3 Bed Terraced House, Single Let, South Shields, NE34 6QE, £90,000

The High Road, South Shields, NE34 6QE - 2 views - 2 months ago

Leasehold
Auction
BTL
ROI: 15%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£80K - £387.3K
Sold Prices/m²£1K/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£110,700
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£725 - £975

Rent Estimate

£779

Running Costs/mo

£457

Cashflow/mo

£322

Cashflow/yr

£3,863

ROI

15%

Gross Yield

10%

Local Sold Prices

49 sold prices from £80K to £387.3K, average is £143.5K. £1K/m² to £3.2K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£80K03/210.05 mi82, Lisle Road, South Shields, Tyne And Wear NE34 6DJ3
£122K12/220.07 mi22, Dunlop Crescent, South Shields, Tyne And Wear NE34 6QG3
£129.9K04/230.08 mi44, Centenary Avenue, South Shields, Tyne And Wear NE34 6PJ3
£132K01/230.1 mi10, Gloucester Place, South Shields, Tyne And Wear NE34 6PX3
£85K03/210.12 mi28, School Approach, South Shields, Tyne And Wear NE34 6DP3
£103K06/230.13 mi18, Centenary Avenue, South Shields, Tyne And Wear NE34 6QH3
£135K12/230.13 mi8, Cross Way, South Shields, Tyne And Wear NE34 6PR3
£90K03/230.15 mi13, The High Road, South Shields, Tyne And Wear NE34 6QB3
£160K03/210.17 mi46, Summerhill Road, South Shields, Tyne And Wear NE34 6RZ3
£140K12/200.21 mi22, Falstone Avenue, South Shields, Tyne And Wear NE34 6SB3
£193K06/240.22 mi42, Felton Avenue, South Shields, Tyne And Wear NE34 6RY3
£143.5K01/210.22 mi34, Felton Avenue, South Shields, Tyne And Wear NE34 6RY3
£125K09/210.23 mi96, Prince Edward Road, South Shields, Tyne And Wear NE34 7PJ3
£115K03/210.23 mi94, Prince Edward Road, South Shields, Tyne And Wear NE34 7PJ3
£109.1K10/210.23 mi14, Pine Avenue, South Shields, Tyne And Wear NE34 7PH3
£120K09/230.24 mi97, Gorse Avenue, South Shields, Tyne And Wear NE34 7PR3
£120K11/200.24 mi10, Larch Avenue, South Shields, Tyne And Wear NE34 7NT3
£125K11/200.25 mi52, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£186K09/230.25 mi39, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£196K12/220.25 mi48, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£82K11/230.28 mi8, Shelley Avenue, South Shields, Tyne And Wear NE34 7QE3
£127K04/210.28 mi70, Tanfield Gardens, South Shields, Tyne And Wear NE34 7DY3
£250K05/230.28 mi19, Lisle Road, South Shields, Tyne And Wear NE34 6DQ3
£265K08/240.29 mi15, Summerhill Road, South Shields, Tyne And Wear NE34 6DT3
£255K11/200.29 mi102, St Marys Avenue, South Shields, Tyne And Wear NE34 6AG3
£175K09/230.29 mi49, Oak Avenue, South Shields, Tyne And Wear NE34 7NU3
£93K06/210.3 mi70, Prince Edward Road, South Shields, Tyne And Wear NE34 7PL3
£115K09/230.31 mi5, Willow Grove, South Shields, Tyne And Wear NE34 7PN3
£130K10/210.32 mi145, Tanfield Gardens, South Shields, Tyne And Wear NE34 7DX3
£222K08/240.32 mi23, Larch Avenue, South Shields, Tyne And Wear NE34 7NS3
£387.3K01/240.32 mi40, Central Avenue, South Shields, Tyne And Wear NE34 6AZ3
£170K03/230.33 mi126, Centenary Avenue, South Shields, Tyne And Wear NE34 6SG3
£230K12/220.33 mi20, Ridley Grove, South Shields, Tyne And Wear NE34 6RN3
£197.5K12/230.33 mi24, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£160K12/200.33 mi27, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£190K05/230.33 mi4, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£137.5K10/210.34 mi17, South Avenue, South Shields, Tyne And Wear NE34 6QZ3
£210K09/210.34 mi23, South Avenue, South Shields, Tyne And Wear NE34 6QZ3
£157K11/200.34 mi30, Lumley Avenue, South Shields, Tyne And Wear NE34 7DW3
£255K12/220.35 mi69, Quarry Lane, South Shields, Tyne And Wear NE34 7NW3
£127K03/230.35 mi2, Ede Avenue, South Shields, Tyne And Wear NE34 7EA3
£225K02/210.35 mi41, Central Avenue, South Shields, Tyne And Wear NE34 6AY3
£200K12/230.36 mi45, Quarry Lane, South Shields, Tyne And Wear NE34 7NL3
£155K07/240.36 mi23, Ede Avenue, South Shields, Tyne And Wear NE34 7EB3
£140K07/210.36 mi54, Prince Edward Road, South Shields, Tyne And Wear NE34 8QA3
£135K10/210.37 mi268, Sunderland Road, South Shields, Tyne And Wear NE34 8PY3
£165K02/230.37 mi258, Sunderland Road, South Shields, Tyne And Wear NE34 8PY3
£165K09/230.37 mi8, Bywell Avenue, South Shields, Tyne And Wear NE34 6RP3
£225K01/230.38 mi20, South Avenue, South Shields, Tyne And Wear NE34 6RA3

Local Rents

12 rents from £725/mo to £975/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£95005/240.08 miCentenary Avenue, South Shields3
£78512/240.11 mi-3
£72512/240.11 mi-3
£85005/240.15 mi-3
£97505/240.15 miEast Avenue, South Shields, NE343
£80005/240.17 mi-3
£77505/240.17 mi-3
£95005/240.17 miEast Avenue, South Shields, NE343
£90005/240.18 miNorth Close, South Shields, Tyne And Wear, NE343
£79005/240.4 mi-3
£79507/240.47 miGreenside, Marsden, South Shields, Tyne and Wear, NE34 7RN3
£85007/240.53 miHorsley Vale, South Shields3

Local Area Statistics

Population in NE34

52,101

Population in South Shields

79,432

Town centre distance

0.88 miles away

Nearest school

0.10 miles away

Nearest train station

1.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £90,000

February 18, 2025

Description

  • Great First Time Home In A Popular Location +
  • Spacious Lounge and Sunny Conservatory +
  • Generous Size Lawned Garden To Rear +
  • Driveway To Front For Multiple Cars +
  • The Nook Is Within Walking Distance For Amenities +
  • South Shields Coast, Just A Short Drive Away +
  • Reference : 447464 +

FOR SALE BY WAY OF ONLINE AUCTION - ON 31ST OF MARCH 2025. Terms and Conditions apply. See Agents Property Auctions Website for full details.

Well positioned on The High Road, this charming improved Three Bedroom Mid Terrace Property offers an ideal first time and Family home.

Perfectly situated within the sought-after Harton School catchment area, it boasts proximity to The Nook shops, providing a diverse range of conveniences. Set on a generous plot, the residence features ample off-road parking for multiple vehicles to front and an expansive rear garden with lawn and patio seating area, ideal for outdoor gatherings.

Inside, the layout comprises an inviting Entrance Hall, a cozy Lounge leading to a fitted Kitchen, a handy ground floor W.C. situated under the stairs and a delightful Conservatory with French doors opening onto the garden. Upstairs, Three well proportioned Bedrooms await, complemented by a modern white Bathroom Suite with Shower over. With its affordability and prime location, early viewing is recommended for those seeking a harmonious blend of comfort and convenience in a family home.
ENTRANCE
Via UPVC door into Hallway.
HALLWAY
Laminate flooring, stairs to first floor landing and door into Lounge.
LOUNGE 3.94m (12'11) x 3.81m (12'6)
Laminate flooring, double glazed window to front, radiator and door into Kitchen.
KITCHEN 5.03m (16'6) x 2.59m (8'6)
Fitted with a range of wall and base units with contrasting worktops, space for cooker, space for fridge freezer, space for dishwasher and plumbing for washing machine. Tiling to floor, part tiling to walls, sink unit with mixer tap, two double glazed windows and access to ground floor W.C.
GROUND FLOOR W.C.
Low flush W.C.
CONSERVATORY 2.84m (9'4) x 2.59m (8'6)
Fully double glazed with laminate flooring, double glazed French doors to rear garden.
FIRST FLOOR LANDING

BEDROOM ONE 3.86m (12'8) x 2.67m (8'9)
Double glazed window to front and radiator.
BEDROOM TWO 3.56m (11'8) x 3.15m (10'4)
Double glazed window to rear and radiator.
BEDROOM THREE 2.59m (8'6) x 2.84m (9'4)
Double glazed window and radiator.
BATHROOM
"P" Shaped bath with shower over and shower screen, pedestal hand wash basin, low flush W.C., tiling to walls, double glazed window, laminate flooring and heated towel rail.
GARDEN
Shared alleyway to the side leading to the rear of the property. To the rear, there is an extensive lawned garden with patio seating area.
PARKING
Brick paved driveway to the front, providing off road parking for multiple cars.
Auction Disclaimer
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000.00+VAT (total £2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. Tel:
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 5 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE34 6QE and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band: A
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: D

Agent Details

Andrew Craig, Auction

01661 525163

Next Steps?

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