2 Bed Terraced House, Single Let, North Shields, NE29 0JA, £109,950

212 Albion Road West, North Shields, NE29 0JA - 2 months ago

Sold STC
BTL
ROI: 3%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£68.5K - £269.9K
Sold Prices/m²£761/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£133,040
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,488

Stamp Duty & Legal Fees

£4,499

Total Cash In

£31,986

 

 

Cash Out

 

Rent Range

£475 - £1,595

Rent Estimate

£550

Running Costs/mo

£474

Cashflow/mo

£76

Cashflow/yr

£917

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £68.5K to £269.9K, average is £161K. £761/m² to £3.6K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£84K03/230.08 mi6a, Hylton Terrace, North Shields, Tyne And Wear NE29 0EE2
£123.5K03/240.1 mi91, West Percy Street, North Shields, Tyne And Wear NE29 0DJ2
£269.9K08/230.13 mi13, Lovaine Terrace, North Shields, Tyne And Wear NE29 0HJ2
£265K09/230.13 mi54, Brightman Road, North Shields, Tyne And Wear NE29 0HP2
£133K05/230.21 mi60, Collingwood View, North Shields, Tyne And Wear NE29 0ET2
£250K10/230.22 mi3, Grosvenor Place, North Shields, Tyne And Wear NE29 0NH2
£156.5K05/210.23 mi15, Highbury Place, North Shields, Tyne And Wear NE29 0RD2
£150K10/230.24 mi6, Gardner Park, North Shields, Tyne And Wear NE29 0EA2
£120K06/230.24 mi8, Gardner Park, North Shields, Tyne And Wear NE29 0EA2
£124K05/210.24 mi6, Gardner Park, North Shields, Tyne And Wear NE29 0EA2
£122K02/210.25 mi130, Gardner Park, North Shields, Tyne And Wear NE29 0EB2
£155.5K05/230.25 mi74, Gardner Park, North Shields, Tyne And Wear NE29 0EB2
£160K06/210.25 mi86, Gardner Park, North Shields, Tyne And Wear NE29 0EB2
£143.5K03/230.27 mi5, Henry Street, North Shields, Tyne And Wear NE29 6SH2
£192K05/230.27 mi1a, Brighton Grove, North Shields, Tyne And Wear NE29 0RQ2
£130K08/210.27 mi12, Spencer Street, North Shields, Tyne And Wear NE29 6RF2
£102.5K11/230.33 mi57, Trinity Street, North Shields, Tyne And Wear NE29 6LZ2
£195K11/230.33 mi111, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR2
£155K12/200.33 mi84, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR2
£220K09/230.33 mi90, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR2
£185K07/230.33 mi110, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR2
£183.5K04/230.33 mi107, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR2
£162K12/200.33 mi28, Glendale Avenue, North Shields, Tyne And Wear NE29 0RP2
£130K08/230.34 mi13, Cromwell Terrace, North Shields, Tyne And Wear NE29 0PA2
£179K10/200.34 mi27, Billy Mill Avenue, North Shields, Tyne And Wear NE29 0QY2
£126.5K01/240.34 mi12, Kielder Terrace, North Shields, Tyne And Wear NE30 2AD2
£160K03/210.35 mi34, Highbury Place, North Shields, Tyne And Wear NE29 0RA2
£180K10/230.35 mi24, Highbury Place, North Shields, Tyne And Wear NE29 0RA2
£185K12/220.35 mi189, Gardner Park, North Shields, Tyne And Wear NE29 0EZ2
£160K10/200.35 mi54, Fern Avenue, North Shields, Tyne And Wear NE29 0RJ2
£149K11/200.37 mi50, Haswell Gardens, North Shields, Tyne And Wear NE30 2DP2
£215K07/230.38 mi6, Milton Place, North Shields, Tyne And Wear NE29 0PD2
£197K07/210.38 mi1, Milton Place, North Shields, Tyne And Wear NE29 0PD2
£68.5K12/200.38 mi43, Laet Street, North Shields, Tyne And Wear NE29 6NN2
£189K05/210.39 mi22, Billy Mill Avenue, North Shields, Tyne And Wear NE29 0QS2
£189K05/210.39 mi22, Billy Mill Avenue, North Shields, Tyne And Wear NE29 0QS2
£163K11/200.39 mi47, Brock Farm Court, North Shields, Tyne And Wear NE30 2BH2
£118K11/200.39 mi23, Chirton Lane, North Shields, Tyne And Wear NE29 0SB2
£125K03/230.39 mi21, Chirton Lane, North Shields, Tyne And Wear NE29 0SB2
£132.5K05/230.39 mi23, Chirton Lane, North Shields, Tyne And Wear NE29 0SB2
£126K10/230.4 mi15, Simpson Street, Chirton, North Shields, Tyne And Wear NE29 7QF2
£187.5K12/220.41 mi79, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR2
£220K07/230.41 mi28, Kimberley Avenue, North Shields, Tyne And Wear NE29 0RL2
£225K02/240.42 mi5, Sandringham Gardens, North Shields, Tyne And Wear NE29 9AX2
£260K12/230.44 mi1, Windsor Gardens, North Shields, Tyne And Wear NE29 9AZ2
£175K06/210.44 mi14, Windsor Gardens, North Shields, Tyne And Wear NE29 9AZ2
£166.5K02/230.45 mi11, Stephenson Street, North Shields, Tyne And Wear NE30 1ES2
£162K05/230.45 mi65, Trevor Terrace, North Shields, Tyne And Wear NE30 2DF2
£250K08/230.46 mi10, Tudor Avenue, North Shields, Tyne And Wear NE29 0RY2
£86K01/210.48 mi36, Oakham Gardens, North Shields, Tyne And Wear NE29 7QG2

Local Rents

50 rents from £475/mo to £1.6K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£67506/240.08 miWest Percy Street, North Shields. NE29 0BY2
£69501/250.09 mi-2
£65005/240.1 miWest Percy Street, North Shields2
£62505/240.11 miHopper Street West, North Shields2
£77503/250.13 mi-2
£1,25005/240.13 mi-2
£75001/240.14 mi-2
£69503/250.15 mi-2
£70006/240.18 miEtal Court, North Shields2
£75005/240.19 miAlma Place, North Shields. NE29 0LY2
£47509/230.2 mi-2
£72506/240.21 miLansdowne Tce, North Shields. NE29 0NJ. 2
£75012/240.21 miLansdowne Terrace, North Shields, North Tyneside2
£60011/240.24 mi-2
£65005/240.24 miWilliam Street West, North Shields, Tyne and Wear, NE29 6RL2
£55007/240.25 miRudyerd Street, North Shields, NE292
£55005/240.27 miVicarage Street, North Shields. NE29 6SJ2
£65006/240.27 miStanley Street West, North Shields2
£65005/240.3 miCleveland Road, North Shields2
£75007/240.32 miCleveland Avenue, North Shields2
£79505/240.32 miGardner Park, North Shields, NE292
£79506/240.32 miGardner Park, North Shields, NE292
£79506/240.32 mi-2
£72512/240.32 mi-2
£62505/240.34 miChirton Avenue, North Shields2
£86502/250.34 mi-2
£59505/240.34 miBilly Mill Avenue, North Shields2
£79507/240.34 miCromwell Terrace, North Shields, Tyne And Wear, NE292
£75012/240.36 miSilkeys Lane, North Shields, Tyne and Wear2
£75006/240.36 miHowdon Road, North Shields, NE292
£80005/240.36 miSilkeys Lane, North Sheilds, NE29 0JT2
£70010/240.36 mi-2
£70010/240.36 mi-2
£80005/240.36 miHowdon Road, North Shields2
£69505/240.36 miLower Rudyerd Street, North Shields2
£65003/240.36 miStephenson House, Stephenson Street, North Shields, Tyne & Wear, NE302
£80006/240.36 miBalmoral Gardens, North Shields2
£59507/240.37 miLaet Street, North Shields. NE29 6NN2
£57507/240.39 miAddison Street, North Shields, NE29 6LR2
£72512/240.39 mi-2
£77506/240.39 mi-2
£75008/240.39 mi-2
£75006/240.39 miSaville Street, North Shields, NE302
£75006/240.39 miUnion Stairs, North Shields2
£75005/240.4 miMilitary Road, North Shields2
£72512/240.4 mi-2
£65006/240.4 miFront Terrace, North Shields, NE292
£72505/240.4 miNorfolk Street, North Shields2
£90007/240.41 miUnion Stairs, North Shields, Tyne and Wear, NE30 1NE2
£1,59508/230.41 mi-2

Local Area Statistics

Population in NE29

35,923

Population in North Shields

57,931

Town centre distance

0.33 miles away

Nearest school

0.10 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-14%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £109,950

February 18, 2025

Floor Plans

Description

Fresh Property Centre welcome to the market this two bed home on Albion Road West, North Shields, this delightful end terrace house presents an excellent opportunity for first-time buyers.

Upon entering, you are greeted by two spacious reception rooms and a well presented kitchen. The property boasts two well-sized bedrooms, providing ample accommodation for a small family or individuals looking for extra space. Completing this charming home is a bathroom/WC.

Located in North Shields, this property benefits from excellent local amenities, including shops, schools, and parks, all within easy reach. The area is well-connected, providing convenient access to public transport links.

In summary, this end terrace house on Albion Road West is a wonderful opportunity to secure a comfortable and inviting home.

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 💪