3 Bed Semi-Detached House, Single Let, North Shields, NE30 3AZ, £375,000

Solway Avenue, North Shields, NE30 3AZ - 2 months ago

Under Offer
BTL
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£155K - £440K
Sold Prices/m²£2.2K/m² - £5.7K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£305,407

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£950 - £1,650

Rent Estimate

£1,150

Running Costs/mo

£1,422

Cashflow/mo

£-272

Cashflow/yr

£-3,262

Gross Yield

4%

Local Sold Prices

50 sold prices from £155K to £440K, average is £297.8K. £2.2K/m² to £5.7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£320K09/210.05 mi62, Solway Avenue, North Shields, Tyne And Wear NE30 3AZ3
£290.9K09/210.05 mi37, Solway Avenue, North Shields, Tyne And Wear NE30 3AZ3
£272K10/210.08 mi53, Deepdale Road, North Shields, Tyne And Wear NE30 3AN3
£383K07/230.08 mi57, Deepdale Road, North Shields, Tyne And Wear NE30 3AN3
£376K03/240.08 mi42, Deepdale Road, North Shields, Tyne And Wear NE30 3AN3
£300K02/210.09 mi63, Solway Avenue, North Shields, Tyne And Wear NE30 3BA3
£275K07/210.1 mi33, Sedbergh Road, North Shields, Tyne And Wear NE30 3BB3
£400K01/230.1 mi11, Sedbergh Road, North Shields, Tyne And Wear NE30 3BB3
£285K02/210.1 mi30, Fairfield Drive, North Shields, Tyne And Wear NE30 3AF3
£275K06/230.14 mi5, Ellersmere Gardens, North Shields, Tyne And Wear NE30 3BE3
£396K04/230.15 mi13, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG3
£235.5K11/200.15 mi1, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG3
£295K11/200.15 mi33, Keswick Drive, North Shields, Tyne And Wear NE30 3EW3
£267.5K01/230.16 mi16, Solway Avenue, North Shields, Tyne And Wear NE30 3AY3
£280K12/200.17 mi15, Hartington Road, North Shields, Tyne And Wear NE30 3SB3
£275K09/210.17 mi20, Silloth Place, North Shields, Tyne And Wear NE30 3AA3
£270K03/210.17 mi15, Silloth Place, North Shields, Tyne And Wear NE30 3AA3
£279.9K03/210.17 mi26, Silloth Place, North Shields, Tyne And Wear NE30 3AA3
£265K08/230.18 mi23, Wallington Avenue, North Shields, Tyne And Wear NE30 3SH3
£376K06/210.18 mi278, The Broadway, North Shields, Tyne And Wear NE30 3DD3
£250K10/200.18 mi61, Farringdon Road, North Shields, Tyne And Wear NE30 3EX3
£345K01/230.19 mi63, Farringdon Road, North Shields, Tyne And Wear NE30 3EX3
£355K01/210.2 mi216, The Broadway, North Shields, Tyne And Wear NE30 3DA3
£365K03/210.2 mi232, The Broadway, North Shields, Tyne And Wear NE30 3DA3
£435K05/230.2 mi265, The Broadway, North Shields, Tyne And Wear NE30 3DG3
£220K09/230.21 mi20, Beresford Road, North Shields, Tyne And Wear NE30 3JQ3
£440K01/230.21 mi1, Beresford Road, North Shields, Tyne And Wear NE30 3JQ3
£295.6K01/210.23 mi5, Hartington Road, North Shields, Tyne And Wear NE30 3SJ3
£305K06/230.23 mi42, Seacrest Avenue, North Shields, Tyne And Wear NE30 3DP3
£252K09/230.24 mi8, Ennerdale Road, North Shields, Tyne And Wear NE30 3BJ3
£368K04/230.25 mi67, Seacrest Avenue, North Shields, Tyne And Wear NE30 3DN3
£358.6K09/210.25 mi60, Seacrest Avenue, North Shields, Tyne And Wear NE30 3DN3
£393.8K10/230.25 mi90, Seacrest Avenue, North Shields, Tyne And Wear NE30 3DN3
£295K05/230.25 mi53, Seacrest Avenue, North Shields, Tyne And Wear NE30 3DN3
£314K04/210.25 mi63, Seacrest Avenue, North Shields, Tyne And Wear NE30 3DN3
£349K03/230.25 mi88, Seacrest Avenue, North Shields, Tyne And Wear NE30 3DN3
£303K12/200.25 mi22, Beach Croft Avenue, North Shields, Tyne And Wear NE30 3SN3
£235K12/200.26 mi54, Wallington Avenue, North Shields, Tyne And Wear NE30 3QB3
£395K07/230.27 mi11, Sandhurst Avenue, North Shields, Tyne And Wear NE30 3DW3
£307.5K10/230.27 mi4, Hampton Road, North Shields, Tyne And Wear NE30 3HR3
£310K12/230.27 mi22, Shaftesbury Crescent, North Shields, Tyne And Wear NE30 3LR3
£350K03/210.27 mi291, The Broadway, North Shields, Tyne And Wear NE30 3LH3
£200K11/200.28 mi17, Bavington Gardens, North Shields, Tyne And Wear NE30 3QD3
£248.5K02/230.28 mi10, Penrith Avenue, North Shields, Tyne And Wear NE30 3UH3
£155K10/200.28 mi12, Bolam Grove, North Shields, Tyne And Wear NE30 3PZ3
£260K11/230.28 mi14, Bolam Grove, North Shields, Tyne And Wear NE30 3PZ3
£225.5K02/210.28 mi13, Seacombe Avenue, North Shields, Tyne And Wear NE30 3DR3
£255K05/230.29 mi1, Lorton Avenue, North Shields, Tyne And Wear NE30 3UR3
£300K10/210.29 mi2, Sunlea Avenue, North Shields, Tyne And Wear NE30 3DS3
£340K08/230.29 mi2, Sunlea Avenue, North Shields, Tyne And Wear NE30 3DS3

Local Rents

17 rents from £950/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25006/240.12 miSolway Avenue, Cullercoats3
£95003/250.17 mi-3
£1,20005/240.2 miCranbourne Grove, North Shields3
£1,20010/240.28 mi-3
£1,30003/240.3 mi-3
£1,30003/240.3 mi-3
£1,40002/250.3 mi-3
£1,30005/240.32 miSeacombe Avenue, Cullercoats, North Shields3
£1,00005/240.45 miMarden Road, Whitley Bay, NE253
£1,65007/240.45 miMarden Road South, Whitley Bay, Tyne and Wear, NE253
£1,25005/240.46 miFoxton Avenue, Cullercoats3
£1,40011/240.51 mi-3
£1,35005/240.52 miFalconer Court, Cullercoats3
£1,40007/240.54 miMillview Drive, North Shields3
£1,30005/240.58 miPlessey Crescent, Whitley Bay3
£1,20005/240.59 miPlessey Crescent, Whitley Bay, Tyne And Wear, NE253
£99507/240.59 mi-3

Local Area Statistics

Population in NE30

21,977

Population in North Shields

57,931

Town centre distance

1.25 miles away

Nearest school

0.20 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £375,000

January 29, 2025

Floor Plans

Description

  • Proximity to the Coast +
  • Modern Open-Plan Living +
  • Brand-New Bathroom +
  • South-Facing Rear Garden +
  • No Upper Chain +
  • Peninsula Dining Area +

Signature North East welcomes you to Solway Avenue, North Shields. This beautifully decorated three-bedroom home offers a peaceful setting that perfectly blends suburban charm with urban convenience. The area boasts a diverse range of amenities and lifestyle options, making it a wonderful place to call home. Families will appreciate the proximity to schools, parks, and green spaces, while excellent transport links and road networks provide easy access to neighbouring towns. Additionally, the close proximity to the coast enhances the appeal of a coastal lifestyle.

Stepping inside, the porch leads into an ample hallway, setting the tone for the modern and open-plan design of the ground floor. The inviting living room features a stylish fireplace wall, while a large window allows an abundance of natural light, creating a warm and welcoming atmosphere. Flowing seamlessly into the dining area, this space is highlighted by a charming exposed brick fireplace with a gas burner. A set of French doors beautifully connects the indoors to the outdoor space, allowing plenty of south-facing sunlight to stream in—perfect for entertaining or enjoying formal meals. The kitchen has just been decorated, showcasing sleek units and generous counter space that provide a stylish and practical solution for storage and meal preparation. The peninsula design provides a convenient dining area for casual meals. The kitchen is fully equipped with a gas cooker, washer-dryer, and fridge freezer. The utility room, accessible via the kitchen, offers additional storage and provides access to both the rear garden and garage.

Upstairs, the principal bedroom is elegantly decorated and offers ample space for a double bed and additional furnishings. The second bedroom benefits from fitted wardrobes, catering to storage needs, while the third bedroom provides versatility for various uses. The brand-new bathroom features modern, stylish tiling and is equipped with both a walk-in shower and a a bathtub.

Living Room - 3.54 x 3.34 (11'7" x 10'11") -

Kitchen / Dining Room - 6.35 x 3.7 (20'9" x 12'1") -

Utility Room - 2.3 x 2.14 (7'6" x 7'0") -

Bedroom One - 3.64 x 3.55 (11'11" x 11'7") -

Bedroom Two - 3.64 x 3.53 (11'11" x 11'6") -

Bedroom Three - 2.71 x 2.44 (8'10" x 8'0") -

Bathroom - 2.76 x 2.39 (9'0" x 7'10") -

Outside, the south-facing rear garden provides the perfect spot to relax in the sunshine. A patio area accommodates outdoor furniture, while a lush lawn with stepping stones leading to the shed adds character to the space. At the front, the well-maintained garden enhances the property’s kerb appeal, while the double driveway offers parking for two vehicles. Additionally, the single garage provides an extra parking space or convenient storage.

Agent Details

Signature, Tynemouth

0191 743 7187

Next Steps?

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