# 3 bedroom apartment for rent (NE33 3JP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 94 CANDLISH STREET, SOUTH SHIELDS, TYNE AND WEAR NE33 3JP |
| Price | £675 pcm |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 70 m² |
| Last sold | £65,000 Dec 2014 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 19/06/2035
- **Current heating cost:** £557/year
- **Est. upgrade cost to C:** £9,250

### Recommendations
- Q (£7,500 - £11,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2355-3100-0205-4311-2965)

## Description

Recently refurbished 3 bed upper floor flat situated in a popular residential area of South Shields. Ideally located close to the town centre, local amenities and a short drive to the coastline.

The property briefly comprises of;

Entrance hallway with stairs leading to first floor, pointing to all 3 bedrooms. The master bedroom is located to the front aspect of the property benefitting from a large bay window allowing an abundance of natural light to flood the room. The second room is of double size and the third room being a single. All 3 bedrooms have been decorated in neutral tones with recently fitted grey carpets.

The lounge is a generous size with a feature fireplace providing a cosy setting, following on from the living area leads directly onto the kitchen which offers ample wall and base units including a brand new integrated oven & hob and fridge, with space to house a washing machine.

The bathroom is located to the rear aspect of the property with a newly fitted suite comprising of walk in shower, sink and low level W/C.

Externally the property benefits from a private rear yard and on street parking.

Call now to arrange your viewing! Council Tax Band: A Holding Deposit: £155.00

## Property Photos

- ![Photo](/listings/photos/162482975/1627749)
- ![Photo](/listings/photos/162482975/1627750)
- ![Photo](/listings/photos/162482975/1627751)
- ![Photo](/listings/photos/162482975/1627752)
- ![Photo](/listings/photos/162482975/1627755)
- ![Photo](/listings/photos/162482975/1627757)
- ![Photo](/listings/photos/162482975/1627758)

## EPC Graphs

- ![EPC Image](/listings/photos/162482975/1627759) - EPC Image

## 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):** £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, Milner Street, NE33 | £1,150/mo | 3 | 0.3 miles | OpenRent |
| 3 Bed Flat, Milner Street, NE33 | £725/mo | 3 | 0.31 miles | OpenRent |
| 3 Bed Flat, St. Vincent Street, NE33 | £500/mo | 3 | 0.38 miles | OpenRent |
| 3 Bed Flat, St. Vincent Street, NE33 | £1,500/mo | 3 | 0.42 miles | OpenRent |

**Average rent: £969/mo (4 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £938/mo).*

- **Gross yield:** 1667.6%
- **Monthly cashflow:** £817/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5005.6%

*Gross yield = annual rent as % of price (no costs). 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:** £10/m²

## 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)