3 Bed Semi-Detached House, Single Let, South Shields, NE34 6RZ, £170,000

Summerhill Road, South Shields, NE34 6RZ - 2 views - 2 months ago

Sold STC
BTL
ROI: 1%
~93 m²
+17 photos

ValuationFair Value

Sold Prices£80K - £387.3K
Sold Prices/m²£1K/m² - £6.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£171,986

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£725 - £975

Rent Estimate

£763

Running Costs/mo

£704

Cashflow/mo

£59

Cashflow/yr

£710

ROI

1%

Gross Yield

5%

Local Sold Prices

49 sold prices from £80K to £387.3K, average is £165K. £1K/m² to £6.6K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£160K03/210.02 mi46, Summerhill Road, South Shields, Tyne And Wear NE34 6RZ3
£85K03/210.07 mi28, School Approach, South Shields, Tyne And Wear NE34 6DP3
£193K06/240.07 mi42, Felton Avenue, South Shields, Tyne And Wear NE34 6RY3
£143.5K01/210.07 mi34, Felton Avenue, South Shields, Tyne And Wear NE34 6RY3
£80K03/210.12 mi82, Lisle Road, South Shields, Tyne And Wear NE34 6DJ3
£265K08/240.12 mi15, Summerhill Road, South Shields, Tyne And Wear NE34 6DT3
£140K12/200.13 mi22, Falstone Avenue, South Shields, Tyne And Wear NE34 6SB3
£250K05/230.13 mi19, Lisle Road, South Shields, Tyne And Wear NE34 6DQ3
£125K11/200.16 mi52, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£186K09/230.16 mi39, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£196K12/220.17 mi48, Barbour Avenue, South Shields, Tyne And Wear NE34 6SD3
£230K12/220.17 mi20, Ridley Grove, South Shields, Tyne And Wear NE34 6RN3
£90K03/230.21 mi13, The High Road, South Shields, Tyne And Wear NE34 6QB3
£187K11/230.23 mi71, Marsden Road, South Shields, Tyne And Wear NE34 6DG3
£131K03/210.23 mi75, Marsden Road, South Shields, Tyne And Wear NE34 6DG3
£122K12/220.23 mi22, Dunlop Crescent, South Shields, Tyne And Wear NE34 6QG3
£255K11/200.24 mi102, St Marys Avenue, South Shields, Tyne And Wear NE34 6AG3
£235K12/220.24 mi116, Marsden Road, South Shields, Tyne And Wear NE34 6RL3
£129.9K04/230.24 mi44, Centenary Avenue, South Shields, Tyne And Wear NE34 6PJ3
£132K01/230.25 mi10, Gloucester Place, South Shields, Tyne And Wear NE34 6PX3
£170K03/230.26 mi126, Centenary Avenue, South Shields, Tyne And Wear NE34 6SG3
£150K02/210.26 mi33, Marsden Road, South Shields, Tyne And Wear NE34 6DF3
£268K09/230.26 mi50, Marsden Road, South Shields, Tyne And Wear NE34 6DF3
£165K09/230.27 mi8, Bywell Avenue, South Shields, Tyne And Wear NE34 6RP3
£235K09/230.28 mi103, Harton House Road, South Shields, Tyne And Wear NE34 6EB3
£176K02/210.28 mi88, Harton House Road, South Shields, Tyne And Wear NE34 6EB3
£180K08/230.28 mi106, Harton House Road, South Shields, Tyne And Wear NE34 6EB3
£197.5K12/230.28 mi24, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£160K12/200.28 mi27, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£190K05/230.28 mi4, Hurworth Avenue, South Shields, Tyne And Wear NE34 7SG3
£103K06/230.29 mi18, Centenary Avenue, South Shields, Tyne And Wear NE34 6QH3
£135K12/230.29 mi8, Cross Way, South Shields, Tyne And Wear NE34 6PR3
£285K11/230.32 mi23, Harton Rise, South Shields, Tyne And Wear NE34 6DY3
£127K04/210.32 mi70, Tanfield Gardens, South Shields, Tyne And Wear NE34 7DY3
£245K07/230.33 mi30, Wells Grove, South Shields, Tyne And Wear NE34 6JR3
£155K07/240.33 mi23, Ede Avenue, South Shields, Tyne And Wear NE34 7EB3
£195K09/230.33 mi42, Westhope Road, South Shields, Tyne And Wear NE34 6JT3
£130K10/210.35 mi145, Tanfield Gardens, South Shields, Tyne And Wear NE34 7DX3
£127K03/230.35 mi2, Ede Avenue, South Shields, Tyne And Wear NE34 7EA3
£210K03/210.35 mi58, Harton House Road, South Shields, Tyne And Wear NE34 6ED3
£127K04/230.35 mi78, Horsley Vale, South Shields, Tyne And Wear NE34 6JX3
£170K05/230.35 mi181, Horsley Vale, South Shields, Tyne And Wear NE34 6JX3
£387.3K01/240.37 mi40, Central Avenue, South Shields, Tyne And Wear NE34 6AZ3
£184.9K04/210.37 mi6, Moore Avenue, South Shields, Tyne And Wear NE34 6AA3
£195K12/230.37 mi60, Horsley Vale, South Shields, Tyne And Wear NE34 6JY3
£137.5K12/200.37 mi44, Horsley Vale, South Shields, Tyne And Wear NE34 6JY3
£138K05/230.37 mi68, Horsley Vale, South Shields, Tyne And Wear NE34 6JY3
£152K12/200.37 mi59, Hylton Avenue, South Shields, Tyne And Wear NE34 7SF3
£115K03/210.38 mi94, Prince Edward Road, South Shields, Tyne And Wear NE34 7PJ3

Local Rents

15 rents from £725/mo to £975/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£95005/240.15 miCentenary Avenue, South Shields3
£79005/240.25 mi-3
£85005/240.26 mi-3
£97505/240.26 miEast Avenue, South Shields, NE343
£90005/240.26 miNorth Close, South Shields, Tyne And Wear, NE343
£78512/240.26 mi-3
£72512/240.28 mi-3
£80005/240.28 mi-3
£77505/240.28 mi-3
£95005/240.28 miEast Avenue, South Shields, NE343
£85007/240.38 miHorsley Vale, South Shields3
£79507/240.52 miGreenside, Marsden, South Shields, Tyne and Wear, NE34 7RN3
£85004/240.55 mi-3
£75503/250.59 mi-3
£85010/230.6 mi-3

Local Area Statistics

Population in NE34

52,101

Population in South Shields

79,432

Town centre distance

0.77 miles away

Nearest school

0.10 miles away

Nearest train station

1.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £170,000

March 4, 2025

Description

  • Semi-Detached Home +
  • Three Bedrooms +
  • Versatile Living Space +
  • Three Reception Areas +
  • Modern Bathroom +
  • Sunny Rear Garden +
  • Great Family Home +
  • Close To Harton Academy +

This lovely property is perfect for those looking to inject their own style and taste into their next home! Situated on Summerhill Road within easy reach of local amenities and the fabulous coastline. The property invites you in via and entrance hall with stairs to first floor. The lounge is open to the dining toom creating a wonderful open plan living area, this versatile space would be a great play room or home office. There is a separate dining room with French doors opening out onto the pleasant rear garden and allowing in lots of natural light, off the dining room you will find the kitchen. To the first floor there are three bedrooms, two of which are nicely sized doubles and a stylish four piece family bathroom!

Stepping outside, the property's outdoor space further enhances the allure of this residence. The meticulously landscaped garden unfolds, offering a blissful retreat from the hustle and bustle of every-day life. Charming patio areas beckon for outdoor gatherings and summer barbeques. For added convenience, a convenient storage shed is tucked away, offering ample space for storing gardening tools or outdoor furniture. With a south-west facing orientation, this garden is a sun-soaked haven that offers the perfect spot for relaxation and entertainment. Whether you are looking to host a soirée under the stars or simply unwind with a book in hand, this outdoor space caters to all your lifestyle needs.

Agent Details

Conway Christie, South Tyneside

0191 905 2852

Next Steps?

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