3 Bed Semi-Detached House, Single Let, South Shields, NE34 7EE, £145,000

Ede Avenue, South Shields, NE34 7EE - 3 months ago

BTL
ROI: 7%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£82K - £290K
Sold Prices/m²£1.1K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£173,041
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£5,550

Total Cash In

£41,800

 

 

Cash Out

 

Rent Range

£725 - £1,100

Rent Estimate

£900

Running Costs/mo

£653

Cashflow/mo

£247

Cashflow/yr

£2,963

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £82K to £290K, average is £165K. £1.1K/m² to £3.4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£180K07/230.08 mi70, Ede Avenue, South Shields, Tyne And Wear NE34 7ED3
£100K04/210.1 mi93, Steward Crescent, South Shields, Tyne And Wear NE34 7EJ3
£115K11/200.11 mi65, Thornholme Avenue, South Shields, Tyne And Wear NE34 7DS3
£152K12/200.11 mi59, Hylton Avenue, South Shields, Tyne And Wear NE34 7SF3
£155K07/240.12 mi23, Ede Avenue, South Shields, Tyne And Wear NE34 7EB3
£127K03/230.12 mi2, Ede Avenue, South Shields, Tyne And Wear NE34 7EA3
£161.5K08/230.16 mi45, Walworth Avenue, South Shields, Tyne And Wear NE34 7EW3
£180K07/230.16 mi10, Thornholme Avenue, South Shields, Tyne And Wear NE34 7DT3
£130K10/210.18 mi145, Tanfield Gardens, South Shields, Tyne And Wear NE34 7DX3
£197.5K12/230.18 mi24, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£160K12/200.18 mi27, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£190K05/230.18 mi4, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£192K06/240.2 mi107, Lumley Avenue, South Shields, Tyne And Wear NE34 7DL3
£165K02/230.21 mi11, Fulwell Avenue, South Shields, Tyne And Wear NE34 7DH3
£170K03/230.21 mi126, Centenary Avenue, South Shields, Tyne And Wear NE34 6SG3
£127K04/210.21 mi70, Tanfield Gardens, South Shields, Tyne And Wear NE34 7DY3
£139.9K01/210.22 mi4, Deneside, South Shields, Tyne And Wear NE34 7RW3
£165K05/240.22 mi4, Deneside, South Shields, Tyne And Wear NE34 7RW3
£171K06/210.23 mi47, Dorset Avenue, South Shields, Tyne And Wear NE34 7JA3
£162K11/200.23 mi51, Dorset Avenue, South Shields, Tyne And Wear NE34 7JA3
£157K11/200.25 mi30, Lumley Avenue, South Shields, Tyne And Wear NE34 7DW3
£272K10/230.25 mi120, Lumley Avenue, South Shields, Tyne And Wear NE34 7BN3
£152K05/230.25 mi16, Chirton Grove, South Shields, Tyne And Wear NE34 7BP3
£260K10/230.25 mi17, Suffolk Gardens, South Shields, Tyne And Wear NE34 7JF3
£165K09/230.26 mi8, Bywell Avenue, South Shields, Tyne And Wear NE34 6RP3
£196K12/220.29 mi48, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£125K11/200.29 mi52, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£186K09/230.29 mi39, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£290K11/220.3 mi42, Beacon Glade, South Shields, Tyne And Wear NE34 7PS3
£100K07/210.31 mi17, Farne Avenue, South Shields, Tyne And Wear NE34 7HG3
£140K12/200.32 mi22, Falstone Avenue, South Shields, Tyne And Wear NE34 6SB3
£210K12/230.33 mi17, Westmorland Road, South Shields, Tyne And Wear NE34 7JL3
£230K05/220.34 mi21, Beaconside, South Shields, Tyne And Wear NE34 7PY3
£155K07/230.35 mi31, Westmorland Road, South Shields, Tyne And Wear NE34 7JJ3
£140K04/210.35 mi28, Westmorland Road, South Shields, Tyne And Wear NE34 7JJ3
£245K12/230.36 mi8, Beacon Glade, South Shields, Tyne And Wear NE34 7PS3
£245K03/230.36 mi96, Beaconside, South Shields, Tyne And Wear NE34 7PX3
£190K03/230.36 mi8, Norfolk Road, South Shields, Tyne And Wear NE34 7JW3
£120K02/210.36 mi40, Norfolk Road, South Shields, Tyne And Wear NE34 7JW3
£127K04/230.38 mi78, Horsley Vale, South Shields, Tyne And Wear NE34 6JX3
£170K05/230.38 mi181, Horsley Vale, South Shields, Tyne And Wear NE34 6JX3
£167K01/210.39 mi22, Norfolk Road, South Shields, Tyne And Wear NE34 7JW3
£290K02/220.39 mi92, Beaconside, South Shields, Tyne And Wear NE34 7PX3
£193K06/240.4 mi42, Felton Avenue, South Shields, Tyne And Wear NE34 6RY3
£143.5K01/210.4 mi34, Felton Avenue, South Shields, Tyne And Wear NE34 6RY3
£230K12/220.4 mi20, Ridley Grove, South Shields, Tyne And Wear NE34 6RN3
£235K12/220.4 mi116, Marsden Road, South Shields, Tyne And Wear NE34 6RL3
£85K03/210.41 mi28, School Approach, South Shields, Tyne And Wear NE34 6DP3
£222K04/210.42 mi77, Beacon Glade, South Shields, Tyne And Wear NE34 7QU3
£82K11/230.42 mi8, Shelley Avenue, South Shields, Tyne And Wear NE34 7QE3

Local Rents

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

RentDateDistanceAddressBeds 
£79507/240.21 miGreenside, Marsden, South Shields, Tyne and Wear, NE34 7RN3
£89505/240.27 miFulwell Avenue, South Shields3
£90012/240.28 mi-3
£89505/240.3 miLumley Avenue, South Shields3
£85004/240.33 mi-3
£80005/240.35 mi-3
£77505/240.35 mi-3
£95005/240.35 miEast Avenue, South Shields, NE343
£97505/240.36 miEast Avenue, South Shields, NE343
£85005/240.36 mi-3
£95005/240.39 miCentenary Avenue, South Shields3
£85010/230.43 mi-3
£75503/250.45 mi-3
£78512/240.46 mi-3
£85007/240.49 miHorsley Vale, South Shields3
£72512/240.51 mi-3
£89505/240.61 miLizard Lane, South Shields3
£1,10007/240.62 miAllendale Drive, South Shields3

Local Area Statistics

Population in NE34

52,101

Population in South Shields

79,432

Town centre distance

1.17 miles away

Nearest school

0.30 miles away

Nearest train station

1.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £145,000

February 11, 2025

Floor Plans

Description

  • Three Bedrooms +
  • Street Parking +
  • Close to Transport Links +
  • Council Tax Band A +
  • EPC Rating D +

We are delighted to welcome to the market this three bedroom semi detached house located on Ede Avenue in South Shields. It is situated close to the Coast Road and has good local bus and road access in and out of the centre, the beachfront is also within easy access too. There are an array of local amenities close by including local schools, supermarkets, cafes, pubs and South Tyneside College is also within a short car ride away.
* THE PROPERTY WAS PREVIOUSLY RENTED AT £900.00 PCM BEING SOLD WITH VACANT POSSESSION * COUNCIL TAX BAND A * EPC RATING D *
Reception 1

Kitchen

Bedroom 1

Bedroom 2

Bedroom 3

Bathroom

In accordance with the Property Misdescriptions ACT (1991) we have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Tenure and boundary information are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
Utility Room
Utility Room
Hall

Agent Details

My Property Box, Jesmond

0191 743 9031

Next Steps?

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