2-bedroom terraced house · NE34 9TD
Let agreedReduced £25 (−3.2%) on 19 SepListed 294 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents welcome to the market this recently refurbished spacious Two Bedroom End of Terrace family home located on Defoe Avenue, South Shields.
Ideally located for an array of schools, walking distance to local amenities including excellent local transport links direct to Newcastle and Sunderland City Centre and South Shields Town Centre.
This property has offers new kitchen, family bathroom, new floor coverings whilst decorated in neutral tones. Briefly comprising; Entrance/hallway, Lounge leading to Kitchen/Diner with Utility beyond.
To the first floor lies Two generous proportioned Bedrooms, Family Bathroom with separate Cloak. Externally you can find the well maintained lawned gardens.
Contact Pattinson to arrange an early viewing. Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria.
However, couples who have previously co-habited, are married or are in a civil partnership will have their incomes combined and assessed jointly.
- Self- will require an accountant's reference and should have accounts for a minimum of two years. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor.
Council Tax Band: A Deposit: 820.00 Length of Tenancy: 6 months External Front And Side Private enclosed well maintained lawned garden, gated access to rear aspect; Entrance/Hallway Upvc part glazed door leading to entrance complemented by double glazed window, stairs to first floor, door to; Lounge (5.50m x 3.12m) Dual aspect double glazed windows, electric fire with feature surround, gas central heating radiators, door to; Kitchen / Diner (2.78m x 3.48m) A range of wall & base units with contrasting work work surfaces, stainless steel sink with taps, tiled splashbacks, integrated electric oven, electric hob with extractor over, space for fridge freezer, washing machine, gas central heating radiator, ceramic tiled flooring, double glazed window to rear aspect, Upvc part glazed door leading to garden, door to; Utility Space for fridge freezer, vinyl flooring, Upvc door leading to front aspect; First Floor Landing Loft access, gas central heating radiator, doors to; Bedroom One (5.50m x 3.12m) Dual aspect double glazed windows, gas central heating radiator, built in storage (Combi); Bedroom Two (3.70m x 2.53m) Double glazed window to front aspect, gas central heating radiator; Family Bathroom (1.71m x 1.42m) A suite comprising; Bath with electric shower over, pedestal wash hand basin, part tiled walls, gas central heating radiator, extractor, vinyl flooring, double glazed window to rear aspect; Cloak (0.82m x 1.59m) Enclosed cistern w.c, vinyl flooring, double glazed window to rear aspect; External Rear Private enclosed lawned garden, external eater source, gated access to front aspect;
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 21, Defoe Avenue, South Tyneside
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