2 Bed Bungalow, Single Let, North Shields, NE30 3AF, £450,000

Fairfield Drive, North Shields, NE30 3AF - 2 months ago

BTL
~113 m²
+10 photos

ValuationOvervalued

Sold Prices£150K - £423K
Sold Prices/m²£1.3K/m² - £5.3K/m²

 

 

Square Metres

~112.70 m²
Price/m²£4K/m²

Value Estimate

£339,072

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Total Cash In

£146,200

 

 

Cash Out

 

Rent Range

£740 - £1,150

Rent Estimate

£747

Running Costs/mo

£1,576

Cashflow/mo

£-829

Cashflow/yr

£-9,944

Gross Yield

2%

Local Sold Prices

50 sold prices from £150K to £423K, average is £257.5K. £1.3K/m² to £5.3K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£400K06/230 mi19, Fairfield Drive, North Shields, Tyne And Wear NE30 3AF2
£370K01/230.08 mi3, Thursby Avenue, North Shields, Tyne And Wear NE30 3AB2
£357.5K12/230.11 mi4, Fairfield Drive, North Shields, Tyne And Wear NE30 3AE2
£280K07/230.11 mi1a, Fairfield Drive, North Shields, Tyne And Wear NE30 3AE2
£230K03/230.12 mi38, Hartington Road, North Shields, Tyne And Wear NE30 3SE2
£200K08/210.14 mi70, Hartington Road, North Shields, Tyne And Wear NE30 3SF2
£189K10/200.14 mi68, Hartington Road, North Shields, Tyne And Wear NE30 3SF2
£230K05/230.14 mi54, Hartington Road, North Shields, Tyne And Wear NE30 3SF2
£230K10/230.14 mi64, Hartington Road, North Shields, Tyne And Wear NE30 3SF2
£210K11/230.14 mi86, Hartington Road, North Shields, Tyne And Wear NE30 3SF2
£275.3K11/200.15 mi33, Solway Avenue, North Shields, Tyne And Wear NE30 3AZ2
£270K06/210.16 mi48, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BD2
£170K12/230.21 mi1, Medburn Avenue, North Shields, Tyne And Wear NE30 3DL2
£191K02/210.21 mi29, Wallington Avenue, North Shields, Tyne And Wear NE30 3SH2
£190K07/230.21 mi39, Wallington Avenue, North Shields, Tyne And Wear NE30 3SH2
£155K05/210.21 mi34, Wallington Avenue, North Shields, Tyne And Wear NE30 3SH2
£150K06/230.21 mi3, Wallington Avenue, North Shields, Tyne And Wear NE30 3SH2
£350K10/230.24 mi28, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£250K10/200.24 mi32, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£245K11/200.24 mi39, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£280K08/230.24 mi10, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£330K04/230.24 mi3, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£355K01/230.25 mi15, Kirkstone Avenue, North Shields, Tyne And Wear NE30 3BG2
£177.5K04/210.25 mi4, Rothley Gardens, North Shields, Tyne And Wear NE30 3SG2
£280K01/210.27 mi15, Beresford Road, North Shields, Tyne And Wear NE30 3JQ2
£365K08/230.27 mi25, Beresford Road, North Shields, Tyne And Wear NE30 3JQ2
£208.5K08/230.27 mi106, Links Road, Cullercoats, North Shields, Tyne And Wear NE30 3DZ2
£169K03/210.27 mi10, Solway Avenue, North Shields, Tyne And Wear NE30 3AY2
£286K10/210.27 mi22, Sandfield Road, North Shields, Tyne And Wear NE30 3LY2
£375K04/230.27 mi24, Sandfield Road, North Shields, Tyne And Wear NE30 3LY2
£329K10/230.27 mi8, Sandfield Road, North Shields, Tyne And Wear NE30 3LY2
£218K09/210.27 mi50, Links Road, Cullercoats, North Shields, Tyne And Wear NE30 3DX2
£230K02/230.27 mi32, Links Road, Cullercoats, North Shields, Tyne And Wear NE30 3DX2
£180K02/210.28 mi93, Links Road, Cullercoats, North Shields, Tyne And Wear NE30 3EA2
£285.5K07/230.28 mi93, Links Road, Cullercoats, North Shields, Tyne And Wear NE30 3EA2
£225K11/220.29 mi4, Kirklinton Road, North Shields, Tyne And Wear NE30 3AX2
£217.5K03/210.29 mi35, Links Road, Cullercoats, North Shields, Tyne And Wear NE30 3DY2
£315K01/210.29 mi5, Broadway Close, North Shields, Tyne And Wear NE30 3LN2
£285K10/230.3 mi10, Highcross Road, North Shields, Tyne And Wear NE30 3JG2
£265K03/210.31 mi4, Broadway Close, North Shields, Tyne And Wear NE30 3LN2
£335K11/220.32 mi14, Westlands, North Shields, Tyne And Wear NE30 3SU2
£325K10/230.33 mi42, Beresford Road, North Shields, Tyne And Wear NE30 3JB2
£250K10/220.33 mi47, Beresford Road, North Shields, Tyne And Wear NE30 3JB2
£423K12/230.34 mi42, Shaftesbury Crescent, North Shields, Tyne And Wear NE30 3LS2
£192.5K03/230.34 mi27, Ennerdale Road, North Shields, Tyne And Wear NE30 3BJ2
£231K09/210.34 mi13, Bavington Gardens, North Shields, Tyne And Wear NE30 3QD2
£275K12/220.34 mi46, Beresford Road, North Shields, Tyne And Wear NE30 3JB2
£270K07/230.34 mi6, Glenallen Gardens, North Shields, Tyne And Wear NE30 3TE2
£170K04/210.34 mi21, Glenallen Gardens, North Shields, Tyne And Wear NE30 3TE2
£300K12/230.34 mi8, Westlands, North Shields, Tyne And Wear NE30 3SU2

Local Rents

10 rents from £740/mo to £1.1K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£85005/240.17 miFarringdon Road, Marden Estate, North Shields2
£97505/240.3 miLinks Road, North Shields2
£1,15004/240.31 mi-2
£1,15005/240.31 miBeach Croft Avenue, North Shields, NE302
£1,10007/240.4 miBeverley Terrace, Cullercoats2
£82508/240.42 mi-2
£90008/240.43 miStation Road, Cullercoats, North Shields, Tyne and Wear, NE302
£74008/240.52 mi-2
£74007/240.52 miMarden Road South, Whitley Bay, NE252
£79506/240.52 mi-2

Local Area Statistics

Population in NE30

21,977

Population in North Shields

57,931

Town centre distance

1.31 miles away

Nearest school

0.20 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Price changed to £450,000

March 24, 2025

Listed for £460,000

February 20, 2025

Floor Plans

Description

  • NO ONWARD CHAIN +
  • QUIET & SOUGHT AFTER LOCATION +
  • TWO DOUBLE BEDROOM DETACHED BUNGALOW +
  • SPACIOUS LIVING ACCOMMODATION +
  • MASTER BEDROOM WITH EN-SUITE +
  • LARGE LIVING DINING ROOM +
  • ENCLOSED REAR GARDEN +
  • DRIVEWAY & SINGLE GARAGE +
  • INTERNAL VIEWING HIGHLY RECOMMENDED +

The Property
NO ONWARD CHAIN - This well presented Two Double Bedroom Detached Bungalow offers fantastic and versatile living accommodation. The property is located in a quite and sought after location and offers a nice size enclosed rear garden and driveway.

The property consists of: Entrance Porch, Entrance Hall, Living Through Dining Room, Kitchen, Sun Room, Master Bedroom with En-Suite, Double Second Bedroom, Family Bathroom, Enclosed Rear Garden, Driveway and Single Garage/ Utility Room.

This fabulous house is a fifteen minute walk to the beach, close to local amenities.
Click on brochure to book a viewing!

An internal viewing is highly recommended to see the full potential this home has to offer.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Newcastle upon Tyne

020 3909 0309

Next Steps?

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