Let Flat

41 SILKEYS LANE

NORTH SHIELDS, NORTH SHIELDS, TYNE AND WEAR NE29 0JT

2 beds 1 baths 68 m² Listed 8 Jul 2019 (-2583d)

£375 pcm

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# 2 bedroom ground floor flat for rent (NE29 0JT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 41 SILKEYS LANE, NORTH SHIELDS, NORTH SHIELDS, TYNE AND WEAR NE29 0JT |
| Price | £375 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £73,750 Mar 2007 |

## Description

Two bedroom ground floor flat located close to local amenities of North Shields Town Centre. The property comprises a good sized lounge with and laminate flooring. The property has two bedrooms; the master being a good size with built in cupboards. The kitchen has ample base and wall units. The property has been fitted with a new kitchen and bathroom.  The bathroom comprises a white suite with full height tiling.  Available now unfurnished.

## Property Photos

- ![Photo](/listings/photos/63554922/1600442)
- ![Photo](/listings/photos/63554922/1600443)
- ![Photo](/listings/photos/63554922/1600444)
- ![Photo](/listings/photos/63554922/1600445)
- ![Photo](/listings/photos/63554922/1600446)
- ![Photo](/listings/photos/63554922/1600447)

## EPC Graphs

- ![EPC](/listings/photos/63554922/1600448) - EPC

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #7950659
- **Address:** 41 Silkeys Lane, NORTH SHIELDS, NE29 0JT
- **Certificate Issued:** 14/02/2011
- **Work Completed:** 13/01/2011
- **Items:** 4 window(s)

## 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, Bamborough Terrace, NE30 | £895/mo | 2 | 0.8 miles | OpenRent |

**Average rent: £895/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £895/mo).*

- **Gross yield:** 2864%
- **Monthly cashflow:** £779/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8596.1%

*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).*

## 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)

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Property details

Floor area

68 m²

Deprivation

Decile 1 (3,208 of 33,755)

Street crime

351 incidents within 1 mile (Jun 2026)

Key features

Two Bedrooms
New Kitchen & Bathroom
Redecorated Throughout
Double Glazing
Gas Central Heating
Good Transport Links
Close to Local Amenities
EPC Rating D

Description

Two bedroom ground floor flat located close to local amenities of North Shields Town Centre. The property comprises a good sized lounge with and laminate flooring. The property has two bedrooms; the master being a good size with built in cupboards. The kitchen has ample base and wall units. The property has been fitted with a new kitchen and bathroom. The bathroom comprises a white suite with full height tiling. Available now unfurnished.

Listed by

North Shields

Hunters Property Group Ltd

Reference: 63554922

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #7950659

Property Details

Street: 41 Silkeys Lane

Town: NORTH SHIELDS

Postcode: NE29 0JT

Installation Details

Items: 4 windows

Certificate Issued: 14/02/2011

Work Completed: 13/01/2011

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Rental Range

Estimated market rent for North Tyneside. Low = conservative, Realistic = average, Optimistic = best case.

Low £761/mo

Realistic £846/mo

Optimistic £931/mo

Based on Local Authority from postcode lookup → North Tyneside.

LHA (30th percentile) floor for Tyneside: £549/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NE29 0JT

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Chirton Green	0.1 miles
Bus stop	CHIRTON GREEN-ST GEORGE CRESCENT-S/B	0.1 miles
Shop	Premier Chirton Wines	0.1 miles
Shop	The Man Cave	0.1 miles
Hospital	Priory Day Hospital	0.3 miles
Train station	Meadow Well	0.4 miles
Train station	North Shields	0.5 miles
University	Dove Marine Laboratory	2.2 miles
University	Northumbria University Coach Lane Campus	4.3 miles
Hospital	Sunderland Primary care Trust	5.6 miles

Street-level crime

Category	Count
Violence and sexual offences	88
Anti-social behaviour	73
Shoplifting	60
Criminal damage and arson	26
Public order	25
Burglary	23
Vehicle crime	19
Other theft	18
Other crime	9
Robbery	3
Bicycle theft	2
Drugs	2
Theft from the person	2
Possession of weapons	1
Total incidents	351

Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
St Joseph's Catholic Primary School, North Shields	Primary	0.3 miles	Good — 7 Jul 2024
Collingwood Primary School	Primary	0.3 miles	Good — 22 May 2013
Waterville Primary School	Primary	0.4 miles	Good — 11 May 2020
St Cuthbert's Catholic Primary School, North Shields	Primary	0.4 miles	Good — 26 Nov 2014
Riverside Primary School	Primary	0.4 miles	Requires improvement — 9 Sep 2024

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, Bamborough Terrace, NE30	£895/mo	2	0.8 miles	OpenRent

Average rent: £895/mo (1 listing)