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South Shields, NE34

WITHDRAWN|£70,000|Flat | 2 bedroom | Freehold|↑164.15% compared to last sold price
Approximate area: NE34
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Added on 3rd March 2026 by Susan Spokes Real Estate, South Shields
On the market for 6 months, 13 days
Summary
Ideal for a first-time buyer or investor, this spacious two-bedroom flat presents an excellent opportunity to acquire a well-proportioned home with a potential rental yield of 12%. Located on the popular Richmond Road in South Shields, the property offers generous accommodation througho...
Price history
2002 £26,500
£20k£40k£60k£80k20022008201420202026Asking £70,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 4th March 2026 - Valid
EPC rating: D
Property age: 1900-1929
EPC energy efficiency rating: current 65, potential 72
Rent data
2 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £600 to £650 which represents a yield of between 10.3% and 11.1% if buying at the asking price
A yield of 11.4% to 12.4% if purchased for 90% of the asking price (£63,000)
A yield of 12.9% to 13.9% if purchased for 80% of the asking price (£56,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £3,500.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 7th September 2026 the status was changed from SOLD STC to WITHDRAWN