3 Bed Flat, Single Let, North Shields, NE30 4HQ, £500,000

Percy Gardens, Tynemouth, NE30 4HQ - 2 views - 2 months ago

Leasehold
BTL
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£65K - £750K
Sold Prices/m²£942/m² - £5.1K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£184,600

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£38,700

Total Cash In

£163,700

 

 

Cash Out

 

Rent Range

£950 - £1,650

Rent Estimate

£1,156

Running Costs/mo

£1,814

Cashflow/mo

£-658

Cashflow/yr

£-7,892

Gross Yield

3%

Local Sold Prices

50 sold prices from £65K to £750K, average is £150K. £942/m² to £5.1K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£358K04/210.07 mi48a, Hotspur Street, Tynemouth, North Shields, Tyne And Wear NE30 4EN3
£327.5K08/210.13 mi3, East Street, Tynemouth, North Shields, Tyne And Wear NE30 4EB3
£319K09/210.18 mi2, Lovelady Court, Tynemouth, North Shields, Tyne And Wear NE30 4RP3
£270K10/220.19 mi2, Arcade Park, North Shields, Tyne And Wear NE30 4HP3
£750K10/220.29 mi6, Tynemouth Terrace, North Shields, Tyne And Wear NE30 4BH3
£325K10/200.3 mi6, Tynemouth Terrace, North Shields, Tyne And Wear NE30 4BH3
£175K03/210.33 mi9, Birtley Avenue, North Shields, Tyne And Wear NE30 2RR3
£209.7K07/230.36 mi31, Birtley Avenue, North Shields, Tyne And Wear NE30 2RS3
£160K06/210.65 mi22, Park Crescent East, North Shields, Tyne And Wear NE30 2HQ3
£154K03/210.66 mi67, Kitchener Terrace, North Shields, Tyne And Wear NE30 2HH3
£155K02/210.66 mi48, Donkin Terrace, North Shields, Tyne And Wear NE30 2HF3
£175K03/230.76 mi65, Jackson Street, North Shields, Tyne And Wear NE30 2HY3
£167K02/210.77 mi10, Rosedale Terrace, North Shields, Tyne And Wear NE30 2HP3
£105K11/200.8 mi28, Coburg Street, North Shields, Tyne And Wear NE30 2HX3
£152K07/230.83 mi49a, Park Crescent, North Shields, Tyne And Wear NE30 2HR3
£127K07/210.89 mi41, North King Street, North Shields, Tyne And Wear NE30 2HS3
£84K11/200.89 mi41, North King Street, North Shields, Tyne And Wear NE30 2HS3
£180K04/230.97 mi25, Fontburn Terrace, North Shields, Tyne And Wear NE30 2AE3
£349.9K01/211 mi49, Beverley Terrace, North Shields, Tyne And Wear NE30 4NU3
£137.5K06/211.02 mi85, Belford Terrace, North Shields, Tyne And Wear NE30 2DA3
£150K03/231.02 mi21, Belford Terrace, North Shields, Tyne And Wear NE30 2DA3
£167.5K08/231.02 mi52, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BU3
£164.9K10/231.02 mi68, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BU3
£116K01/211.02 mi74, Belford Terrace, North Shields, Tyne And Wear NE30 2BZ3
£130K12/201.03 mi83, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BT3
£118K03/211.03 mi87, Trevor Terrace, North Shields, Tyne And Wear NE30 2DF3
£136.3K06/211.03 mi22, Military Road, North Shields, Tyne And Wear NE30 2AB3
£125K03/211.03 mi107, Trevor Terrace, North Shields, Tyne And Wear NE30 2DF3
£150K01/241.11 mi23, Haswell Gardens, North Shields, Tyne And Wear NE30 2DP3
£155K08/231.13 mi122, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR3
£120K08/231.17 mi94, Roman Road, South Shields, Tyne And Wear NE33 2AP3
£127.5K11/231.18 mi11, Station Road, Cullercoats, North Shields, Tyne And Wear NE30 4PQ3
£295K01/231.21 mi46a, Alma Place, North Shields, Tyne And Wear NE29 0LY3
£122.5K09/211.23 mi44, Rosebery Avenue, North Shields, Tyne And Wear NE29 9PQ3
£110K06/211.24 mi57, Salisbury Avenue, North Shields, Tyne And Wear NE29 9PD3
£167.5K03/211.25 mi14a, Percy Avenue, North Shields, Tyne And Wear NE30 4PE3
£82K12/201.25 mi14, Julian Street, South Shields, Tyne And Wear NE33 2EP3
£151.8K08/211.25 mi25a, Lawe Road, South Shields, Tyne And Wear NE33 2EX3
£80K03/211.28 mi27, Fairles Street, South Shields, Tyne And Wear NE33 2ER3
£246K12/211.31 mi31, Eskdale Terrace, Whitley Bay, Tyne And Wear NE26 2PJ3
£65K02/211.32 mi48, Henry Nelson Street, South Shields, Tyne And Wear NE33 2EZ3
£116K04/231.34 mi37, Roman Road, South Shields, Tyne And Wear NE33 2HA3
£65K05/211.35 mi16, River Drive, South Shields, Tyne And Wear NE33 1TL3
£325K12/221.36 mi22, Margaret Road, Whitley Bay, Tyne And Wear NE26 2PQ3
£137K03/231.38 mi22, Cleveland Avenue, North Shields, Tyne And Wear NE29 0NU3
£150.1K11/201.38 mi42, Cleveland Avenue, North Shields, Tyne And Wear NE29 0NU3
£133K05/211.39 mi16, Bishopbourne Court, North Shields, Tyne And Wear NE29 9JE3
£143K09/211.39 mi10, Bishopbourne Court, North Shields, Tyne And Wear NE29 9JE3
£136.5K11/221.39 mi6, Bishopbourne Court, North Shields, Tyne And Wear NE29 9JE3
£139.9K11/221.39 mi17, Bishopbourne Court, North Shields, Tyne And Wear NE29 9JE3

Local Rents

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

RentDateDistanceAddressBeds 
£1,65003/250.13 mi-3
£95008/240.13 miEast Street, Tynemouth3
£1,50003/250.13 mi-3
£1,30006/240.14 mi-3
£1,35005/240.15 miQueensway, Tynemouth3
£1,60007/240.19 miFront Street, Tynemouth3
£1,30005/240.22 miPercy Park, Tynemouth3
£1,20005/240.35 miKingswood Court,Tynemouth3
£1,30002/250.36 mi-3
£1,15005/240.5 miEdith Street, Tynemouth3

Local Area Statistics

Population in NE30

21,977

Population in North Shields

57,931

Town centre distance

1.42 miles away

Nearest school

0.10 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £500,000

February 13, 2025

Floor Plans

Description

  • Prestigious Address +
  • First Floor Apartment +
  • Stunning Sea Views +
  • Three Bedrooms +
  • Walk-in Shower +
  • Private, Landscaped Gardens +
  • Private Resident Parking +
  • Close to Front Street +
  • Close to Tynemouth Metro +
  • Fully Furnished +

Video Tour on our YouTube Channel |

A prime location in one of Tynemouth’s most sought-after addresses. This substantial first-floor apartment offers the perfect blend of spacious living, contemporary design, and unparalleled coastal views. Situated on the coveted Percy Gardens, this property promises a luxurious lifestyle with easy access to everything this charming coastal town has to offer.

The building is accessed via a communal entrance with stairs to the first floor, and the flat boasts a bright and airy lounge flooded with natural light, via the generous bay window which frames views of the surrounding landscaped gardens and the sea beyond. There is a spacious kitchen/diner with fitted wall and floor units, three good-sized bedrooms; bedroom one with fitted storage, and there is a stunning four-piece bathroom WC as well as a separate WC.

Externally, along with the private, landscaped gardens there is also residential parking available.

The enviable location is a stone’s throw from the beach and a short walk to Front Street, which offers a fantastic choice of vibrant bars and restaurants. A further few minutes’ walk will take you to Tynemouth Metro station and bus links.

Tynemouth itself is renowned for its historical charm, picturesque views, and community feel. Viewings are highly recommended to appreciate this property and the stunning location. For more information, please call our Tynemouth branch on .

Tenure
The agent understands the property to be leasehold. However, this should be confirmed with a licenced legal representative.

Council Tax band *D*.

Lounge - 5.63 x 4.29 (18'5" x 14'0") -

Kitchen/Diner - 4.72 x 4.27 (15'5" x 14'0") -

Bedroom One - 5.35 x 2.97 (17'6" x 9'8") -

Bedroom Two - 3.19 x 3.25 (10'5" x 10'7") -

Bedroom Three - 4.49 x 2.42 (14'8" x 7'11") -

Agent Details

Jan Forster Estates, Tynemouth

0191 625 0776

Next Steps?

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