3 Bed Terraced House, Single Let, North Shields, NE30 2BW, £375,000

Preston Avenue, North Shields, NE30 2BW - 1 views - a month ago

BTL
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£145K - £390K
Sold Prices/m²£1.7K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£232,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Total Cash In

£119,950

 

 

Cash Out

 

Rent Range

£600 - £2,495

Rent Estimate

£773

Running Costs/mo

£1,346

Cashflow/mo

£-573

Cashflow/yr

£-6,882

Gross Yield

2%

Local Sold Prices

50 sold prices from £145K to £390K, average is £265K. £1.7K/m² to £4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£293K08/210.05 mi12, Lindisfarne Terrace, North Shields, Tyne And Wear NE30 2BY3
£262.5K05/210.05 mi33, Lindisfarne Terrace, North Shields, Tyne And Wear NE30 2BY3
£255K01/210.08 mi11, Sandringham Gardens, North Shields, Tyne And Wear NE29 9AX3
£315K03/230.08 mi11, Lindisfarne Terrace, North Shields, Tyne And Wear NE30 2DB3
£260K03/240.08 mi9, Lindisfarne Terrace, North Shields, Tyne And Wear NE30 2DB3
£270K05/210.1 mi115, Belford Terrace, North Shields, Tyne And Wear NE30 2DA3
£223K05/210.11 mi41, Kirton Park Terrace, North Shields, Tyne And Wear NE29 0LJ3
£270K08/230.11 mi9, Sandringham Gardens, North Shields, Tyne And Wear NE29 9AX3
£265K11/230.11 mi39, Sandringham Gardens, North Shields, Tyne And Wear NE29 9AX3
£285K06/240.11 mi41, Sandringham Gardens, North Shields, Tyne And Wear NE29 9AX3
£250K01/210.11 mi51, Sandringham Gardens, North Shields, Tyne And Wear NE29 9AX3
£152.5K07/230.11 mi42, Belford Terrace, North Shields, Tyne And Wear NE30 2BZ3
£254.9K02/210.11 mi28, Windsor Gardens, North Shields, Tyne And Wear NE29 9AZ3
£256K04/230.11 mi8, Windsor Gardens, North Shields, Tyne And Wear NE29 9AZ3
£262K03/230.12 mi14, Sandringham Gardens, North Shields, Tyne And Wear NE29 9AY3
£145K09/230.12 mi69, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AS3
£291K07/240.12 mi91, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AS3
£180K05/210.12 mi103, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AS3
£240K08/240.14 mi94, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AR3
£223.5K03/210.14 mi96, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AR3
£258K12/230.14 mi96, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AR3
£240K06/240.14 mi92, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AR3
£292K02/210.15 mi48, West Dene Drive, North Shields, Tyne And Wear NE30 2SZ3
£285K04/210.15 mi14, Rathmore Gardens, North Shields, Tyne And Wear NE30 2SX3
£225K11/200.16 mi91, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AS3
£370K08/230.16 mi30, Portland Gardens, North Shields, Tyne And Wear NE30 2TB3
£375K03/230.17 mi45, West Dene Drive, North Shields, Tyne And Wear NE30 2SU3
£340K02/230.17 mi29, West Dene Drive, North Shields, Tyne And Wear NE30 2SU3
£260K08/210.18 mi9, Blanchland Terrace, North Shields, Tyne And Wear NE30 2AZ3
£299.9K03/230.19 mi2, Osborne Gardens, North Shields, Tyne And Wear NE29 9AT3
£265K12/200.2 mi16, Ingleside Road, North Shields, Tyne And Wear NE29 9PB3
£345K03/210.21 mi1a, Campville, North Shields, Tyne And Wear NE29 0NR3
£307K06/230.21 mi3, Campville, North Shields, Tyne And Wear NE29 0NR3
£345K11/230.21 mi148, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR3
£280K11/200.21 mi149, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR3
£305K06/210.21 mi1, Cleveland Crescent, North Shields, Tyne And Wear NE29 0NP3
£257K05/210.22 mi84, Drummond Terrace, North Shields, Tyne And Wear NE30 2AG3
£145.5K09/210.24 mi108, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AP3
£245K12/230.24 mi108, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AP3
£275K07/230.24 mi106, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AP3
£228K09/210.24 mi35, Waterloo Place, North Shields, Tyne And Wear NE29 0NA3
£320K08/240.24 mi1, Salisbury Avenue, North Shields, Tyne And Wear NE29 9PD3
£245K11/200.24 mi48, Otterburn Road, North Shields, Tyne And Wear NE29 9BJ3
£312K02/230.25 mi4, Kensington Grove, North Shields, Tyne And Wear NE30 2AJ3
£290K02/240.25 mi70, Drummond Terrace, North Shields, Tyne And Wear NE30 2AF3
£309K06/210.26 mi2, Jackson Street West, North Shields, Tyne And Wear NE30 2AH3
£260K01/210.26 mi10, Jackson Street West, North Shields, Tyne And Wear NE30 2AH3
£279K11/230.27 mi17, Kensington Gardens, North Shields, Tyne And Wear NE30 2AL3
£240K02/210.27 mi1, Kensington Gardens, North Shields, Tyne And Wear NE30 2AL3
£390K03/230.28 mi110, Linskill Terrace, North Shields, Tyne And Wear NE30 2AU3

Local Rents

21 rents from £600/mo to £2.5K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95006/240.1 mi-3
£95006/240.1 miQueen Alexandra Road, North Shields, NE293
£90008/240.12 miBelford Terrace, North Shields3
£85007/240.13 miQueen Alexandra Road, North Shields, Tyne and Wear, NE29 9AR3
£95007/240.13 miBelford Terrace, North Shields, Tyne and Wear, NE30 2BZ3
£1,13507/240.19 miBlanchland Terrace, North Shields, Tyne & Wear, NE303
£75005/240.21 miHaswell Gardens, North Shields3
£95002/240.22 mi-3
£95005/240.25 miBalmoral Gardens, North Shields3
£85008/240.27 miMilitary Road, North Shields. NE30 2AB ** GREAT LOCATION **3
£1,20011/240.27 mi-3
£2,49508/230.28 mi-3
£79504/250.3 mi-3
£75011/230.3 mi-3
£80007/240.31 miMilton Terrace, North Shields3
£60004/250.42 mi-3
£1,20008/240.5 miPark Crescent East, North Shields3
£85008/240.52 miKitchener Terrace, North Shields3
£98002/250.57 mi-3
£1,40007/240.61 miLinskill Street, North Shields3
£1,15005/240.61 miEdith Street, Tynemouth3

Local Area Statistics

Population in NE30

21,977

Population in North Shields

57,931

Town centre distance

0.33 miles away

Nearest school

0.20 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £375,000

March 15, 2025

Floor Plans

Description

  • A Beautiful, Edwardian Character Family Home +
  • Close to Local Schools, Shops, Tynemouth Cricket Club and Golf Course +
  • A Short Drive to Tynemouth Village and Our Wonderful Coastline +
  • Stunning Vestibule and Hallway +
  • Three Separate Reception Rooms, Two with Feature Fireplaces +
  • Stylish and Contemporary Kitchen with Integrated Appliances +
  • Downstairs Cloaks/w.c., Additional First Floor w.c. +
  • Three Excellent Sized Bedrooms, Two Loft Rooms +
  • Fabulous Four Piece Family Bathroom +
  • South Facing Rear Garden, Front Town Garden +

A beautiful, Edwardian period property oozing charm, features and space throughout. Located on this highly sought after tree lined street, close to Tynemouth Cricket Club and Golf course, a short walk from popular local schools and approximately a 15 minute walk from Tynemouth Village and our wonderful coastline. This larger style family home showcases a spacious entrance vestibule and hallway, front lounge with feature bay window, fireplace and gas, living flame fire, gorgeous rear sitting room overlooking the garden area with attractive feature fireplace and living flame fire, separate breakfast room, downstairs cloaks/w.c., stylish and contemporary fitted kitchen with integrated appliances and Velux window allowing maximum natural light into this lovely room. Impressive, split level landing area with access up to two loft rooms, three excellent sized bedrooms, one with fitted wardrobes. Superb sized family bathroom with separate shower cubicle, additional first floor cloaks/wc. Delightful South facing rear garden with large workshop/shed boasting electric, light and alarm system, front forecourt garden. A beautiful home! Freehold. EPC: D, Council Tax Band: D, Gas, Electric, Water, Heating, Drainage: Mains Connected. Broadband: Fibre, Mobile Phone Blackspot: No

Mining: The property is not known to be on a coalfield and is unknown whether to be directly impacted by the effect of other mining activity. The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any

Agent Details

Rook Matthews Sayer, Whitley Bay

0191 625 0269

Next Steps?

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