3 Bed Terraced House, Single Let, South Shields, NE34 9HY, £80,000

Bunyan Avenue, Biddick Hall , South Shields, Tyne and Wear, NE34 9HY - 2 views - 4 months ago

Sold STC
Auction
BTL
ROI: 14%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£67K - £220K
Sold Prices/m²£918/m² - £2.6K/m²

 

 

Square Metres

~93 m²
Price/m²£860/m²

Value Estimate

£96,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£23,600

 

 

Cash Out

 

Rent Range

£650 - £3,300

Rent Estimate

£689

Running Costs/mo

£408

Cashflow/mo

£281

Cashflow/yr

£3,374

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £67K to £220K, average is £104.5K. £918/m² to £2.6K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£100K10/210.06 mi90, Kingsley Avenue, South Shields, Tyne And Wear NE34 9JA3
£80K05/230.12 mi65, Belloc Avenue, South Shields, Tyne And Wear NE34 9HT3
£120K10/230.18 mi83, Galsworthy Road, South Shields, Tyne And Wear NE34 9HW3
£77.5K11/200.18 mi140, Belloc Avenue, South Shields, Tyne And Wear NE34 9HR3
£100K01/210.18 mi79, Belloc Avenue, South Shields, Tyne And Wear NE34 9HR3
£104K03/230.18 mi81, Belloc Avenue, South Shields, Tyne And Wear NE34 9HR3
£105K07/230.2 mi18, Burns Close, South Shields, Tyne And Wear NE34 9LA3
£90K03/210.21 mi51, Grays Walk, South Shields, Tyne And Wear NE34 9LS3
£97.5K03/230.23 mi100, Chesterton Road, South Shields, Tyne And Wear NE34 9HJ3
£72K09/230.23 mi2, Dryden Close, South Shields, Tyne And Wear NE34 9LD3
£91K04/230.23 mi17, Hazlitt Avenue, South Shields, Tyne And Wear NE34 9SX3
£88K06/210.24 mi41, Masefield Drive, South Shields, Tyne And Wear NE34 9LX3
£220K09/220.25 mi15, Troutbeck Way, South Shields, Tyne And Wear NE34 9HE3
£120K02/230.25 mi11, Grays Walk, South Shields, Tyne And Wear NE34 9LT3
£85K07/230.25 mi21, Grays Walk, South Shields, Tyne And Wear NE34 9LT3
£67K11/200.25 mi23, Grays Walk, South Shields, Tyne And Wear NE34 9LT3
£124K08/230.25 mi25, Grays Walk, South Shields, Tyne And Wear NE34 9LT3
£86K06/210.26 mi21, Caxton Walk, South Shields, Tyne And Wear NE34 9LW3
£85K06/210.26 mi74, Masefield Drive, South Shields, Tyne And Wear NE34 9LX3
£132K06/230.28 mi116, Brockley Avenue, South Shields, Tyne And Wear NE34 0TY3
£110K12/210.28 mi26, Monkton Avenue, South Shields, Tyne And Wear NE34 9RX3
£90K12/230.29 mi57, Chesterton Road, South Shields, Tyne And Wear NE34 9TN3
£96K02/210.29 mi5, Orwell Close, South Shields, Tyne And Wear NE34 9JT3
£186K11/200.29 mi28, Prensgarth Way, South Shields, Tyne And Wear NE34 9HD3
£93K08/210.31 mi107, Masefield Drive, South Shields, Tyne And Wear NE34 9LQ3
£215K07/230.32 mi6, Dykelands Way, South Shields, Tyne And Wear NE34 9HA3
£210K03/240.32 mi4, Dykelands Way, South Shields, Tyne And Wear NE34 9HA3
£81K12/220.32 mi11, Hardy Avenue, South Shields, Tyne And Wear NE34 9TJ3
£102.3K12/200.33 mi36, Richardson Avenue, South Shields, Tyne And Wear NE34 9RR3
£112.5K09/230.33 mi56, Boswell Avenue, South Shields, Tyne And Wear NE34 9SS3
£95K03/210.33 mi61, Boswell Avenue, South Shields, Tyne And Wear NE34 9SS3
£105K11/230.34 mi41, Fox Avenue, South Shields, Tyne And Wear NE34 9RW3
£132.5K12/220.35 mi32, Fox Avenue, South Shields, Tyne And Wear NE34 9RN3
£155K02/210.36 mi27, Westcliffe Way, South Shields, Tyne And Wear NE34 9HF3
£204K04/230.36 mi8, Westcliffe Way, South Shields, Tyne And Wear NE34 9HF3
£90K04/210.37 mi65, Gaskell Avenue, South Shields, Tyne And Wear NE34 9TA3
£117K09/230.37 mi65, Gaskell Avenue, South Shields, Tyne And Wear NE34 9TA3
£165K06/210.38 mi32, Silverdale Way, South Shields, Tyne And Wear NE34 9HB3
£90K11/200.39 mi18, Foxglove Court, South Shields, Tyne And Wear NE34 0BH3
£120K09/230.4 mi1, Shaw Avenue, South Shields, Tyne And Wear NE34 9ST3
£88K01/210.4 mi47, Melbourne Gardens, South Shields, Tyne And Wear NE34 9DH3
£102K08/230.4 mi2, Hobart Avenue, South Shields, Tyne And Wear NE34 9DU3
£110K10/230.43 mi73, Wenlock Road, South Shields, Tyne And Wear NE34 9BB3
£155K02/230.44 mi79, Dame Flora Robson Avenue, South Shields, Tyne And Wear NE34 9ED3
£180K11/210.44 mi8, Colchester Street, South Shields, Tyne And Wear NE34 9AT3
£133K03/240.44 mi3, Dovedale Court, South Shields, Tyne And Wear NE34 9EZ3
£128K08/240.45 mi7, Douglas Close, South Shields, Tyne And Wear NE34 8JY3
£138.5K01/240.45 mi166, Galsworthy Road, South Shields, Tyne And Wear NE34 9TX3
£98K10/210.45 mi28, Tasmania Road, South Shields, Tyne And Wear NE34 9DX3
£124K03/230.47 mi124, Biddick Hall Drive, South Shields, Tyne And Wear NE34 0TW3

Local Rents

20 rents from £650/mo to £3.3K/mo, average is £796/mo.

RentDateDistanceAddressBeds 
£69511/230.14 mi-3
£65005/240.22 miBrookes Walk, South Shields, Tyne And Wear 3
£2,35005/240.36 mi-3
£2,35007/240.36 mi-3
£2,35001/250.36 mi-3
£2,20002/250.36 mi-3
£82503/250.36 mi-3
£81612/240.4 mi-3
£77510/240.42 mi-3
£65005/230.45 mi-3
£65005/230.45 mi-3
£3,30002/250.48 mi-3
£83006/240.51 mi-3
£83005/240.51 miGerald Street, South Shields, NE343
£83006/240.51 miGerald Street, South Shields, NE343
£70012/240.52 miHeaton Gardens, South Shields, NE343
£72505/240.58 miWhiteleas Way, South Shields3
£75005/240.59 mi-3
£75005/240.59 mi-3
£77501/250.59 mi-3

Local Area Statistics

Population in NE34

52,101

Population in South Shields

79,432

Town centre distance

1.63 miles away

Nearest school

0.10 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £80,000

January 7, 2025

Floor Plans

Description

  • SPACIOUS MID TERRACE +
  • THREE BEDROOMS +
  • DUAL ASPECT LOUNGE +
  • MODERN FITTED KITCHEN +
  • PRIVATE FRONT AND REAR GARDEN +

TO BE SOLD VIA ONLINE AUCTION - (04/02/2025 12:00) FEES APPLY

We welcome to the Auction market this well proportioned Three Bedroom Mid Terrace Family Home located on Bunyan Avenue, South Shields.
Offering spacious living throughout, modern fitted kitchen and dual aspect lounge with views over the front and rear garden.
Ideally located for an array of schools, walking distance to local amenities moreover excellent transport links to Newcastle, Sunderland City Centre and South Shields.
Road links to A1, A19 to the South and the Tyne Tunnel to much of the North East.

Briefly comprising: Entrance/Hallway, Lounge, Inner Hallway leading to large Kitchen. To the first floor lies Three Good Size Bedrooms, Family Bathroom and separate Cloak.
Externally to the front and rear there are private enclosed well maintained Lawned Gardens.

Properties in this location are extremely popular and an early viewing is essential.

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, South Shields

0191 625 0219

Next Steps?

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