3 Bed Flat, Single Let, North Shields, NE29 6HF, £199,950

Dolphin Quay, North Shields, NE29 6HF - a month ago

Leasehold

BTL

~93 m²

+8 photos

ValuationOvervalued

Sold Prices	£63K - £750K
Sold Prices/m²	£942/m² - £5.1K/m²

Square Metres	~93 m²
Price/m²	£2.1K/m²
Value Estimate	£175,615£175,615

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£49,988£49,988
Stamp Duty & Legal Fees	£11,198£11,198
Total Cash In	£61,185£61,185

Cash Out
Rent Range	£470 - £2,550£470 - £2,550
Rent Estimate	£650
Running Costs/mo	£775£775
Cashflow/mo	£-125£-125
Cashflow/yr	£-1,498£-1,498
Gross Yield	4%4%

Local Sold Prices

46 sold prices from £63K to £750K, average is £136.6K. £942/m² to £5.1K/m², average is £1.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£166K	03/23	0.24 mi	48, Tennyson Terrace, North Shields, Tyne And Wear NE29 6LW	£2,406	69	3	Flat
£65K	05/21	0.31 mi	16, River Drive, South Shields, Tyne And Wear NE33 1TL	-	-	3	Flat
£115K	04/21	0.32 mi	4, Waterville Terrace, North Shields, Tyne And Wear NE29 6RW	-	-	3	Flat
£136.3K	06/21	0.43 mi	22, Military Road, North Shields, Tyne And Wear NE30 2AB	£1,919	71	3	Flat
£180K	04/23	0.46 mi	25, Fontburn Terrace, North Shields, Tyne And Wear NE30 2AE	£2,250	80	3	Flat
£107K	05/23	0.46 mi	112, West Percy Street, North Shields, Tyne And Wear NE29 0DB	£1,446	74	3	Flat
£127K	07/21	0.46 mi	41, North King Street, North Shields, Tyne And Wear NE30 2HS	£1,984	64	3	Flat
£84K	11/20	0.46 mi	41, North King Street, North Shields, Tyne And Wear NE30 2HS	£1,313	64	3	Flat
£295K	01/23	0.46 mi	46a, Alma Place, North Shields, Tyne And Wear NE29 0LY	£2,092	141	3	Flat
£130K	11/22	0.48 mi	12b, Hylton Terrace, North Shields, Tyne And Wear NE29 0EE	-	-	3	Flat
£105K	11/20	0.49 mi	28, Coburg Street, North Shields, Tyne And Wear NE30 2HX	£1,045	101	3	Flat
£155K	08/23	0.51 mi	122, Haswell Gardens, North Shields, Tyne And Wear NE30 2DR	-	-	3	Flat
£120K	08/23	0.54 mi	94, Roman Road, South Shields, Tyne And Wear NE33 2AP	£1,008	119	3	Flat
£152K	07/23	0.55 mi	49a, Park Crescent, North Shields, Tyne And Wear NE30 2HR	£2,106	72	3	Flat
£175K	03/23	0.56 mi	65, Jackson Street, North Shields, Tyne And Wear NE30 2HY	£2,496	70	3	Flat
£150K	01/24	0.56 mi	23, Haswell Gardens, North Shields, Tyne And Wear NE30 2DP	£2,055	73	3	Flat
£167K	02/21	0.57 mi	10, Rosedale Terrace, North Shields, Tyne And Wear NE30 2HP	£1,491	112	3	Flat
£118K	03/21	0.58 mi	87, Trevor Terrace, North Shields, Tyne And Wear NE30 2DF	£1,513	78	3	Flat
£82K	12/20	0.58 mi	14, Julian Street, South Shields, Tyne And Wear NE33 2EP	£1,206	68	3	Flat
£125K	03/21	0.58 mi	107, Trevor Terrace, North Shields, Tyne And Wear NE30 2DF	£1,576	79	3	Flat
£155K	02/21	0.59 mi	48, Donkin Terrace, North Shields, Tyne And Wear NE30 2HF	£2,246	69	3	Flat
£116K	01/21	0.61 mi	74, Belford Terrace, North Shields, Tyne And Wear NE30 2BZ	£1,634	71	3	Flat
£80K	03/21	0.62 mi	27, Fairles Street, South Shields, Tyne And Wear NE33 2ER	£988	81	3	Flat
£154K	03/21	0.62 mi	67, Kitchener Terrace, North Shields, Tyne And Wear NE30 2HH	£2,033	76	3	Flat
£137.5K	06/21	0.63 mi	85, Belford Terrace, North Shields, Tyne And Wear NE30 2DA	£2,115	65	3	Flat
£150K	03/23	0.63 mi	21, Belford Terrace, North Shields, Tyne And Wear NE30 2DA	£1,705	88	3	Flat
£130K	12/20	0.65 mi	83, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BT	£1,781	73	3	Flat
£160K	06/21	0.66 mi	22, Park Crescent East, North Shields, Tyne And Wear NE30 2HQ	-	-	3	Flat
£167.5K	08/23	0.67 mi	52, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BU	£2,463	68	3	Flat
£164.9K	10/23	0.67 mi	68, Bamborough Terrace, North Shields, Tyne And Wear NE30 2BU	£2,211	75	3	Flat
£86.5K	01/21	0.67 mi	2, The Nook, North Shields, Tyne And Wear NE29 0JL	£1,185	73	3	Flat
£110K	10/22	0.71 mi	51, Blucher Road, North Shields, Tyne And Wear NE29 6XJ	£1,410	78	3	Flat
£151.8K	08/21	0.72 mi	25a, Lawe Road, South Shields, Tyne And Wear NE33 2EX	-	-	3	Flat
£116K	04/23	0.72 mi	37, Roman Road, South Shields, Tyne And Wear NE33 2HA	£1,646	70	3	Flat
£137K	03/23	0.74 mi	22, Cleveland Avenue, North Shields, Tyne And Wear NE29 0NU	£1,986	69	3	Flat
£150.1K	11/20	0.74 mi	42, Cleveland Avenue, North Shields, Tyne And Wear NE29 0NU	£2,028	74	3	Flat
£65K	02/21	0.74 mi	48, Henry Nelson Street, South Shields, Tyne And Wear NE33 2EZ	£942	69	3	Flat
£169.9K	01/21	0.78 mi	156, Queen Alexandra Road, North Shields, Tyne And Wear NE29 9AL	£1,888	90	3	Flat
£80.5K	01/21	0.82 mi	21b, Lansdowne Terrace West, North Shields, Tyne And Wear NE29 0RW	£1,319	61	3	Flat
£209.7K	07/23	0.84 mi	31, Birtley Avenue, North Shields, Tyne And Wear NE30 2RS	£1,906	110	3	Flat
£63K	02/23	0.87 mi	22, Hatfield Square, South Shields, Tyne And Wear NE33 2RD	-	-	3	Flat
£175K	03/21	0.89 mi	9, Birtley Avenue, North Shields, Tyne And Wear NE30 2RR	£2,465	71	3	Flat
£325K	10/20	0.92 mi	6, Tynemouth Terrace, North Shields, Tyne And Wear NE30 4BH	£2,196	148	3	Flat
£750K	10/22	0.93 mi	6, Tynemouth Terrace, North Shields, Tyne And Wear NE30 4BH	£5,068	148	3	Flat
£110K	06/21	0.94 mi	57, Salisbury Avenue, North Shields, Tyne And Wear NE29 9PD	£1,667	66	3	Flat
£122.5K	09/21	0.97 mi	44, Rosebery Avenue, North Shields, Tyne And Wear NE29 9PQ	£1,655	74	3	Flat

Local Rents

18 rents from £470/mo to £2.5K/mo, average is £798/mo.

Rent	Date	Distance	Address	Beds	Type
£1,400	07/24	0.16 mi	Linskill Street, North Shields	3	House
£470	09/23	0.2 mi	-	3	Flat
£575	12/23	0.29 mi	-	3	Flat
£2,550	02/25	0.4 mi	-	3	Detached House
£795	04/25	0.42 mi	-	3	Flat
£980	02/25	0.42 mi	-	3	Terraced House
£850	08/24	0.44 mi	Military Road, North Shields. NE30 2AB GREAT LOCATION	3	Flat
£600	04/25	0.46 mi	-	3	Flat
£800	07/24	0.5 mi	Brannen Street, North Shields, NE29	3	Flat
£750	05/24	0.5 mi	Haswell Gardens, North Shields	3	Flat
£650	07/24	0.51 mi	Chirton West View, North Shields. NE29 0EN. SUPER STANDARD	3	Flat
£725	02/25	0.55 mi	-	3	Flat
£650	06/24	0.56 mi	Chirton West View, North Shields, NE29	3	Flat
£950	07/24	0.58 mi	Belford Terrace, North Shields, Tyne and Wear, NE30 2BZ	3	Flat
£1,135	07/24	0.59 mi	Blanchland Terrace, North Shields, Tyne & Wear, NE30	3	Terraced House
£1,800	02/25	0.6 mi	-	3	Semi-Detached House
£795	05/24	0.61 mi	Northumbrian Way, North Shields. NE29 6XQ	3	Terraced House
£900	08/24	0.61 mi	Belford Terrace, North Shields	3	Flat

Local Area Statistics

Population in NE29	35,92335,923
Population in North Shields	57,93157,931
Town centre distance	0.74 miles away0.74 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.27 miles away0.27 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-14%-14%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+26%+26%

Property History

Listed for £199,950

March 19, 2025

Floor Plans

Description

THREE BEDROOMS +
SECOND FLOOR APARTMENT +
RIVER VIEWS +
NO UPPER CHAIN +
PARKING BAY +
PRIVATE BALCONY +
CLOSE TO FISH QUAY +
TWO BATHROOMS +

SPACIOUS THREE BEDROOM SECOND FLOOR APARTMENT WITH BALCONY OVERLOOKING THE RIVER AND TOWARDS THE SEA, SITUATED WITHIN THE POPULAR DOLPHIN QUAY - NO UPPER CHAIN

We welcome to the market this spacious three bedroom apartment with balcony overlooking the River Tyne in North Shields close to the Fish Quay. Boasting open plan living, wonderful views, two bathrooms and designated parking bay within the gated grounds.

Briefly comprising: Secure communal entrance with stairs and lift to all floors. The private hallway into the apartment is generous in size giving access to all rooms as well as having a built in storage cupboard. Offering views over the river is a well proportioned lounge/diner, a door leads to a private balcony which has wonderful uninterrupted views down the River Tyne, the kitchen is also accessed from the lounge.
There are three bedrooms, two of which are good sized doubles and one benefits from an en-suite comprising a bath, hand basin and W.C. The main bathroom consists of a bath, hand basin and W.C.

Situated close to the Fish Quay in North Shields offering an extensive array of restaurants, bars and cafe's. Only a short walk to the centre of North Shields for local shops, amenities and the Metro station. Tynemouth Village is also within walking distance and has a great choice of shops, restaurants, award winning Long Sands Beach and is host to a weekend market.

Secure Communal Entrance -

Private Hallway -

Lounge/Diner - 5.45m x 5.17m (17'10" x 16'11") -

Kitchen - 3.08m x 2.10m (10'1" x 6'10") -

Bedroom One - 3.87m x 2.47m (12'8" x 8'1") -

En-Suite - 2.11m x 1.66m (6'11" x 5'5") -

Bedroom Two - 3.09m x 2.96m (10'1" x 9'8") -

Bedroom Three - 3.11m x 2.08m (10'2" x 6'9") -

Bathroom - 2.57m x 1.69m (8'5" x 5'6") -

Externally - There is a designated parking bay within the gated grounds.

Tenure - Leasehold

Agent Details

Brannen & Partners, Tynemouth

0191 625 0803

Next Steps?

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

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ValuationOvervalued

CashflowsOpen in Analyser

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents