Sold STC Flat

FLAT A

QUADRANT, 55, MILL DAM, SOUTH SHIELDS, TYNE AND WEAR NE33 1EQ

2 beds 1 baths 52 m² Listed 26 Jul 2025 (-361d)

£129,950

Offers in Region of

Reduced on 26 Sep 2025

Save

# 2 bedroom flat for sale (NE33 1EQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT A, QUADRANT, 55, MILL DAM, SOUTH SHIELDS, TYNE AND WEAR NE33 1EQ |
| Price | £129,950 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £123,380 Mar 2026 |

## Description

Upon entering the property, the stunning integrated kitchen catches the eye, beckoning you to indulge your culinary aspirations. The open plan living area seamlessly connects the kitchen with the rest of the apartment, creating a harmonious space ideal for entertaining guests or enjoying a cosy night in.

The apartment boasts river views, offering a picturesque backdrop that enhances the tranquillity of the living space. Imagine waking up each morning to the sight of the sun glistening on the water, filling the room with a sense of calm and serenity.

Convenience is key with this property, as it is located within walking distance of the town centre and various transport links. Whether you're heading out for a night on the town or commuting to work, the central location of this apartment ensures that everything you need is just a stone's throw away.

In addition to the apartment's charms, residents have access to a communal garden, providing a tranquil oasis in the heart of the bustling city. Imagine enjoying a leisurely stroll through lush greenery or unwinding with a book in a peaceful corner of the garden - the possibilities for relaxation and rejuvenation are endless.

Offered with no onward chain, this property presents a rare opportunity to secure a piece of history combined with modern comfort. Don't miss your chance to make this apartment your own and enjoy a lifestyle of convenience, beauty, and comfort. Contact us today to arrange a viewing and take the first step towards calling this exquisite apartment your new home.

## Property Photos

- ![Photo](/listings/photos/164990246/1086313)
- ![Lounge](/listings/photos/164990246/1086314) - Lounge
- ![Kitchen](/listings/photos/164990246/1086315) - Kitchen
- ![Photo](/listings/photos/164990246/1086316)
- ![Lounge](/listings/photos/164990246/1086317) - Lounge
- ![Kitchen](/listings/photos/164990246/1086318) - Kitchen
- ![Bedroom One](/listings/photos/164990246/1086319) - Bedroom One
- ![Bedroom One](/listings/photos/164990246/1086320) - Bedroom One
- ![Bedroom Two](/listings/photos/164990246/1086321) - Bedroom Two
- ![Bedroom Two](/listings/photos/164990246/1086322) - Bedroom Two
- ![Hallway](/listings/photos/164990246/1086323) - Hallway
- ![Bathroom](/listings/photos/164990246/1086324) - Bathroom
- ![Photo](/listings/photos/164990246/1086325)
- ![Photo](/listings/photos/164990246/1086326)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| QUADRANT, 55 FLAT A MILL DAM, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1EQ | £123,380 | 02/03/2026 | Flat |
| QUADRANT, 55 FLAT A MILL DAM, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1EQ | £99,500 | 01/07/2019 | Flat |
| QUADRANT, 55 FLAT A MILL DAM, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1EQ | £65,000 | 07/06/2017 | 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 |
|---------|-------|------|------|
| 16 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ | £160,000 | 14/04/2023 | Flat |
| 5 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ | £175,000 | 25/11/2022 | Flat |
| 17 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ | £185,000 | 13/05/2022 | Flat |
| 15 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ | £142,500 | 26/11/2021 | Flat |
| 18 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ | £150,000 | 08/10/2021 | Flat |

**Area average:** £162,500 (5 sales)

## Price vs local average

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

- **Local average:** £86,374 (37 Flat, NE33, 2024–2026)
- **Deviation:** +50.5%

## 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):** £549/mo

## 1% Rule

- **Rent ratio:** 0.56% (weak for cashflow)
- **Max investor price (0.8%):** £90,750
- **Target investor price (1%):** £72,600

*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 Area rent estimate.*

## Capital growth trend

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

- **5y growth:** -15.1%
- **10y growth:** 33.5%

## 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)

Photo 1 Lounge Kitchen Photo 4 Lounge Kitchen Bedroom One Bedroom One Bedroom Two Bedroom Two Hallway Bathroom Photo 13 Photo 14

/ 14

Property details

Tenure

LEASEHOLD (86 years remaining on lease)

Floor area

52 m²

Council tax band

Last sold

£123,380 Mar 2026

Local average

£86,374 (+50.5%)

Deprivation

Decile 1 (2,508 of 33,755)

Street crime

579 incidents within 1 mile (May 2026)

Key features

Grade II Listed Building
Ground Floor Apartment
Stunning Integrated Kitchen
Open Plan Living
Communal Garden
River Views
Walking Distance to the Town Centre & Transport Links
No Onward Chain

Additional details

Electricity: Mains supply
Broadband: FTTP (fibre to the premises)
Heating: Gas central
Garden: Communal garden
Listed property: Yes
Restrictions: No
Required access: No
Rights of way: No
Flooded in last 5 years: No
Flood defences: No

Description

Nestled within a Grade II listed building, this ground floor apartment offers a blend of historic charm and modern convenience. Welcoming you through its doors are two spacious bedrooms, providing a tranquil retreat ideal for unwinding after a long day.

Upon entering the property, the stunning integrated kitchen catches the eye, beckoning you to indulge your culinary aspirations. The open plan living area seamlessly connects the kitchen with the rest of the apartment, creating a harmonious space ideal for entertaining guests or enjoying a cosy night in.

The apartment boasts river views, offering a picturesque backdrop that enhances the tranquillity of the living space. Imagine waking up each morning to the sight of the sun glistening on the water, filling the room with a sense of calm and serenity.

Convenience is key with this property, as it is located within walking distance of the town centre and various transport links. Whether you're heading out for a night on the town or commuting to work, the central location of this apartment ensures that everything you need is just a stone's throw away.

In addition to the apartment's charms, residents have access to a communal garden, providing a tranquil oasis in the heart of the bustling city. Imagine enjoying a leisurely stroll through lush greenery or unwinding with a book in a peaceful corner of the garden - the possibilities for relaxation and rejuvenation are endless.

Offered with no onward chain, this property presents a rare opportunity to secure a piece of history combined with modern comfort. Don't miss your chance to make this apartment your own and enjoy a lifestyle of convenience, beauty, and comfort. Contact us today to arrange a viewing and take the first step towards calling this exquisite apartment your new home.

Listed by

South Tyneside

SARAH CONWAY LTD

Reference: 164990246

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

90% since 2017

Event	Date	Price	% change
Sold	02/03/2026 (4 months ago)	£123,380	+24%
Sold	01/07/2019 (7 years ago)	£99,500	+53.1%
Sold	07/06/2017 (9 years ago)	£65,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
16 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ	£160,000	14/04/2023	Flat
5 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ	£175,000	25/11/2022	Flat
17 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ	£185,000	13/05/2022	Flat
15 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ	£142,500	26/11/2021	Flat
18 FERRY APPROACH, SOUTH SHIELDS, SOUTH TYNESIDE, TYNE AND WEAR, NE33 1JJ	£150,000	08/10/2021	Flat

Area average: £162,500 (5 sales)

Capital growth trend

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

5y growth -15.1%

10y growth 33.5%

House Price Index (HM Land Registry — official index, not sold-price averages): South Tyneside. Series: Flats and maisonettes. As of April 2026.

1y (index) -2.6%

5y (index) 6.3%

10y (index) 20.2%

Rental Range

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

Low £653/mo

Realistic £726/mo

Optimistic £799/mo

Based on Local Authority from postcode lookup → South 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 NE33 1EQ

Address

53 Mill Dam

Nearby

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

Type	Name	Distance
Shop	Petty Things	0.0 miles
Bus stop	Commercial Road - Holborn House (N/B)	0.0 miles
Bus stop	Commercial Road - Holborn House (S/B)	0.1 miles
Shop	Shop @ the Word	0.2 miles
Train station	South Shields	0.3 miles
Train station	Chichester	0.7 miles
Hospital	Priory Day Hospital	1.3 miles
University	Dove Marine Laboratory	2.8 miles
Hospital	Sunderland Primary care Trust	4.7 miles
University	Newcastle University	7.2 miles

Street-level crime

Category	Count
Violence and sexual offences	159
Anti-social behaviour	143
Shoplifting	127
Public order	34
Criminal damage and arson	30
Burglary	18
Vehicle crime	17
Other theft	14
Other crime	12
Drugs	9
Possession of weapons	6
Theft from the person	5
Robbery	4
Bicycle theft	1
Total incidents	579

Within 1 mile during May 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 Bede's Catholic Primary School, South Shields	Primary	0.4 miles	Outstanding — 2 Jul 2024
Marine Park Primary School	Primary	0.6 miles	Outstanding — 14 Apr 2017
Laygate Community School	Primary	0.6 miles	Good — 21 Nov 2012
Hadrian Primary School	Primary	0.7 miles	Good — 15 Dec 2022
Waterville Primary School	Primary	0.9 miles	Good — 11 May 2020

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.56%

Max investor price (0.8%) £90,750

Target investor price (1%) £72,600

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).