mi	23, Jackson Street, North Shields, Tyne And Wear NE30 2HT	£1,695	59	2	Flat
£115K	01/21	0.26 mi	115, Stephenson Street, North Shields, Tyne And Wear NE30 1ER	£1,597	72	2	Flat

Local Rents

51 rents from £550/mo to £1.6K/mo, average is £775/mo.

Rent	Date	Distance	Address	Beds	Type
£750	05/24	0 mi	Trevor Terrace, North Shields	2	Flat
£750	07/24	0.02 mi	Trevor Terrace, North Shields. NE30 2DE	2	Flat
£800	05/24	0.04 mi	Trevor Terrace, North Shields, Tyne and Wear, NE30 2DE	2	Flat
£750	06/24	0.04 mi	Trevor Terrace, North Shields. NE30 2DE	2	Flat
£750	08/24	0.04 mi	Trevor Terrace, North Shields. NE30 2DE	2	Flat
£750	05/24	0.04 mi	Trevor Terrace, North Shields	2	Flat
£795	06/24	0.05 mi	Belford Terrace, North Shields, Tyne And Wear, NE30	2	Flat
£800	07/24	0.06 mi	Trevor Terrace, North Shields	2	Flat
£775	05/24	0.06 mi	Belford Terrace, North Shields	2	Flat
£850	05/24	0.07 mi	Belford Terrace, North Shields	2	Flat
£895	05/24	0.07 mi	-	2	Flat
£895	06/24	0.07 mi	-	2	Flat
£895	06/24	0.07 mi	Bamborough Terrace, North Shields, NE30	2	Flat
£675	05/24	0.07 mi	Bamborough Terrace, North Shields	2	Flat
£800	07/24	0.1 mi	38 Trevor Terrace	2	Terraced House
£1,595	08/23	0.12 mi	-	2	Flat
£1,000	07/24	0.15 mi	Jackson Street West, North Shields	2	Terraced House
£650	05/24	0.16 mi	Cleveland Road, North Shields	2	Flat
£750	05/24	0.16 mi	Military Road, North Shields	2	Flat
£795	06/24	0.16 mi	Drummond Terrace, North Shields, Tyne and Wear, NE30	2	Terraced House
£800	06/24	0.16 mi	Balmoral Gardens, North Shields	2	Flat
£850	01/25	0.17 mi	-	2	Flat
£865	01/25	0.18 mi	-	2	Semi-Detached House
£622	01/25	0.18 mi	-	2	Flat
£695	07/24	0.21 mi	Grey Street, North Shields	2	Flat
£850	07/24	0.22 mi	Park Crescent, North Shields	2	Flat
£695	07/24	0.23 mi	North King Street, North Shields. NE30 2HS. SUPER VALUE !!	2	Flat
£695	07/24	0.23 mi	North King Street, North Shields. NE30 2HS. SUPER VALUE !!	2	Flat
£750	05/24	0.26 mi	Alma Place, North Shields. NE29 0LY	2	Flat
£895	07/24	0.28 mi	-	2	Flat
£795	03/25	0.28 mi	-	2	Flat
£820	08/24	0.28 mi	Rosedale Terrace, North Shields, Tyne and Wear, NE30 2HP	2	Flat
£1,200	08/24	0.29 mi	Rosedale Terrace, North Shields	2	Terraced House
£700	06/24	0.29 mi	Etal Court, North Shields	2	Flat
£650	03/24	0.29 mi	Stephenson House, Stephenson Street, North Shields, Tyne & Wear, NE30	2	Flat
£1,545	02/24	0.3 mi	-	2	Flat
£795	07/24	0.31 mi	Cromwell Terrace, North Shields, Tyne And Wear, NE29	2	Flat
£825	07/24	0.31 mi	Park Crescent, North Shields	2	Flat
£700	08/24	0.31 mi	-	2	Flat
£700	08/24	0.31 mi	-	2	Flat
£750	05/24	0.31 mi	Coburg Street, North Shields	2	Flat
£1,250	05/24	0.33 mi	-	2	Terraced House
£725	07/24	0.33 mi	Balmoral Gardens, North Shields	2	Flat
£750	07/24	0.34 mi	Cleveland Avenue, North Shields	2	Flat
£600	05/24	0.34 mi	Grey Street, North Shields	2	Flat
£800	05/24	0.35 mi	Washington Terrace, North Shields	2	Flat
£675	12/23	0.37 mi	-	2	Flat
£725	08/24	0.37 mi	-	2	Flat
£700	07/24	0.38 mi	Salisbury Avenue, North Shields, Tyne and Wear	2	Flat
£550	09/23	0.39 mi	-	2	Flat
£795	05/24	0.39 mi	Park Crescent East, North Shields	2	Flat

Local Area Statistics

Population in NE30	21,97721,977
Population in North Shields	57,93157,931
Town centre distance	0.38 miles away0.38 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.32 miles away0.32 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+29%+29%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+35%+35%

Property History

Listed for £145,000

December 30, 2024

Floor Plans

Description

TWO BEDROOMS +
GROUND FLOOR FLAT +
NO UPPER CHAIN +
PRIVATE YARD +
GOOD SIZED ACCOMMODATION +
CLOSE TO AMENITIES +
GAS CENTRAL HEATING +

TWO BEDROOM GROUND FLOOR FLAT SITUATED WITHIN THIS POPULAR AREA IN NORTH SHIELDS OFFERED WITH NO UPPER CHAIN

We welcome to the market this well proportioned two bedroom ground floor flat which is conveniently located close to amenities in North Shields. Benefitting from good sized accommodation and a private yard, appealing to a range of buyers including buy to let investors, down sizers or first time buyers.

Briefly comprising: Private entrance vestibule to the hallway which leads to all rooms and benefits from two good sized storage cupboards. The living room overlooks the rear yard and gives access to the kitchen which has fitted wall and base units with a door opening out to the private yard. The shower room comprises a step in shower, hand basin and W.C.
There are two double bedrooms, one of which is particularly generous in size and features high ceilings, decorative coving, picture rail and large bay window to the front.

Externally to the rear is a private yard.

North Shields offers a wide range of amenities. It is close to major road links providing ease of access to other local towns, the coast and Newcastle City centre. The property is a short walk in to Tynemouth Village which offers a good range of shops, cafés and restaurants as well as the award winning Long Sands beach. Tynemouth Golf Club is nearby as is the newly regenerated Northumberland Park ideal for pleasant walks.

Entrance Vestibule -

Hallway -

Living Room - 4.27m x 3.63m (14'0" x 11'10") -

Kitchen - 2.94m x 2.38m (9'7" x 7'9") -

Shower Room - 2.56m x 1.87m (8'4" x 6'1") -

Bedroom One - 4.33m x 4.24m (14'2" x 13'10") -

Bedroom Two - 3.16m x 2.67m (10'4" x 8'9") -

Externally - To the rear is a private yard

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 💪

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ValuationOvervalued

CashflowsOpen in Analyser

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Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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