3 Bed Terraced House, Single Let, South Shields, NE34 9UA, £87,000

Heaton Gardens, South Shields, Tyne And Wear, NE34 9UA - 2 views - 4 months ago

Sold STC
BTL
ROI: 13%
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£72K - £172K
Sold Prices/m²£945/m² - £2.5K/m²

 

 

Square Metres

~93 m²
Price/m²£935/m²

Value Estimate

£105,270
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,750

Stamp Duty & Legal Fees

£3,810

Total Cash In

£25,560

 

 

Cash Out

 

Rent Range

£650 - £950

Rent Estimate

£703

Running Costs/mo

£432

Cashflow/mo

£271

Cashflow/yr

£3,246

ROI

13%

Gross Yield

10%

Local Sold Prices

47 sold prices from £72K to £172K, average is £120K. £945/m² to £2.5K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£130K08/230 mi183, Heaton Gardens, South Shields, Tyne And Wear NE34 9UA3
£150.5K03/240.09 mi57, Millais Gardens, South Shields, Tyne And Wear NE34 8RY3
£130K02/230.09 mi47, Millais Gardens, South Shields, Tyne And Wear NE34 8RY3
£128K08/230.21 mi8, Titian Avenue, South Shields, Tyne And Wear NE34 8SD3
£155K01/230.21 mi71, Rembrandt Avenue, South Shields, Tyne And Wear NE34 8RZ3
£80K12/200.22 mi7, Copley Avenue, South Shields, Tyne And Wear NE34 8HQ3
£80K12/200.22 mi7, Copley Avenue, South Shields, Tyne And Wear NE34 8HQ3
£126.8K09/210.22 mi95, Copley Avenue, South Shields, Tyne And Wear NE34 8HQ3
£138.5K01/240.28 mi166, Galsworthy Road, South Shields, Tyne And Wear NE34 9TX3
£81K12/220.38 mi11, Hardy Avenue, South Shields, Tyne And Wear NE34 9TJ3
£96K02/210.39 mi5, Orwell Close, South Shields, Tyne And Wear NE34 9JT3
£150K07/230.39 mi139, Turner Avenue, South Shields, Tyne And Wear NE34 8JG3
£90K12/230.4 mi57, Chesterton Road, South Shields, Tyne And Wear NE34 9TN3
£127K12/230.4 mi2, Rodin Avenue, South Shields, Tyne And Wear NE34 8HY3
£135K06/230.4 mi1, Rodin Avenue, South Shields, Tyne And Wear NE34 8HY3
£135K06/210.4 mi14, Rodin Avenue, South Shields, Tyne And Wear NE34 8HY3
£170K05/240.43 mi2, Brooke Avenue, Boldon Colliery, Tyne And Wear NE35 9ED3
£120K08/240.44 mi95, Gainsborough Avenue, South Shields, Tyne And Wear NE34 8JH3
£72K09/230.45 mi2, Dryden Close, South Shields, Tyne And Wear NE34 9LD3
£105K07/230.46 mi18, Burns Close, South Shields, Tyne And Wear NE34 9LA3
£130K09/210.46 mi74, Whiteleas Way, South Shields, Tyne And Wear NE34 8LH3
£97.5K03/230.47 mi100, Chesterton Road, South Shields, Tyne And Wear NE34 9HJ3
£115K12/200.47 mi12, Nevinson Avenue, South Shields, Tyne And Wear NE34 8NA3
£77.5K11/200.47 mi140, Belloc Avenue, South Shields, Tyne And Wear NE34 9HR3
£100K01/210.47 mi79, Belloc Avenue, South Shields, Tyne And Wear NE34 9HR3
£104K03/230.47 mi81, Belloc Avenue, South Shields, Tyne And Wear NE34 9HR3
£120K10/230.47 mi83, Galsworthy Road, South Shields, Tyne And Wear NE34 9HW3
£121.8K06/230.48 mi6, Brooke Avenue, Boldon Colliery, Tyne And Wear NE35 9ES3
£108K06/210.49 mi23, Turner Avenue, South Shields, Tyne And Wear NE34 8NT3
£114.5K10/210.49 mi83, Turner Avenue, South Shields, Tyne And Wear NE34 8NT3
£90K04/210.5 mi65, Gaskell Avenue, South Shields, Tyne And Wear NE34 9TA3
£117K09/230.5 mi65, Gaskell Avenue, South Shields, Tyne And Wear NE34 9TA3
£120K05/240.5 mi4, Gainsborough Avenue, South Shields, Tyne And Wear NE34 8NR3
£135K01/210.5 mi41, Kipling Avenue, Boldon Colliery, Tyne And Wear NE35 9EE3
£130K03/210.5 mi23, Kipling Avenue, Boldon Colliery, Tyne And Wear NE35 9EE3
£135K12/230.5 mi13, Kipling Avenue, Boldon Colliery, Tyne And Wear NE35 9EE3
£172K04/240.5 mi23, Kipling Avenue, Boldon Colliery, Tyne And Wear NE35 9EE3
£100K06/230.51 mi28, Horton Avenue, South Shields, Tyne And Wear NE34 8NL3
£91K04/230.51 mi17, Hazlitt Avenue, South Shields, Tyne And Wear NE34 9SX3
£125K06/230.52 mi121, Moreland Road, South Shields, Tyne And Wear NE34 8NJ3
£155K09/210.53 mi12, Reay Crescent, Boldon Colliery, Tyne And Wear NE35 9EB3
£86K06/210.53 mi21, Caxton Walk, South Shields, Tyne And Wear NE34 9LW3
£112.5K09/230.54 mi56, Boswell Avenue, South Shields, Tyne And Wear NE34 9SS3
£95K03/210.54 mi61, Boswell Avenue, South Shields, Tyne And Wear NE34 9SS3
£130K09/210.54 mi18, Tennyson Avenue, Boldon Colliery, Tyne And Wear NE35 9EP3
£150K06/210.54 mi7, Tennyson Avenue, Boldon Colliery, Tyne And Wear NE35 9EP3
£153.9K03/210.54 mi31, Tennyson Avenue, Boldon Colliery, Tyne And Wear NE35 9EP3

Local Rents

19 rents from £650/mo to £950/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75007/230.16 mi-3
£70012/240.17 miHeaton Gardens, South Shields, NE343
£82501/250.24 mi-3
£85012/240.27 miCopley Avenue, South Shields3
£72509/230.31 mi-3
£72509/230.31 mi-3
£82507/240.33 miRenoir Gardens, Whiteleas, South Shields, Tyne and Wear, NE34 8HT3
£83006/240.37 mi-3
£83005/240.37 miGerald Street, South Shields, NE343
£83006/240.37 miGerald Street, South Shields, NE343
£72505/240.38 miRenoir Gardens, South Shields3
£72505/240.46 miWhiteleas Way, South Shields3
£65005/240.51 miBrookes Walk, South Shields, Tyne And Wear 3
£75004/240.53 mi-3
£75006/240.53 mi-3
£89511/240.55 mi-3
£95002/240.57 mi-3
£85002/240.57 mi-3
£69511/230.59 mi-3

Local Area Statistics

Population in NE34

52,101

Population in South Shields

79,432

Town centre distance

1.81 miles away

Nearest school

0.20 miles away

Nearest train station

0.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £87,000

January 8, 2025

Description

  • EXCELLENT INVESTMENT OPPORTUNITY +
  • MID TERRACED HOUSE +
  • THREE BEDROOMS +
  • VACANT POSSESSION +
  • NO ONWARD CHAIN +
  • DECEPTIVELY SPACIOUS +
  • COUNCIL TAX BAND A +

MAIN DESCRIPTION
Belle Vue Estates welcome to the sales market this three-bedroom terraced house on Heaton Gardens in South Shields. The property is located on a pedestrian walkway to the front elevation.

The property has gas central heating and double glazing throughout and is priced to reflect the works needed.

Heaton Gardens is situated next to local schools and amenities, and ideally placed for transport links to Newcastle, Durham and surrounding areas so would be an excellent investment or home for a growing family.

Early viewing is essential. Property is sold with VACANT POSSESSION and NO ONWARD CHAIN.

ENTRANCE PORCH
Accessed via UPVC door.

LOUNGE
9' 10" x 18' 0" (3.00m x 5.5m)
Double aspect room with radiator

KITCHEN/DINER
11' 5" x 18' 0" (3.5m x 5.5m)
Open planned kitchen diner with access to rear garden.

LANDING
Providing access to three bedrooms and family bathroom.

BEDROOM ONE
9' 6" x 9' 2" (2.9m x 2.8m)
Double glazed window and central heating radiator.

BEDROOM TWO
9' 2" x 9' 10" (2.8m x 3.0m)
Double glazed window and central heating radiator.

BEDROOM THREE
10' 2" x 8' 6" (3.1m x 2.6m)
Double glazed window and central heating radiator.

BATHROOM
11' 1" x 8' 6" (3.4m x 2.6m)
Overlooking the rear of the property.

EXTERNAL
Front and rear gardens

DISCLAIMER
These details have been prepared by our agency staff using both information provided to us by the vendor and following internal.inspection. Please be advised particulars may still be awaiting verification and approval from the vendors and therefore should not be relied for anything other than general information. Fixtures and fittings included are to be agreed with the vendor and any photographs or mention of fitted appliances does not imply they are in working order. Internal measurements are taken as a guide only for prospective purchasers and may not be precise. Please call our office for further detailed information on any points if unclear, in order for us to gain clarification from the vendor.

Agent Details

Belle Vue Estates, Low Fell

0191 625 0195

Next Steps?

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