2 Bed Flat, Single Let, North Shields, NE30 2HQ, £169,950

Park Crescent East, North Shields, NE30 2HQ - 3 views - 2 months ago

Sold STC

Leasehold

BTL

~68 m²

+3 photos

ValuationOvervalued

Sold Prices	£97.5K - £215K
Sold Prices/m²	£1.1K/m² - £3.6K/m²

Square Metres	~68.11 m²
Price/m²	£2.5K/m²
Value Estimate	£147,784£147,784

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£42,488£42,488
Stamp Duty & Legal Fees	£6,299£6,299
Total Cash In	£48,786£48,786

Cash Out
Rent Range	£600 - £1,545£600 - £1,545
Rent Estimate	£695
Running Costs/mo	£690£690
Cashflow/mo	£5£5
Cashflow/yr	£59£59
ROI	0%0%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £97.5K to £215K, average is £150K. £1.1K/m² to £3.6K/m², average is £2.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£147.5K	02/21	0.02 mi	23, Park Crescent East, North Shields, Tyne And Wear NE30 2HQ	£2,138	69	2	Flat
£147.5K	02/21	0.03 mi	25, Park Crescent East, North Shields, Tyne And Wear NE30 2HQ	£2,107	70	2	Flat
£147.5K	04/21	0.03 mi	12, Park Crescent East, North Shields, Tyne And Wear NE30 2HQ	£1,978	75	2	Flat
£182K	08/23	0.03 mi	46, Washington Terrace, North Shields, Tyne And Wear NE30 2HJ	£2,676	68	2	Flat
£145K	06/21	0.04 mi	44, Washington Terrace, North Shields, Tyne And Wear NE30 2HJ	£1,883	77	2	Flat
£175K	11/23	0.06 mi	62, Washington Terrace, North Shields, Tyne And Wear NE30 2HG	£2,671	66	2	Flat
£184.7K	09/22	0.06 mi	13, Kitchener Terrace, North Shields, Tyne And Wear NE30 2HH	£2,627	70	2	Flat
£195.3K	01/23	0.07 mi	47, Kitchener Terrace, North Shields, Tyne And Wear NE30 2HH	£2,712	72	2	Flat
£192.1K	04/23	0.08 mi	53, Princes Street, North Shields, Tyne And Wear NE30 2HN	£2,744	70	2	Flat
£147.5K	07/21	0.08 mi	75, Princes Street, North Shields, Tyne And Wear NE30 2HN	£2,169	68	2	Flat
£175K	03/23	0.1 mi	47, Donkin Terrace, North Shields, Tyne And Wear NE30 2HF	£3,113	56	2	Flat
£165K	06/23	0.1 mi	23, Donkin Terrace, North Shields, Tyne And Wear NE30 2HF	£2,464	67	2	Flat
£175K	06/23	0.1 mi	14, Donkin Terrace, North Shields, Tyne And Wear NE30 2HF	£2,692	65	2	Flat
£130K	04/21	0.1 mi	9, Donkin Terrace, North Shields, Tyne And Wear NE30 2HF	£2,031	64	2	Flat
£167K	01/23	0.1 mi	9, Donkin Terrace, North Shields, Tyne And Wear NE30 2HF	£2,609	64	2	Flat
£150K	07/21	0.13 mi	19, Park Terrace, North Shields, Tyne And Wear NE30 2HA	-	-	2	Flat
£155K	07/21	0.13 mi	28, Park Terrace, North Shields, Tyne And Wear NE30 2HA	£1,928	80	2	Flat
£155K	07/21	0.13 mi	29, Park Terrace, North Shields, Tyne And Wear NE30 2HA	£2,123	73	2	Flat
£181K	01/23	0.13 mi	6, Park Terrace, North Shields, Tyne And Wear NE30 2HA	-	-	2	Flat
£130K	09/22	0.14 mi	69, Jackson Street, North Shields, Tyne And Wear NE30 2HY	£1,970	66	2	Flat
£165.5K	11/22	0.15 mi	29, Rosedale Terrace, North Shields, Tyne And Wear NE30 2HP	£2,586	64	2	Flat
£97.5K	09/23	0.15 mi	18, Linskill Park, North Shields, Tyne And Wear NE30 2BF	-	-	2	Flat
£162K	11/20	0.17 mi	53a, Park Crescent, North Shields, Tyne And Wear NE30 2HR	£2,219	73	2	Flat
£100K	02/21	0.18 mi	21, Jackson Street, North Shields, Tyne And Wear NE30 2HT	£1,366	73	2	Flat
£100K	02/21	0.18 mi	23, Jackson Street, North Shields, Tyne And Wear NE30 2HT	£1,695	59	2	Flat
£132.5K	10/23	0.18 mi	39, Coburg Street, North Shields, Tyne And Wear NE30 2HX	£1,771	75	2	Flat
£125K	11/20	0.21 mi	46, Hazeldene Court, North Shields, Tyne And Wear NE30 4AD	£2,551	49	2	Flat
£144K	07/23	0.21 mi	63, Hazeldene Court, North Shields, Tyne And Wear NE30 4AD	£2,717	53	2	Flat
£130K	01/21	0.21 mi	69, Hazeldene Court, North Shields, Tyne And Wear NE30 4AD	£2,470	53	2	Flat
£120K	06/21	0.21 mi	71, Hazeldene Court, North Shields, Tyne And Wear NE30 4AD	£2,442	49	2	Flat
£128.5K	06/23	0.21 mi	65, Hazeldene Court, North Shields, Tyne And Wear NE30 4AD	£2,471	52	2	Flat
£154K	03/23	0.21 mi	54, Tynemouth Road, North Shields, Tyne And Wear NE30 1EE	£1,833	84	2	Flat
£150K	01/23	0.21 mi	40, Hazeldene Court, North Shields, Tyne And Wear NE30 4AD	£2,754	54	2	Flat
£175K	02/23	0.21 mi	34a, Linskill Terrace, North Shields, Tyne And Wear NE30 2EN	£2,134	82	2	Flat
£114K	08/21	0.25 mi	37, North King Street, North Shields, Tyne And Wear NE30 2HS	£1,898	60	2	Flat
£215K	07/23	0.27 mi	14, Hulne Avenue, North Shields, Tyne And Wear NE30 2SA	£3,574	60	2	Flat
£100K	11/20	0.28 mi	45, River View, North Shields, Tyne And Wear NE30 4AF	£1,064	94	2	Flat
£174K	12/22	0.31 mi	153, Trevor Terrace, North Shields, Tyne And Wear NE30 2DF	£2,338	74	2	Flat
£120K	07/23	0.31 mi	23, Grey Street, North Shields, Tyne And Wear NE30 2DZ	£1,846	65	2	Flat
£164.9K	09/23	0.32 mi	35, Fontburn Terrace, North Shields, Tyne And Wear NE30 2AE	£2,170	76	2	Flat
£164.9K	09/23	0.32 mi	33, Fontburn Terrace, North Shields, Tyne And Wear NE30 2AE	-	-	2	Flat
£175K	03/21	0.32 mi	8, Birtley Avenue, North Shields, Tyne And Wear NE30 2RR	£2,679	65	2	Flat
£180K	07/23	0.32 mi	7, Birtley Avenue, North Shields, Tyne And Wear NE30 2RR	£3,230	56	2	Flat
£110K	11/22	0.33 mi	94, Belford Terrace, North Shields, Tyne And Wear NE30 2BZ	£1,642	67	2	Flat
£111.5K	12/22	0.36 mi	62, Brock Farm Court, North Shields, Tyne And Wear NE30 2BQ	£1,593	70	2	Flat
£160K	11/22	0.36 mi	22, Brock Farm Court, North Shields, Tyne And Wear NE30 2BQ	£2,353	68	2	Flat
£159.9K	07/23	0.36 mi	25, Drummond Terrace, North Shields, Tyne And Wear NE30 2AW	£1,999	80	2	Flat
£120K	04/21	0.36 mi	114, Trevor Terrace, North Shields, Tyne And Wear NE30 2DE	£1,714	70	2	Flat
£125K	11/23	0.36 mi	32, Brock Farm Court, North Shields, Tyne And Wear NE30 2BQ	£1,822	69	2	Flat
£107K	04/21	0.37 mi	39, Belford Terrace, North Shields, Tyne And Wear NE30 2DA	£1,646	65	2	Flat

Local Rents

51 rents from £600/mo to £1.5K/mo, average is £800/mo.

Rent	Date	Distance	Address	Beds	Type
£795	05/24	0.02 mi	Park Crescent East, North Shields	2	Flat
£950	03/25	0.05 mi	-	2	Flat
£800	05/24	0.06 mi	Washington Terrace, North Shields	2	Flat
£675	12/23	0.06 mi	-	2	Flat
£725	08/24	0.06 mi	-	2	Flat
£825	07/24	0.08 mi	Park Crescent, North Shields	2	Flat
£725	06/24	0.11 mi	Donkin Terrace, North Shields	2	Flat
£1,200	08/24	0.13 mi	Rosedale Terrace, North Shields	2	Terraced House
£820	08/24	0.16 mi	Rosedale Terrace, North Shields, Tyne and Wear, NE30 2HP	2	Flat
£600	05/24	0.17 mi	Grey Street, North Shields	2	Flat
£750	05/24	0.18 mi	Coburg Street, North Shields	2	Flat
£700	08/24	0.18 mi	-	2	Flat
£700	08/24	0.18 mi	-	2	Flat
£850	07/24	0.19 mi	Park Crescent, North Shields	2	Flat
£750	04/25	0.21 mi	-	2	Flat
£695	07/24	0.23 mi	North King Street, North Shields. NE30 2HS. SUPER VALUE !!	2	Flat
£695	07/24	0.23 mi	North King Street, North Shields. NE30 2HS. SUPER VALUE !!	2	Flat
£895	07/24	0.24 mi	-	2	Flat
£795	03/25	0.24 mi	-	2	Flat
£1,000	07/24	0.27 mi	Jackson Street West, North Shields	2	Terraced House
£1,545	02/24	0.28 mi	-	2	Flat
£950	06/24	0.29 mi	Hulne Avenue, North Shields	2	Flat
£950	06/24	0.29 mi	Hulne Avenue, North Shields	2	Flat
£925	08/24	0.3 mi	Harbour Apartments, East Percy Street	2	Flat
£800	07/24	0.31 mi	38 Trevor Terrace	2	Terraced House
£850	01/25	0.31 mi	-	2	Flat
£1,375	06/24	0.32 mi	Beanley Crescent, North Shields	2	Terraced House
£800	07/24	0.33 mi	Trevor Terrace, North Shields	2	Flat
£695	07/24	0.34 mi	Grey Street, North Shields	2	Flat
£850	05/24	0.34 mi	Belford Terrace, North Shields	2	Flat
£750	05/24	0.34 mi	Trevor Terrace, North Shields	2	Flat
£750	06/24	0.35 mi	Trevor Terrace, North Shields. NE30 2DE	2	Flat
£750	08/24	0.35 mi	Trevor Terrace, North Shields. NE30 2DE	2	Flat
£795	06/24	0.36 mi	Drummond Terrace, North Shields, Tyne and Wear, NE30	2	Terraced House
£622	01/25	0.37 mi	-	2	Flat
£795	06/24	0.37 mi	Belford Terrace, North Shields, Tyne And Wear, NE30	2	Flat
£750	05/24	0.38 mi	Military Road, North Shields	2	Flat
£750	05/24	0.39 mi	Trevor Terrace, North Shields	2	Flat
£895	05/24	0.39 mi	-	2	Flat
£895	06/24	0.39 mi	-	2	Flat
£895	06/24	0.39 mi	Bamborough Terrace, North Shields, NE30	2	Flat
£750	07/24	0.41 mi	Trevor Terrace, North Shields. NE30 2DE	2	Flat
£675	05/24	0.41 mi	Bamborough Terrace, North Shields	2	Flat
£775	05/24	0.42 mi	Belford Terrace, North Shields	2	Flat
£975	12/24	0.42 mi	-	2	Flat
£1,250	07/24	0.42 mi	Irvin Building, North Shields. NE30 1BH STUNNING APARTMENT	2	Flat
£1,000	05/24	0.42 mi	The Irvin Building, North Shields, Tyne & Wear, NE30	2	Flat
£800	05/24	0.42 mi	Trevor Terrace, North Shields, Tyne and Wear, NE30 2DE	2	Flat
£865	02/25	0.44 mi	-	2	Semi-Detached House
£950	05/24	0.45 mi	Sovereign House, Tynemouth	2	Flat
£750	06/24	0.45 mi	Oxford Street, Tynemouth, Newcastle upon Tyne, NE30	2	Flat

Local Area Statistics

Population in NE30	21,97721,977
Population in North Shields	57,93157,931
Town centre distance	0.77 miles away0.77 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.50 miles away0.50 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+29%+29%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+35%+35%

Property History

Listed for £169,950

February 17, 2025

Floor Plans

Description

TWO GOOD SIZE BEDROOMS +
GROUND FLOOR POSITION +
PRIVATE REAR YARD +
SOUGHT AFTER LOCATION +
SPACIOUS ACCOMMODATION +
FITTED KITCHEN AND BATHROOM +
CLOSE PROXIMITY TO LOCAL AMENITIES AND TRANSPORT LINKS +
POSITIONED ASIDE NORTHUMBERLAND PARK +

*Best and Final Offers - Monday 3rd March at 2pm*

WELL PRESENTED TWO BEDROOM GROUND FLOOR FLAT SITUATED WITHIN THIS SOUGHT AFTER AREA ON THE OUTSKIRTS OF TYNEMOUTH

Brannen and Partners welcome to the market this two bedroom Tyneside flat, conveniently located within walking distance of Tynemouth, placed aside Northumberland Park. Briefly comprising: two good size bedrooms, pleasant living space, fitted kitchen and bathroom with private rear yard.

Briefly comprising: Private entrance vestibule into the hallway. To the front of the property is the principal bedroom. Currently being used as a living room, it is a generous size with polished wooden flooring, feature fireplace and UPVC double glazed bay window. The lounge to the rear of the property also has polished wooden flooring, with door leading into the kitchen.

The kitchen has a range of base units with worktops, integrated oven with gas hob above, in addition to space for a fridge freezer and plumbing for a washing machine. A door gives access to the private rear yard.

There is a well presented bathroom comprising bath with shower over, sink unit, WC, polished wooden flooring and heated towel rail. The second bedroom is generous in size, comfortably fitting a double bed.

Externally to the rear of the property is a private yard, parking is on street.

North Shields offers a wide range of amenities. It is close to major road links providing ease of access to other local towns, the coast and Newcastle City centre as well as good bus and metro links. The property is a short walk in to Tynemouth Village which offers a good range of shops, cafés and restaurants as well as the award winning Long Sands beach. Tynemouth Golf Club is a few minutes walk away as is the newly regenerated Northumberland Park ideal for pleasant walks.

Hallway -

Living Room/Bedroom - 4.46 x 3.64 (14'7" x 11'11") -

Living Room - 4.22 x 3.89 (13'10" x 12'9") -

Kitchen - 2.65 x 2.02 (8'8" x 6'7") -

Bedroom - 3.16 x 2.95 (10'4" x 9'8") -

Bathroom - 2.53 x 2.42 (8'3" x 7'11") -

Rear Yard -

Tenure - Leasehold

Agent Details

Brannen & Partners, Tynemouth

0191 625 0803

Next Steps?

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