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North Shields, NE29

SOLD STCAUCTION|£40,000|Apartment | 2 bedroom | Freehold|↓46.67% compared to last sold price
Approximate area: NE29
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Added on 30th September 2025 by My Property Box, Darlington
Sale agreed after 11 months, 6 days
Summary
**BEING SOLD BY MODERN METHOD OF AUCTION** Situated in the ever-popular area of North Shields, this attractive two-bedroom upper floor flat offers both convenience and investment potential.
Price history
2006 £75,000
  (+206.75%)
1998 £24,450
£20k£40k£60k£80k199820082018May 26Jul 26Sep 26Asking £40,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 30th July 2019 - Valid
EPC rating: D
Property age: 1900-1929
EPC energy efficiency rating: current 55, potential 70
Rent data
32 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £595 to £900 which represents a yield of between 17.8% and 27% if buying at the asking price
A yield of 19.8% to 30% if purchased for 90% of the asking price (£36,000)
A yield of 22.3% to 33.8% if purchased for 80% of the asking price (£32,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £2,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 1st September 2026 the status was changed from FOR SALE to SOLD STC
On 26th August 2026 the asking price was reduced from £50,000 to £40,000
On 17th August 2026 the asking price was reduced from £70,000 to £50,000
On 8th July 2026 the asking price was reduced from £80,000 to £70,000