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Studio for sale

£17,000

St. Johns Green, North Shields NE29

1
Interested in this property? Call +44 191 490 6090 * or

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Property features

  • Studio Apartment
  • Ground Floor
  • Parking Facilities
  • Close to Local Amenities
  • Investment Opportunity
  • Potential Rental Income 3,000 pa

Property description

Summary

**investment opportunity**
to be sold at auction on 25th July 2017. Auction to be held at Kingston Park Rugby Ground, registration from 5pm. Property sold under conditional auction terms and conditions. Reservation fee applies

We have a ground floor studio apartment in St. Johns Green, Percy Main. This is an ideal investment opportunity as the property is in need of some renovation, yet offers a potential rental yield of over 10%. The property is situated in an existing community near local transport links and shops, excellent access to the A19 and the North Shields ferry terminal.
The property briefly comprises of patio doors leading to studio room with small passage hallway with kitchen and separate bathroom. The property has night storage heating along with partial double glazing, and benefits from secure intercom access and parking facilities.
Please contact our Whitley Bay office today to organise a viewing or if you have any queries.

External

Secure intercom entry

Bedroom/Living Room (4.1m x 4.6m)

Large L shaped room with night storage heater and patio doors

Kitchen (2.2m x 1.7m)

Partial double glazed window, stainless steel sink with single drainer free standing oven with hob.

Bathroom (2.2m x 1.5m)

Paneled bath with wc and pedestal wash hand basin, with double glazed window.

Externally

Courtyard providing parking.

Property info

Market activity
Average price paid £140,550 Sales 442 Current average value £150,895 (Zoopla Zed-Index) Value change £4,035 ▲ 2.75%

Property value data/graphs for NE29

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £266,413 £200 3.4 £261,029
Semi-detached £158,314 £165 3.0 £150,202
Terraced £157,036 £156 3.0 £144,903
Flats £101,287 £181 2.0 £86,373

Current asking prices in NE29

Average: £131,453
Avg. current asking prices in NE29
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £68,333
(3)
£114,858
(24)
£156,590
(50)
£254,986
(26)
£230,000
(1)
Flats £51,867
(15)
£92,855
(58)
£91,176
(19)
£219,975
(2)
-
All £54,611
(18)
£99,295
(82)
£138,577
(69)
£252,486
(28)
£230,000
(1)

Current asking rents in NE29

Average: £447 pcm
Avg. current asking prices in NE29
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £417 pcm
(3)
£494 pcm
(5)
£663 pcm
(5)
£624 pcm
(1)
-
Flats £389 pcm
(24)
£447 pcm
(70)
£484 pcm
(12)
£581 pcm
(1)
-
All £392 pcm
(27)
£451 pcm
(75)
£536 pcm
(17)
£602 pcm
(2)
-

Fun facts for NE29

Highest value in NE29
Highest value streets Zed-Index
Camp Terrace £459,552
Woodlands £421,922
Preston Mews £404,654
Kelso Drive £359,133
Alexandra Gardens £317,409
Highest turnover in NE29
Highest turnover streets Turnover
Preston Mews 72.7%
Hendon Close 61.5%
Preston Gate 51.9%
Carlton Terrace 46.7%
Quantock Close 46.7%

What Zoopla users think of North Shields

Overall rating:

  • currently 4 stars
Very good - 78% (95 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate North Shields:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Heworth (4.7 miles)
  • Manors (5.6 miles)
  • Newcastle (6.2 miles)
  • Newcastle Airport (9.2 miles)
  • Durham Tees Valley Airport (33.9 miles)
  • Leeds Bradford International Airport (78.8 miles)
  • Newcastle International Ferry Terminal (0.9 miles)
  • North Shields Ferry Terminal (1.1 miles)
  • South Shields Ferry Terminal (1.2 miles)

Nearby schools

View all schools in North Tyneside
  • Percy Main Primary School (0.2 miles)
  • Riverside Primary School (0.4 miles)
  • St Josephs Roman Catholic Primary School Aided (0.5 miles)
  • Groundwork South Tyneside and Newcastle (1.7 miles)
  • Tyne Metropolitan College (1.8 miles)
  • South Tyneside College (2.2 miles)
  • Norham High School (0.5 miles)
  • Silverdale School (1.2 miles)
  • St Thomas More Roman Catholic Academy (1.3 miles)
Note: Distances are straight line measurements

Local info for North Tyneside

About the neighbours in NE29

AskMe Q&A for North Tyneside

Ask a question

See all AskMe Q&A in North Tyneside

For more information about this property, please contact
Pattinson, NE30 on +44 191 490 6090 * (local rate)

Monthly running costs Beta

£254 Monthly total

Mortgage

Purchase price
Deposit (10%) 1,700
Repayment term 25
Interest rate 1.5
Your payment £61 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £83,770 Contents value up to £75,000 Average insurance cost £13/mo (£151/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

What more do I get

Up to 9 smart home sensors

Included in the price of your cover

Home emergency assistance

Included in the price of your cover

Contents cover

£75,000 to Unlimited

Buildings cover

£750,000 to Unlimited

Energy

Gas £23 Electricity £26 Estimated energy cost £49/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7100 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

North Tyneside

Estimated tax band A Council tax cost £108 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £10 Sewerage £13 Estimated water cost £23 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Pattinson about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pattinson, and do not constitute property particulars. Please contact Pattinson for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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