# 3 bedroom terraced house for sale (NE33 4SG)

## Property Details

| Key | Value |
|-----|-------|
| Address | 128 READING ROAD, SOUTH SHIELDS, TYNE AND WEAR NE33 4SG |
| Price | £159,950 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Last sold | £158,000 Jul 2018 |

## Description

We are delighted to welcome this lovely three bedroom mid terraced house located in this ever popular location. Situated within great access to local schools and shops, bus links to other areas and The West Park. Internally the property has been upgraded to a very high standard and will appeal to a range of buyers, in particular families looking for a nice terraced home. Briefly comprising of door to hallway, lounge, dining room, kitchen and family bathroom to the ground floor. To the first floor lies three good sized bedrooms and shower room w.c. Externally there is a lawend garden to the rear with timber shed and is access via timber gates. Viewings are highly recommended....Call now to view!

**GROUND FLOOR** 

Entrance via UPVC door to hallway.

**HALLWAY** 

Radiator, double glazed window and stairs to first floor landing.

**LOUNGE** 4.13m (13'7)  x 4.37m (14'4) 

Gas fire with surround and fire place: with LED lighting, double glazed window and radiator.

**DINING ROOM** 3.19m (10'6)  x 4.35m (14'3) 

Double glazed window, laminate flooring and brick effect feature fire place, fitted kitchen base units with drawers and door to kitchen.

**KITCHEN** 3.05m (10'0)  x 1.68m (5'6) 

Fitted with a range of wall and base units, integrated oven and hob with over head extractor, integrated fridge & freezer, plumbing for washer, stainless steel sink unit with mixer taps, splash back tiles, double glazed window and UPVC door to rear.

**BATHROOM** 

Roll top bath with mixer tap/shower head attachment, heated towel rail, wash hand basin set in vanity unit, low level w/c, tiling to walls and floor and double glazed window.

**FIRST FLOOR LANDING** 

Loft access: partly boarded for storage. 

**SHOWER ROOM** 

Shower cubicle, wash hand basin, low level w.c, heated towel rail, laminate flooring and two double glazed windows.

**BEDROOM ONE** 4.3m (14'1)  x 4.09m (13'5) 

Double glazed bay window to the front, radiator and fitted wardrobes.

**BEDROOM TWO** 3.6m (11'10)  x 3.46m (11'4) 

Double glazed window to the rear, radiator and storage cupboard. 

**BEDROOM THREE** 2.46m (8'1)  x 2.08m (6'10) 

Double glazed window to the front and radiator. 

**EXTERIOR** 

Finished with a lawned garden to the rear with patio area and timber shed access by double timber gates. Brick paved patio area to the front.

****The Agent Of The North.**** 

Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Auctions, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on 0191 226 1222

**** 

Every care has been taken in the preparation of these particulars and whilst believed to be accurate they are for general guidance only and they must not be relied upon as statements of representation of fact. Any prospective Purchasers or Tenants must satisfy themselves by inspection or otherwise as to the correctness of the particulars contained and if the property has been subject to any modifications/alterations that these were in accordance with any necessary planning or building regulations which may or may not be applicable. The mention of fixtures, fittings and appliances does not imply that they are in working order. All photographs are reproduced for general information and it must not be inferred that any item shown is included with the property. They do not constitute any part of an offer or contract. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

**** 

EPC Rating: D

## Property Photos

- ![Main Exterior](/listings/photos/64567543/1068363) - Main Exterior
- ![Lounge](/listings/photos/64567543/1068365) - Lounge
- ![Lounge](/listings/photos/64567543/1068368) - Lounge
- ![Dining Room](/listings/photos/64567543/1068370) - Dining Room
- ![Dining Room](/listings/photos/64567543/1068372) - Dining Room
- ![Kitchen](/listings/photos/64567543/1068374) - Kitchen
- ![Hallway](/listings/photos/64567543/1068376) - Hallway
- ![Landing](/listings/photos/64567543/1068377) - Landing
- ![Bathroom](/listings/photos/64567543/1068380) - Bathroom
- ![Bedroom](/listings/photos/64567543/1068381) - Bedroom
- ![Bedroom](/listings/photos/64567543/1068383) - Bedroom
- ![Bedroom](/listings/photos/64567543/1068384) - Bedroom
- ![Bedroom](/listings/photos/64567543/1068385) - Bedroom
- ![Rear Exterior](/listings/photos/64567543/1068387) - Rear Exterior
- ![Shower room](/listings/photos/64567543/1068389) - Shower room

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 128 READING ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4SG | £158,000 | 13/07/2018 | Terraced |
| 128 READING ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4SG | £141,000 | 09/08/2013 | Terraced |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 156 STANHOPE ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4ST | £78,000 | 09/01/2026 | Terraced |
| 144 RICHMOND ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE34 0QQ | £73,000 | 12/12/2025 | Terraced |
| 2 RICHMOND ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE34 0QL | £90,000 | 24/07/2025 | Terraced |
| 18 TALBOT ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE34 0QJ | £63,000 | 11/07/2025 | Terraced |
| 68 BIRCHINGTON AVENUE, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4SA | £67,500 | 09/05/2025 | Terraced |
| 95 BIRCHINGTON AVENUE, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4SB | £73,750 | 17/07/2024 | Terraced |
| 148 - 150 TALBOT ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE34 0RG | £171,000 | 11/12/2023 | Terraced |
| 106 ASHLEY ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE34 0PE | £121,000 | 01/12/2023 | Terraced |
| 233 STANHOPE ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4RT | £140,000 | 30/11/2023 | Terraced |
| [Same street] 116 READING ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4SG | £185,000 | 24/11/2023 | Terraced |
| 157 STANHOPE ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4RU | £295,000 | 24/11/2023 | Terraced |
| 109 WHITEHALL STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4SX | £49,000 | 10/11/2023 | Terraced |
| 13 CRANFORD STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE34 0QN | £85,000 | 08/09/2023 | Terraced |
| 227 STANHOPE ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4RT | £142,500 | 07/09/2023 | Terraced |
| 3 GRESFORD STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4SZ | £60,000 | 28/07/2023 | Terraced |
| 92 RICHMOND ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE34 0QQ | £78,000 | 14/07/2023 | Terraced |
| 108 ASHLEY ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE34 0PE | £125,000 | 19/06/2023 | Terraced |
| 10 CRANFORD STREET, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE34 0QN | £182,500 | 26/05/2023 | Terraced |
| [Same street] 124 READING ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4SG | £220,000 | 25/05/2023 | Terraced |
| 14 COMPTON AVENUE, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE34 0PZ | £99,995 | 12/05/2023 | Terraced |
| 7 GORDON ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE34 0QW | £52,000 | 19/12/2022 | Terraced |
| 33 TALBOT ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE34 0QJ | £170,000 | 13/12/2022 | Terraced |
| [Same street] 119 READING ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4SG | £240,000 | 31/03/2022 | Semi-detached |
| [Same street] 124 READING ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4SG | £117,000 | 10/09/2021 | Terraced |
| [Same street] 115 READING ROAD, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 4SG | £235,000 | 10/09/2021 | Semi-detached |

**Street average:** £199,400 (5 sales)
**Area average:** £110,812 (20 sales)

## Price vs local average

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

- **Local average:** £147,226 (52 Terraced, NE33, 2024–2026)
- **Deviation:** +8.6%

## Rental Range

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

- **Low:** £653/mo
- **Realistic:** £726/mo
- **Optimistic:** £799/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £648/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 |
|------|------|------|------|------|
| 3 Bed Flat, Brownlow Road, NE34 | £675/mo | 3 | 0.25 miles | OpenRent |
| 3 Bed Flat, Vine St, NE33 | £750/mo | 3 | 0.35 miles | OpenRent |

**Average rent: £713/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.45% (weak for cashflow)
- **Max investor price (0.8%):** £89,125
- **Target investor price (1%):** £71,300

*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 £713/mo).*

- **Gross yield:** 5.3%
- **Cost-to-rent:** 18.7×
- **Monthly cashflow:** £-13/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -0.3%

*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:** 19.3%
- **10y growth:** 3.8%

## House Price Index (HM Land Registry)

*Official index for South Tyneside; Terraced series; as of April 2026.*

- **1y growth (index):** 2.5%
- **5y growth (index):** 19.5%
- **10y growth (index):** 40%

## 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)
