# 2 bedroom flat for sale (NE33 3JP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 68 CANDLISH STREET, SOUTH SHIELDS, TYNE AND WEAR NE33 3JP |
| Price | £75,000 |
| Bedrooms | 2 |
| Last sold | £75,000 Nov 2017 |

## Description

Phenomenally presented this completely refurbished two bedroom ground floor flat to be sold with no chain.Located on the popular Candlish Street means you are a short distance from South Shields town centre, a wealth of local amenities, transport links and South Shields breathtaking coastline and beaches.This property has been completely refurbished throughout keeping its original features as well as boasting beautiful wooden doors and brand new carpets. Once you arrive at the property you will discover a welcoming entrance porch and hall that give access to a lounge and a very modern open plan kitchen. You will also gain access to  two spacious bedrooms and a very stylish bathroom WC. Externally you will find a private yard to the rear. Viewings for this property are highly recommended please call 0191 4552475 to arrange.

**No Chain

Completely Refurbished

Fantastic Presentation

A Great Location

Private Rear Yard

Viewings Advised

**

**Ground Floor**   x .

**Porch**   x .  UPVC double glazed door. Double glazed uPVC window facing the front. Carpeted flooring, dado rail.

**Entrance Hall**   x .  Radiator, carpeted flooring, dado rail.

**Lounge**  12' x 15'1" (3.66m x 4.6m).  UPVC double glazed door, opening onto the yard. Double glazed uPVC window facing the rear. Radiator and feature fireplace with an electric fire, carpeted flooring, original coving.

**Kitchen**  5' x 13'1" (1.52m x 3.99m).  Open Plan; Double glazed uPVC window facing the side. Radiator. Roll top work surface, fitted wall and base units with under lights, stainless steel single sink, electric oven, gas hob, overhead extractor, space for washing machine, fridge/freezer.

**Bedroom One**  13' x 12'1" (3.96m x 3.68m).  Double glazed uPVC bay window facing the front. Radiator, carpeted flooring, dado rail, ceiling rose, original coving.

**Bedroom Two**  7'1" x 12' (2.16m x 3.66m).  Double glazed uPVC window facing the rear. Radiator, carpeted flooring.

**Bathroom**   x .  Double glazed uPVC window facing the side. Heated towel rail, spotlights. Low level WC, double enclosure shower, wall-mounted sink with mixer tap, extractor fan.

**External**   x .  A private rear yard.

## Property Photos

- ![Front](/listings/photos/44650953/1627732) - Front
- ![Lounge](/listings/photos/44650953/1627733) - Lounge
- ![Kitchen](/listings/photos/44650953/1627736) - Kitchen
- ![Kitchen](/listings/photos/44650953/1627737) - Kitchen
- ![Bedroom One](/listings/photos/44650953/1627738) - Bedroom One
- ![Bedroom Two](/listings/photos/44650953/1627739) - Bedroom Two
- ![Bathroom](/listings/photos/44650953/1627740) - Bathroom
- ![Rear Yard](/listings/photos/44650953/1627741) - Rear Yard
- ![EPC](/listings/photos/44650953/1627744) - EPC

## Floorplans

- ![CWQuickSketch.jpg](/listings/photos/44650953/1627746) - CWQuickSketch.jpg

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 68 CANDLISH STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3JP | £75,000 | 24/11/2017 | Flat |
| 68 CANDLISH STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3JP | £105,000 | 09/02/2015 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 53 WHARTON STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3JX | £45,000 | 28/11/2025 | Flat |
| 81 WHARTON STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3JX | £87,500 | 29/10/2025 | Flat |
| 19 HYDE STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3LR | £75,000 | 08/09/2025 | Flat |
| 30 MOZART STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3LE | £66,000 | 25/02/2025 | Flat |
| 129 WHARTON STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3JZ | £47,000 | 22/01/2025 | Flat |
| 5 ROSA STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3LN | £76,000 | 11/08/2023 | Flat |
| 32 LYNDHURST STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 2TA | £70,000 | 14/07/2023 | Flat |
| 102 WHARTON STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3JZ | £55,000 | 15/05/2023 | Flat |
| 57 HYDE STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3LL | £57,000 | 15/12/2022 | Flat |
| 22 BEETHOVEN STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3LJ | £92,500 | 24/11/2022 | Flat |
| 119 WHARTON STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3JZ | £77,000 | 21/10/2022 | Flat |
| 107 WHARTON STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3JZ | £68,000 | 30/09/2022 | Flat |
| 107 SPOHR TERRACE, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3LQ | £74,500 | 29/09/2022 | Flat |
| 30 MOZART STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3LE | £63,500 | 23/09/2022 | Flat |
| 12 BEETHOVEN STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3LJ | £73,500 | 20/09/2022 | Flat |
| 10 ROSA STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3LN | £72,500 | 09/09/2022 | Flat |
| [Same street] 65 CANDLISH STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3JP | £44,000 | 02/09/2022 | Terraced |
| 2 GRAHAM STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3JR | £70,000 | 15/07/2022 | Flat |
| 23 HYDE STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3LR | £52,000 | 19/05/2022 | Flat |
| 43 WHARTON STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3JX | £80,000 | 06/05/2022 | Flat |
| 41 SALISBURY STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 2SZ | £80,100 | 25/03/2022 | Flat |
| [Same street] 92 CANDLISH STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 3JP | £68,000 | 17/12/2021 | Other |

**Street average:** £56,000 (2 sales)
**Area average:** £69,105 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £87,785 (38 Flat, NE33, 2024–2026)
- **Deviation:** -14.6%

## Rental Range

*ONS Price Index of Private Rents (South Tyneside). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £658/mo
- **Realistic:** £731/mo
- **Optimistic:** £804/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Dunelm St, NE33 | £850/mo | 2 | 0.08 miles | OpenRent |
| 2 Bed Flat, St. Michaels Avenue North, NE33 | £625/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, Imeary Street, NE33 | £675/mo | 2 | 0.3 miles | OpenRent |
| 2 Bed Flat, Tadema Road, NE33 | £650/mo | 2 | 0.47 miles | OpenRent |
| 2 Bed Flat, Baring Street, NE33 | £620/mo | 2 | 0.49 miles | OpenRent |
| 2 Bed Flat, Collingwood Street, NE33 | £730/mo | 2 | 0.73 miles | OpenRent |
| 2 Bed Flat, Marshall Wallis Road, NE33 | £650/mo | 2 | 0.78 miles | OpenRent |
| 2 Bed Flat, Pembroke Terrace, NE33 | £695/mo | 2 | 0.78 miles | OpenRent |

**Average rent: £687/mo (8 listings)**

## 1% Rule

- **Rent ratio:** 0.88% (okay)
- **Max investor price (0.8%):** £82,875
- **Target investor price (1%):** £66,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £663/mo).*

- **Gross yield:** 10.6%
- **Cost-to-rent:** 9.4×
- **Monthly cashflow:** £276/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 15.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 0.9%
- **10y growth:** 21.1%

## House Price Index (HM Land Registry)

*Official index for South Tyneside; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -2.6%
- **5y growth (index):** 6.3%
- **10y growth (index):** 20.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
