2 Bed Flat, Single Let, North Shields, NE29 0JS, £74,950

211 Chirton Avenue, North Shields, NE29 0JS - 2 months ago

Sold STC
Leasehold
BTL
ROI: 10%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£45K - £160K
Sold Prices/m²£672/m² - £2.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£89,045
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,738

Stamp Duty & Legal Fees

£3,449

Total Cash In

£22,186

 

 

Cash Out

 

Rent Range

£475 - £2,000

Rent Estimate

£550

Running Costs/mo

£364

Cashflow/mo

£186

Cashflow/yr

£2,229

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £45K to £160K, average is £91K. £672/m² to £2.5K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£73K10/200.02 mi33, Chirton Avenue, North Shields, Tyne And Wear NE29 0JS2
£73K10/200.02 mi35, Chirton Avenue, North Shields, Tyne And Wear NE29 0JS2
£45K08/230.05 mi15, Silkeys Lane, North Shields, Tyne And Wear NE29 0JT2
£77.4K07/210.13 mi23, Billy Mill Avenue, North Shields, Tyne And Wear NE29 0QY2
£83K07/230.17 mi71a, Collingwood View, North Shields, Tyne And Wear NE29 0ER2
£73K01/210.17 mi85, Collingwood View, North Shields, Tyne And Wear NE29 0ER2
£47K09/210.17 mi42, Richmond Grove, North Shields, Tyne And Wear NE29 7QZ2
£75K04/230.19 mi7, Spence Terrace, North Shields, Tyne And Wear NE29 0JD2
£73.5K12/200.19 mi17, Spence Terrace, North Shields, Tyne And Wear NE29 0JD2
£110K11/230.22 mi10, Rutland Place, North Shields, Tyne And Wear NE29 0QT2
£80K02/230.23 mi17, Brannen Street, North Shields, Tyne And Wear NE29 0EH2
£92K06/230.24 mi142, Chirton West View, North Shields, Tyne And Wear NE29 0EN2
£69K11/220.26 mi23, Victoria Crescent, North Shields, Tyne And Wear NE29 0EX2
£76.5K03/210.3 mi143, West Percy Street, North Shields, Tyne And Wear NE29 0BY2
£107.5K05/210.35 mi51, Lansdowne Terrace, North Shields, Tyne And Wear NE29 0NJ2
£111.5K06/210.35 mi33, Lansdowne Terrace, North Shields, Tyne And Wear NE29 0NJ2
£122.5K12/200.35 mi31, Lansdowne Terrace, North Shields, Tyne And Wear NE29 0NJ2
£137K10/230.35 mi59, Lansdowne Terrace, North Shields, Tyne And Wear NE29 0NJ2
£105K06/230.35 mi73, Lansdowne Terrace, North Shields, Tyne And Wear NE29 0NJ2
£45K02/230.36 mi56, Vicarage Street, North Shields, Tyne And Wear NE29 6SJ2
£135K02/230.36 mi29, Lansdowne Terrace, North Shields, Tyne And Wear NE29 0NJ2
£74K08/210.36 mi54, Wallsend Road, North Shields, Tyne And Wear NE29 7BJ2
£69K04/210.41 mi47, Seymour Street, North Shields, Tyne And Wear NE29 6SN2
£53.5K07/210.41 mi98, Seymour Street, North Shields, Tyne And Wear NE29 6SS2
£56.5K07/230.42 mi9b, William Street West, North Shields, Tyne And Wear NE29 6RL2
£150K04/240.43 mi16, Spring Gardens Court, North Shields, Tyne And Wear NE29 0AN2
£115K09/210.44 mi14, Etal Court, North Shields, Tyne And Wear NE29 0HH2
£120K11/230.44 mi26, Etal Court, North Shields, Tyne And Wear NE29 0HH2
£116K03/230.44 mi2, Etal Court, North Shields, Tyne And Wear NE29 0HH2
£90K01/230.45 mi1, Etal Court, North Shields, Tyne And Wear NE29 0HH2
£98K09/230.46 mi72c, Cleveland Road, North Shields, Tyne And Wear NE29 0NT2
£71.5K10/220.47 mi65, Biddlestone Crescent, North Shields, Tyne And Wear NE29 7JW2
£65K11/200.47 mi8, Wooler Avenue, North Shields, Tyne And Wear NE29 7BD2
£63K05/210.48 mi8, William Street, North Shields, Tyne And Wear NE29 6RJ2
£63K05/210.48 mi8, William Street, North Shields, Tyne And Wear NE29 6RJ2
£124K11/200.48 mi37, Milton Terrace, North Shields, Tyne And Wear NE29 0PB2
£136K12/200.48 mi29, Milton Terrace, North Shields, Tyne And Wear NE29 0PB2
£90K11/200.49 mi46, Cleveland Avenue, North Shields, Tyne And Wear NE29 0NU2
£120K10/200.49 mi36, Cleveland Avenue, North Shields, Tyne And Wear NE29 0NU2
£90K10/230.49 mi58, Cleveland Avenue, North Shields, Tyne And Wear NE29 0NU2
£67K01/210.5 mi37, Stanley Street, North Shields, Tyne And Wear NE29 6RH2
£125K05/230.51 mi18, Cromwell Terrace, North Shields, Tyne And Wear NE29 0PA2
£130K12/200.52 mi164, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AL2
£102.3K05/230.52 mi135, Verne Road, North Shields, Tyne And Wear NE29 7DG2
£160K01/230.52 mi39, Cleveland Avenue, North Shields, Tyne And Wear NE29 0NU2
£129.5K05/210.53 mi37, Cleveland Avenue, North Shields, Tyne And Wear NE29 0NU2
£145.5K04/230.55 mi146, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AP2
£107K10/200.55 mi114, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AP2
£121K11/200.55 mi134, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AP2
£146K05/230.55 mi122, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AP2

Local Rents

50 rents from £475/mo to £2K/mo, average is £698/mo.

RentDateDistanceAddressBeds 
£62505/240.02 miChirton Avenue, North Shields2
£75012/240.05 miSilkeys Lane, North Shields, Tyne and Wear2
£80005/240.05 miSilkeys Lane, North Sheilds, NE29 0JT2
£79506/240.07 mi-2
£79505/240.07 miGardner Park, North Shields, NE292
£79506/240.07 miGardner Park, North Shields, NE292
£65006/240.12 miFront Terrace, North Shields, NE292
£59505/240.14 miBilly Mill Avenue, North Shields2
£1,45005/240.16 mi-2
£1,55007/240.16 mi-2
£1,55001/250.16 mi-2
£2,00003/250.16 mi-2
£65006/240.17 miNorth Shields2
£65006/240.17 miRichmond Grove, North Shields2
£77502/250.2 mi-2
£75001/240.2 mi-2
£62505/240.22 miHopper Street West, North Shields2
£69512/240.28 mi-2
£67506/240.3 miWest Percy Street, North Shields. NE29 0BY2
£95005/240.35 miAddington Crescent, North Shields, Tyne and Wear, NE292
£70010/240.35 mi-2
£70010/240.35 mi-2
£55005/240.35 miVicarage Street, North Shields. NE29 6SJ2
£75012/240.35 miLansdowne Terrace, North Shields, North Tyneside2
£72506/240.36 miLansdowne Tce, North Shields. NE29 0NJ. 2
£65006/240.38 miStanley Street West, North Shields2
£65005/240.4 miWest Percy Street, North Shields2
£72512/240.4 mi-2
£1,25005/240.4 mi-2
£90006/240.42 miBilly Mill Avenue, North Shields2
£65005/240.43 miWilliam Street West, North Shields, Tyne and Wear, NE29 6RL2
£75006/240.43 miHowdon Road, North Shields, NE292
£80005/240.44 miHowdon Road, North Shields2
£52505/240.44 miHowdon Road, North Shields. NE29 6ST2
£70006/240.44 miEtal Court, North Shields2
£62505/240.45 mi-2
£69502/250.46 mi-2
£67505/240.47 miBalkwell Avenue, North Shields, Tyne and Wear2
£75007/240.47 miCleveland Avenue, North Shields2
£47509/230.48 mi-2
£75005/240.48 miAlma Place, North Shields. NE29 0LY2
£65005/240.48 miWooler Avenue, North shields , North Shields, Tyne and Wear, NE29 7BD2
£60007/240.48 miWooler Avenue, North Shields2
£62506/240.5 miVerne Road, North Shields2
£62506/240.5 miVerne Road, North Shields2
£55007/240.51 miRudyerd Street, North Shields, NE292
£65007/240.51 miBalkwell Avenue, North Shields. NE29 7JF2
£60011/240.51 mi-2
£79507/240.51 miCromwell Terrace, North Shields, Tyne And Wear, NE292
£57507/240.54 miAddison Street, North Shields, NE29 6LR2

Local Area Statistics

Population in NE29

35,923

Population in North Shields

57,931

Town centre distance

0.45 miles away

Nearest school

0.30 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-14%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £74,950

February 5, 2025

Floor Plans

Description

  • Lower Flat +
  • Two Bedrooms +
  • No Upper Chain +

Fresh Property Centre are pleased to offer for sale this two bedroom lower flat situated on Chirton Avenue, North Shields. The accommodation comprises; entrance lobby, entrance hall, lounge, kitchen, two bedrooms, rear lobby, bathroom and separate WC. Externally there is a paved town garden to the front and a shared yard to the rear. The property benefits from gas central heating and double glazing. Offered with immediate vacant possession, an ideal first time buy.

Agent Details

Fresh Property Centre, North Shields

0191 625 1006

Next Steps?

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