2 Bed Bungalow, Single Let, North Shields, NE30 3HN, £290,000

Cardigan Grove, Marden Estate, NE30 3HN - 2 months ago

BTL
~68 m²
+9 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£4.3K/m²

Value Estimate

£261,092

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Total Cash In

£84,400

 

 

Cash Out

 

Rent Range

£595 - £2,000

Rent Estimate

£636

Running Costs/mo

£1,053

Cashflow/mo

£-417

Cashflow/yr

£-5,009

Gross Yield

3%

Local Sold Prices

51 sold prices from £165K to £495K, average is £275K. £2.4K/m² to £6.3K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£334K03/230.02 mi21, Cardigan Grove, North Shields, Tyne And Wear NE30 3HN2
£360K10/220.02 mi12, Cardigan Grove, North Shields, Tyne And Wear NE30 3HN2
£280K02/230.05 mi14, Tilbury Grove, North Shields, Tyne And Wear NE30 3HL2
£280K11/230.05 mi10, Tilbury Grove, North Shields, Tyne And Wear NE30 3HL2
£277.3K06/210.07 mi20, Hampton Road, North Shields, Tyne And Wear NE30 3HP2
£188.5K02/210.09 mi10, Hambledon Avenue, North Shields, Tyne And Wear NE30 3HT2
£285K06/210.09 mi26, Hambledon Avenue, North Shields, Tyne And Wear NE30 3HT2
£287.5K06/230.11 mi7, Braeside Close, North Shields, Tyne And Wear NE30 3JF2
£240K03/210.13 mi98, Farringdon Road, North Shields, Tyne And Wear NE30 3HA2
£285K10/230.17 mi10, Highcross Road, North Shields, Tyne And Wear NE30 3JG2
£328K08/210.18 mi17, Lorton Avenue, North Shields, Tyne And Wear NE30 3UR2
£225K03/210.18 mi43, Thirlmere Avenue, North Shields, Tyne And Wear NE30 3UN2
£320K03/220.18 mi39, Thirlmere Avenue, North Shields, Tyne And Wear NE30 3UN2
£230K02/210.19 mi15, Torver Way, North Shields, Tyne And Wear NE30 3UP2
£285K08/230.19 mi5, Torver Way, North Shields, Tyne And Wear NE30 3UP2
£275K12/220.19 mi46, Beresford Road, North Shields, Tyne And Wear NE30 3JB2
£325K10/230.2 mi42, Beresford Road, North Shields, Tyne And Wear NE30 3JB2
£250K10/220.2 mi47, Beresford Road, North Shields, Tyne And Wear NE30 3JB2
£268K10/220.22 mi33, Torver Way, North Shields, Tyne And Wear NE30 3UW2
£180K09/230.22 mi27, Penrith Avenue, North Shields, Tyne And Wear NE30 3UH2
£280K01/210.23 mi15, Beresford Road, North Shields, Tyne And Wear NE30 3JQ2
£365K08/230.23 mi25, Beresford Road, North Shields, Tyne And Wear NE30 3JQ2
£250K10/200.24 mi32, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£245K11/200.24 mi39, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£330K04/230.24 mi3, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£280K08/230.24 mi10, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£350K10/230.24 mi28, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£355K01/230.24 mi15, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£195K08/230.25 mi23, Zetland Drive, Whitley Bay, Tyne And Wear NE25 8UW2
£195K08/230.25 mi23, Zetland Drive, Whitley Bay, Tyne And Wear NE25 8UW2
£423K12/230.26 mi42, Shaftesbury Crescent, North Shields, Tyne And Wear NE30 3LS2
£169K03/210.28 mi10, Solway Avenue, North Shields, Tyne And Wear NE30 3AY2
£286K10/210.29 mi22, Sandfield Road, North Shields, Tyne And Wear NE30 3LY2
£375K04/230.29 mi24, Sandfield Road, North Shields, Tyne And Wear NE30 3LY2
£329K10/230.29 mi8, Sandfield Road, North Shields, Tyne And Wear NE30 3LY2
£190K02/230.3 mi16, Cherrytree Gardens, Whitley Bay, Tyne And Wear NE25 8UZ2
£270K06/210.31 mi48, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BD2
£192.5K03/230.33 mi27, Ennerdale Road, North Shields, Tyne And Wear NE30 3BJ2
£225K08/210.33 mi1, Blencathra, North Shields, Tyne And Wear NE30 3UB2
£225K11/220.34 mi4, Kirklinton Road, North Shields, Tyne And Wear NE30 3AX2
£165K12/200.34 mi63, Hillheads Court, Whitley Bay, Tyne And Wear NE25 8RY2
£179.9K11/220.34 mi43, Hillheads Court, Whitley Bay, Tyne And Wear NE25 8RY2
£240K02/210.34 mi3, Hayton Road, Cullercoats, North Shields, Tyne And Wear NE30 3UE2
£495K08/230.34 mi9, Hayton Road, Cullercoats, North Shields, Tyne And Wear NE30 3UE2
£275.3K11/200.35 mi33, Solway Avenue, North Shields, Tyne And Wear NE30 3AZ2
£265K03/210.36 mi4, Broadway Close, North Shields, Tyne And Wear NE30 3LN2
£172K09/210.36 mi29, Hillheads Court, Whitley Bay, Tyne And Wear NE25 8RY2
£315K01/210.37 mi5, Broadway Close, North Shields, Tyne And Wear NE30 3LN2
£217K05/230.38 mi68, Elmtree Gardens, Whitley Bay, Tyne And Wear NE25 8XQ2
£182K12/200.38 mi6, Farlam Avenue, North Shields, Tyne And Wear NE30 3PW2
£185K12/200.39 mi27, Hayton Road, North Shields, Tyne And Wear NE30 3TZ2

Local Rents

50 rents from £595/mo to £2K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£85005/240.38 miFarringdon Road, Marden Estate, North Shields2
£74008/240.44 mi-2
£74007/240.44 miMarden Road South, Whitley Bay, NE252
£99512/230.59 mi-2
£70003/230.61 mi-2
£60005/240.62 mi-2
£69505/240.63 miAlnwick Avenue, Whitley Bay2
£69505/240.65 miAlnwick Avenue, Whitley Bay2
£79508/240.65 miClosefield Grove, Whitley Bay, Tyne and Wear, NE25 8SU2
£70006/240.66 miClifton Terrace, Whitley Bay2
£97505/240.66 miLinks Road, North Shields2
£90008/240.69 miStation Road, Cullercoats, North Shields, Tyne and Wear, NE302
£80006/240.7 miAthol Gardens, Whitley Bay2
£75006/240.7 miVictoria Mews2
£1,30003/250.7 miNewlands, Whitley Bay2
£79509/240.71 mi-2
£1,15004/240.73 mi-2
£1,15005/240.73 miBeach Croft Avenue, North Shields, NE302
£79506/240.73 mi-2
£80005/240.74 miPark Parade, Whitley Bay2
£85006/240.74 miPark Parade, Whitley Bay2
£85005/240.75 miSouth Parade, Whitley Bay, Tyne and Wear, NE262
£59506/230.75 mi-2
£59507/230.75 mi-2
£77003/250.76 mi-2
£75001/240.76 mi-2
£82508/240.77 mi-2
£75008/230.77 mi-2
£2,00007/240.77 mi-2
£75012/240.78 miSouth Parade, Whitley Bay2
£79508/240.79 mi-2
£1,10007/240.8 miBeverley Terrace, Cullercoats2
£72505/240.8 miParkside Court, Whitley Bay2
£80007/240.81 miNorth Parade, Whitley Bay, Tyne and Wear, NE262
£85007/240.81 miNorth Parade, Whitley Bay. NE26 1PA **SUPER STANDARD**2
£80011/230.82 mi-2
£1,30011/240.83 mi-2
£95006/240.83 miEsplanade, Whitley Bay, Tyne and Wear, NE262
£75005/240.87 miEsplanade, Whitley Bay. NE26 2AL2
£82507/240.87 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AL2
£1,15006/240.88 miEsplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£1,40007/240.88 mi55 Esplanade, Whitley Bay, Tyne and Wear, NE26 2AS2
£89506/240.88 miSouth Parade, Whitley Bay2
£79508/240.9 miFriars Rise, Monkseaton, Whitley Bay2
£1,10005/240.9 miMontague Apartments, Whitley Bay2
£1,40005/240.9 miMontague Apartments, Whitley Bay2
£1,15006/240.9 miMontague Apartments, Whitley Bay2
£85005/240.91 miBurnside House, Rockcliffe Gardens, Whitley Bay2
£85005/240.92 miWalton Park, North Shields2
£1,29503/250.93 mi-2

Local Area Statistics

Population in NE30

21,977

Population in North Shields

57,931

Town centre distance

1.36 miles away

Nearest school

0.20 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £290,000

January 28, 2025

Floor Plans

Description

  • TWO BEDROOMS +
  • SEMI DETACHED BUNGALOW +
  • NO UPPER CHAIN +
  • SUNROOM +
  • PRIVATE GARDEN +
  • DRIVEWAY PARKING +
  • GARAGE/UTILITY +
  • GOOD SIZED ACCOMMODATION +

WONDERFUL OPPORTUNITY TO ACQUIRE THIS WELL PRESENTED TWO BEDROOM SEMI DETACHED BUNGALOW SITUATED IN A QUIET CUL-DE-SAC ON THE POPULAR MARDEN ESTATE OFFERED WITH NO UPPER CHAIN

We welcome to the market this attractive two bedroom semi detached bungalow which is conveniently located on the Marden Estate. Boasting good sized accommodation, sunroom, gardens to the front and rear with driveway parking.

Briefly comprising: Entrance vestibule leading to a bright and airy living room which has a bay window overlooking the front of the property. An inner hallway gives access to the remaining rooms in the property including the kitchen which has a good range of fitted wall and base units with plumbing for a washing machine. There are two double bedrooms, one of which gives access to the sunroom offering views over the rear garden and a door leading to a generous sized garage/utility. The bathroom comprises a bath, hand basin and W.C.

Externally to the rear is a low maintenance private garden, to the front is a paved driveway for multiple cars and access to the garage/utility.

Ideally located in this highly popular residential area of Marden Estate close to local shops, amenities, bus routes and within walking distance of Cullercoats Metro Station. Tynemouth Village and Whitley Bay are a short distance which both offer a great selection of shops, restaurants and bars.

Entrance Vestibule -

Living Room - 4.51m x 3.59m (14'9" x 11'9") -

Kitchen - 3.51m x 2.85m (11'6" x 9'4") -

Bedroom One - 4.01m x 3.66m (13'1" x 12'0") -

Bedroom Two - 2.98m x 2.83m (9'9" x 9'3") -

Sunroom - 2.78m x 1.86m (9'1" x 6'1") -

Bathroom - 1.96m x 1.68m (6'5" x 5'6") -

Garage/Utility - 6.87m x 2.32m (22'6" x 7'7") -

Externally - To the rear is a low maintenance private garden, to the front is a paved driveway for multiple cars and access to the garage/utility.

Tenure - Freehold

Agent Details

Brannen & Partners, Tynemouth

0191 625 0803

Next Steps?

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