3 Bed Semi-Detached House, Single Let, Newcastle upon Tyne, NE27 0LG, £170,000

Park Avenue, Shiremoor, NE27 0LG - 2 months ago

Under Offer
BTL
ROI: 2%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£90.1K - £350K
Sold Prices/m²£1K/m² - £3.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£166,672

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£750 - £1,400

Rent Estimate

£809

Running Costs/mo

£713

Cashflow/mo

£96

Cashflow/yr

£1,151

ROI

2%

Gross Yield

6%

Local Sold Prices

51 sold prices from £90.1K to £350K, average is £150K. £1K/m² to £3.6K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£136K09/210.04 mi95, Park Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LG3
£136K02/210.06 mi6, Milfield Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LE3
£125K11/200.07 mi82, Bywell Grove, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LZ3
£129K11/200.08 mi43, Park Grove, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LL3
£175.3K04/210.12 mi7, Allendale Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UE3
£177K09/210.12 mi17, Allendale Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UE3
£208K06/230.12 mi4, Allendale Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UE3
£197K09/230.12 mi28, Allendale Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0UE3
£145K10/220.14 mi67, Park Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LJ3
£108K03/210.14 mi78, Park Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LJ3
£110K06/230.18 mi5, Park Crescent, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LH3
£186K09/210.19 mi1, Park Lane, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TE3
£114K11/220.22 mi15, Park Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0LW3
£156K05/230.24 mi23, Wark Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0SU3
£105K11/220.26 mi69, South Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HS3
£145K07/230.26 mi75, South Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HS3
£138K12/200.26 mi3, Lesbury Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NL3
£114K12/200.29 mi16, Hector Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HR3
£132K03/210.31 mi12, Upper Crone Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0HP3
£141K11/200.32 mi62, Angerton Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TU3
£225K03/210.32 mi49, Angerton Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TU3
£165K06/210.32 mi60, Angerton Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TU3
£158K12/230.32 mi67, Angerton Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TU3
£248K06/240.32 mi48, Angerton Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TU3
£350K03/230.32 mi6, Angerton Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TT3
£162.6K09/230.36 mi6, Witton Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PH3
£120K04/210.36 mi98, Park Lane, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0TL3
£112K08/210.38 mi19, Harrow Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0QY3
£138K10/230.38 mi14, Harrow Street, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0QY3
£142.5K08/230.39 mi33, Horton Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PX3
£167K10/230.39 mi52, Horton Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PX3
£140K04/210.39 mi41, Lesbury Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NW3
£140K04/210.41 mi2, Kirkley Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PT3
£160K04/240.41 mi30, Brenkley Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PR3
£150K03/240.43 mi9, Stanton Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PN3
£150K03/240.43 mi9, Stanton Road, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PN3
£195K01/210.43 mi5, Earlsmeadow, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0GB3
£185K11/200.43 mi7, Earlsmeadow, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0GB3
£97.1K04/210.44 mi18, Kirkland Walk, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NR3
£265K05/210.45 mi52, Otterburn Avenue, Whitley Bay, Tyne And Wear NE25 9QR3
£310.5K11/220.45 mi79, Otterburn Avenue, Whitley Bay, Tyne And Wear NE25 9QR3
£245.5K05/240.45 mi19, Greenrigg Place, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0GA3
£227.5K06/230.45 mi8, Greenrigg Place, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0GA3
£230K02/240.45 mi15, Greenrigg Place, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0GA3
£131K05/230.46 mi17, Cartington Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PZ3
£190K10/230.47 mi40, Cartington Avenue, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0PY3
£90.1K04/230.47 mi50, Kirkland Walk, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NR3
£119K06/210.48 mi2, Boyne Gardens, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0NH3
£220K01/230.49 mi48, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0EZ3
£235K01/230.5 mi62, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0EZ3
£189.9K11/200.5 mi34, Dukesfield, Shiremoor, Newcastle Upon Tyne, Tyne And Wear NE27 0EZ3

Local Rents

20 rents from £750/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10007/240.43 miEarlsmeadow, Shiremoor3
£1,00003/250.44 mi-3
£85007/240.44 mi-3
£85007/240.44 miKirkland Walk, Shiremoor, Newcastle Upon Tyne, NE273
£99506/240.52 miPark Lane, Shiremoor3
£1,05005/240.63 miViscount Close, Shiremoor, Newcastle Upon Tyne3
£1,20002/240.74 mi-3
£1,30006/240.75 miThorntree Drive, West Monkseaton3
£1,20005/240.82 miHolyfields, West Allotment, Newcastle Upon Tyne, NE273
£85007/240.82 miGreenlea, North Shields. NE29 8HQ3
£1,15012/230.87 mi-3
£1,15008/240.87 mi-3
£1,40006/241.05 miHotspur North, Backworth, NE273
£1,40012/241.05 miHotspur North, Backworth, NE273
£1,10007/241.09 miChathill Close, Whitley Bay3
£1,40007/241.09 miParkside View, Backworth, Newcastle Upon Tyne3
£1,00002/241.1 mi-3
£79505/241.18 miOld Co-Op Buildings, Church Road, Backworth3
£75005/241.23 miDrury Lane, North Shields. NE29 8SR3
£79506/241.24 miDrury Lane, North Shields. NE29 8SR ** NEWLY REFURBISHED **3

Local Area Statistics

Population in NE27

12,335

Population in Newcastle upon Tyne

381,037

Town centre distance

6.61 miles away

Nearest school

0.40 miles away

Nearest train station

0.29 miles away

 

 

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

-8%

Property History

Listed for £170,000

January 29, 2025

Floor Plans

Description

  • Low-Maintenance Rear Garden +
  • 3-Bedroom +
  • Open-plan +
  • Metro Station Walking Distance +
  • Exposed Brick Fireplace +
  • Kitchen Peninsula Meal Area +

Signature North East welcomes you to Park Avenue, Shiremoor. This well-positioned three-bedroom home is set in a vibrant neighbourhood with a range of amenities right on your doorstep, making it an attractive place to call home. Families will appreciate the close proximity to schools, parks, and green spaces, while excellent transport links, including Shiremoor Metro Station, ensure easy commuting. The nearby A19 provides convenient access to major towns and beyond.

Stepping inside, the hallway warmly welcomes you into the living room, where an exposed brick fireplace with an electric fire creates a cosy focal point. A large window allows plenty of natural light, making this an inviting space to relax with loved ones. The open-plan feel seamlessly connects the living room to the dining area, making it ideal for gatherings and entertaining. The bright and modern kitchen features a peninsula breakfast bar, with electric hob, also providing a casual dining area and plenty of counter space. Fully equipped with a fridge freezer, electric hob, and cooker, the kitchen is both stylish and practical. A set of French doors leads directly to the rear garden, allowing for easy indoor-outdoor living. The ground floor is completed by a well-appointed bathroom, featuring a bathtub with an overhead shower.

Upstairs, three well-proportioned bedrooms provide comfortable spaces to unwind at the end of the day. The third bedroom, currently used as a home office, adds versatility, offering plenty of space for guests or remote working.

Outside, the low-maintenance rear garden is perfect for outdoor living, featuring a large decked area ideal for garden furniture, a secondary seating area, and a stone patio. On-street parking is available without the need for permits.

Living Room - 3.62 x 3.56 (11'10" x 11'8") -

Dining Room - 3.56 x 2.61 (11'8" x 8'6") -

Kitchen / Diner - 4.89 x 3.82 (16'0" x 12'6") -

Bathroom - 2.61 x 1.82 (8'6" x 5'11") -

Bedroom One - 4.46 x 2.64 (14'7" x 8'7") -

Bedroom Two - 3.72 x 2.81 (12'2" x 9'2") -

Bedroom Three - 2.72 x 2.57 (8'11" x 8'5") -

Agent Details

Signature, Whitley Bay

0191 625 0122

Next Steps?

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