3 Bed Semi-Detached House, Single Let, South Shields, NE34 7ED, £159,995

Ede Avenue, South Shields, Tyne and Wear, NE34 7ED - 3 months ago

BTL
ROI: 3%
~93 m²
+21 photos

ValuationUndervalued

Sold Prices£80K - £290K
Sold Prices/m²£1K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£163,761
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,999

Stamp Duty & Legal Fees

£6,000

Total Cash In

£45,999

 

 

Cash Out

 

Rent Range

£725 - £1,100

Rent Estimate

£786

Running Costs/mo

£677

Cashflow/mo

£109

Cashflow/yr

£1,306

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £290K, average is £161.8K. £1K/m² to £3.4K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£180K07/230.03 mi70, Ede Avenue, South Shields, Tyne And Wear NE34 7ED3
£155K07/240.05 mi23, Ede Avenue, South Shields, Tyne And Wear NE34 7EB3
£127K03/230.07 mi2, Ede Avenue, South Shields, Tyne And Wear NE34 7EA3
£152K12/200.09 mi59, Hylton Avenue, South Shields, Tyne And Wear NE34 7SF3
£115K11/200.1 mi65, Thornholme Avenue, South Shields, Tyne And Wear NE34 7DS3
£197.5K12/230.12 mi24, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£160K12/200.12 mi27, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£190K05/230.12 mi4, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£130K10/210.13 mi145, Tanfield Gardens, South Shields, Tyne And Wear NE34 7DX3
£100K04/210.15 mi93, Steward Crescent, South Shields, Tyne And Wear NE34 7EJ3
£170K03/230.15 mi126, Centenary Avenue, South Shields, Tyne And Wear NE34 6SG3
£180K07/230.16 mi10, Thornholme Avenue, South Shields, Tyne And Wear NE34 7DT3
£127K04/210.17 mi70, Tanfield Gardens, South Shields, Tyne And Wear NE34 7DY3
£165K09/230.21 mi8, Bywell Avenue, South Shields, Tyne And Wear NE34 6RP3
£161.5K08/230.21 mi45, Walworth Avenue, South Shields, Tyne And Wear NE34 7EW3
£157K11/200.22 mi30, Lumley Avenue, South Shields, Tyne And Wear NE34 7DW3
£196K12/220.23 mi48, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£192K06/240.23 mi107, Lumley Avenue, South Shields, Tyne And Wear NE34 7DL3
£125K11/200.23 mi52, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£186K09/230.23 mi39, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£139.9K01/210.25 mi4, Deneside, South Shields, Tyne And Wear NE34 7RW3
£165K05/240.25 mi4, Deneside, South Shields, Tyne And Wear NE34 7RW3
£140K12/200.26 mi22, Falstone Avenue, South Shields, Tyne And Wear NE34 6SB3
£171K06/210.27 mi47, Dorset Avenue, South Shields, Tyne And Wear NE34 7JA3
£162K11/200.27 mi51, Dorset Avenue, South Shields, Tyne And Wear NE34 7JA3
£165K02/230.27 mi11, Fulwell Avenue, South Shields, Tyne And Wear NE34 7DH3
£152K05/230.29 mi16, Chirton Grove, South Shields, Tyne And Wear NE34 7BP3
£272K10/230.3 mi120, Lumley Avenue, South Shields, Tyne And Wear NE34 7BN3
£260K10/230.31 mi17, Suffolk Gardens, South Shields, Tyne And Wear NE34 7JF3
£100K07/210.31 mi17, Farne Avenue, South Shields, Tyne And Wear NE34 7HG3
£290K11/220.33 mi42, Beacon Glade, South Shields, Tyne And Wear NE34 7PS3
£193K06/240.34 mi42, Felton Avenue, South Shields, Tyne And Wear NE34 6RY3
£143.5K01/210.34 mi34, Felton Avenue, South Shields, Tyne And Wear NE34 6RY3
£85K03/210.34 mi28, School Approach, South Shields, Tyne And Wear NE34 6DP3
£127K04/230.35 mi78, Horsley Vale, South Shields, Tyne And Wear NE34 6JX3
£170K05/230.35 mi181, Horsley Vale, South Shields, Tyne And Wear NE34 6JX3
£230K12/220.35 mi20, Ridley Grove, South Shields, Tyne And Wear NE34 6RN3
£235K12/220.36 mi116, Marsden Road, South Shields, Tyne And Wear NE34 6RL3
£230K05/220.36 mi21, Beaconside, South Shields, Tyne And Wear NE34 7PY3
£245K03/230.37 mi96, Beaconside, South Shields, Tyne And Wear NE34 7PX3
£160K03/210.37 mi46, Summerhill Road, South Shields, Tyne And Wear NE34 6RZ3
£82K11/230.38 mi8, Shelley Avenue, South Shields, Tyne And Wear NE34 7QE3
£245K12/230.39 mi8, Beacon Glade, South Shields, Tyne And Wear NE34 7PS3
£210K12/230.4 mi17, Westmorland Road, South Shields, Tyne And Wear NE34 7JL3
£122K12/220.4 mi22, Dunlop Crescent, South Shields, Tyne And Wear NE34 6QG3
£290K02/220.41 mi92, Beaconside, South Shields, Tyne And Wear NE34 7PX3
£80K03/210.41 mi82, Lisle Road, South Shields, Tyne And Wear NE34 6DJ3
£155K07/230.41 mi31, Westmorland Road, South Shields, Tyne And Wear NE34 7JJ3
£140K04/210.41 mi28, Westmorland Road, South Shields, Tyne And Wear NE34 7JJ3
£120K06/210.42 mi9, Watson Avenue, South Shields, Tyne And Wear NE34 7QX3

Local Rents

19 rents from £725/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£79507/240.22 miGreenside, Marsden, South Shields, Tyne and Wear, NE34 7RN3
£80005/240.3 mi-3
£77505/240.3 mi-3
£95005/240.3 miEast Avenue, South Shields, NE343
£97505/240.3 miEast Avenue, South Shields, NE343
£85005/240.3 mi-3
£90012/240.32 mi-3
£95005/240.33 miCentenary Avenue, South Shields3
£89505/240.33 miFulwell Avenue, South Shields3
£85004/240.34 mi-3
£89505/240.35 miLumley Avenue, South Shields3
£78512/240.4 mi-3
£85010/230.43 mi-3
£75503/250.45 mi-3
£85007/240.45 miHorsley Vale, South Shields3
£72512/240.46 mi-3
£79005/240.57 mi-3
£90005/240.59 miNorth Close, South Shields, Tyne And Wear, NE343
£1,10007/240.61 miAllendale Drive, South Shields3

Local Area Statistics

Population in NE34

52,101

Population in South Shields

79,432

Town centre distance

1.12 miles away

Nearest school

0.20 miles away

Nearest train station

1.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £159,995

January 29, 2025

Floor Plans

Description

  • 3 Bedroom Semi Detached +
  • Popular Location +
  • Perfect Family Home +
  • Ready To Put Your Own Stamp on +
  • Close To Local Schools (Harton Primary/Academy) +
  • Close To Many Local Ammenities +
  • Family Bathroom With Separate Shower and Bath +
  • 2 Spacious Bedrooms 1 Box Room +
  • 3 Reception Rooms +
  • Spacious Back Garden +

Welcome to this spacious and charming 3 bedroom semi-detached house in the popular South Shields location of Ede Avenue. This property presents the ideal opportunity for families searching for their perfect home, with all the necessary space and potential to put your own stamp on.

Upon entering the house, you are greeted by a warm and welcoming atmosphere. The main living spaces comprise of three reception rooms, offering flexibility and ample space for the whole family. These rooms are perfect for creating separate living areas, a home office, or a playroom for the kids. The layout allows for endless possibilities to adapt the space to suit your family's needs and lifestyle.

The property features three well-proportioned bedrooms, providing comfortable accommodation for everyone. The two spacious bedrooms are perfect for adults or older children, while the cozy box room is ideal for a nursery or home office. The family bathroom boasts both a separate shower and bath, ensuring a peaceful and relaxing bathing experience for all.

The house is situated in a popular location, close to local schools such as Harton Primary/Academy, making it convenient for families with children. With numerous local amenities just a stone's throw away, including shops, restaurants, and recreational facilities, daily errands and leisure activities are easily accessible.

One of the highlights of this property is the spacious back garden. It offers the perfect outdoor haven for the whole family to enjoy. Whether it's a BBQ with friends, children playing, or simply relaxing in the sunshine, this garden provides ample space and possibilities for creating lasting memories.

Don't miss out on the opportunity to make this house your family's forever home. With so much potential, you can let your imagination run wild and create the ideal living space that reflects your personal style. So why wait? Schedule a viewing today and let this fantastic property become a memorable chapter in your family's story.

Agent Details

Browns Estate Agents, South Shields

0191 406 3441

Next Steps?

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