# 2 bedroom house for sale (NE29 7QB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 27 CHAPEL STREET, NORTH SHIELDS, TYNE AND WEAR NE29 7QB |
| Price | £139,950 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £137,500 Aug 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 29/04/2035
- **Current heating cost:** £443/year
- **Est. upgrade cost to C:** £9,500

### Recommendations
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0330-2270-3440-2875-0925)

## Description

Fresh Property Centre are pleased to welcome to the market this charming two bed home on Chapel Street in North Shields.  This delightful house presents an excellent opportunity for first-time buyers, boasting a well-proportioned reception room, dining area, open plan kitchen and downstairs WC, perfect for relaxing or entertaining guests. To the first floor there are two bedrooms, a study and family bathroom.

The property is being sold with no upper chain and is ideally located in North Shields, with easy access to local amenities, schools, and transport links, making daily life both convenient and enjoyable.

## Property Photos

- ![Front 2.jpg](/listings/photos/161312723/1452124) - Front 2.jpg
- ![Living Room.jpg](/listings/photos/161312723/1452128) - Living Room.jpg
- ![Kitchen.jpg](/listings/photos/161312723/1452129) - Kitchen.jpg
- ![Bedroom 1.jpg](/listings/photos/161312723/1452135) - Bedroom 1.jpg
- ![Bedroom 2.jpg](/listings/photos/161312723/1452136) - Bedroom 2.jpg
- ![Bedroom 3.jpg](/listings/photos/161312723/1452137) - Bedroom 3.jpg
- ![Bathroom.jpg](/listings/photos/161312723/1452139) - Bathroom.jpg
- ![Outside.jpg](/listings/photos/161312723/1452140) - Outside.jpg
- ![WC.jpg](/listings/photos/161312723/1452141) - WC.jpg
- ![Front 1.jpg](/listings/photos/161312723/1452142) - Front 1.jpg

## Floorplans

- ![Floor Plan Chaple Street.jpg](/listings/photos/161312723/1452144) - Floor Plan Chaple Street.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/161312723/1452146) - EE Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 27 CHAPEL STREET, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 7QB | £137,500 | 12/08/2025 | Semi-detached |
| 27 CHAPEL STREET, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 7QB | £103,000 | 19/11/2018 | Semi-detached |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 23 CHIRTON AVENUE, NORTH SHIELDS, NORTH TYNESIDE, TYNE AND WEAR, NE29 0JS | £54,000 | 20/05/2022 | Other |

**Area average:** £54,000 (1 sale)

## Price vs local average

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

- **Local average:** £978,600 (20 Other, NE29, 2024–2026)
- **Deviation:** -85.7%

## Rental Range

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

- **Low:** £761/mo
- **Realistic:** £846/mo
- **Optimistic:** £931/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 Flat, Central Avenue, NE29 | £695/mo | 2 | 0.3 miles | OpenRent |

**Average rent: £695/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.5% (weak for cashflow)
- **Max investor price (0.8%):** £86,875
- **Target investor price (1%):** £69,500

*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 £695/mo).*

- **Gross yield:** 6%
- **Cost-to-rent:** 16.8×
- **Monthly cashflow:** £49/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1.5%

*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).*

## Price per Square Metre

- **£/m²:** £2,294/m²

## Capital growth trend

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

- **5y growth:** 894.4%
- **10y growth:** 2208.8%

## House Price Index (HM Land Registry)

*Official index for North Tyneside; All dwelling types series; as of May 2026.*

- **1y growth (index):** 3.8%
- **5y growth (index):** 21%
- **10y growth (index):** 41.6%

## 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)