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2 bed flat for sale Captains Wharf, South Shields, NE33

Asking Price

£99,950

Added on 30/09/2026

Type: Flat
Bedrooms: 2
Tenure: Leasehold; 101 years left(from the agent's description)

Council tax Band B £1,893 a year

* From the agent's description. Check it with them before you rely on it.

Key features

Superb Location With Balcony & River Views
Stones Throw From South Shields Town Centre
Investment Opportunity With Tenants Already In Situ
Allocated Parking Bays For Visitors
Sure To Appeal To Many - Call Now To View !
Reference : 391141
Balcony
Leasehold
Parking and/or Driveway

About this property

Property Description

RIVER VIEWS! Situated on Captains Wharf within The Cove, a sought after riverside development, this top floor two bedroom apartment is offered as an investment opportunity with a sitting tenant currently paying £750 pcm (£9,000 per annum). Representing a strong rental yield, the property presents an attractive proposition for landlords seeking a ready-made investment.

Council tax

Band B £1,893 a year

Per year

Band A

£1,623
Band B

This home: £1,893
Band C

£2,164
Band D

£2,434
Band E

£2,975
Band F

£3,516
Band G

£4,057
Band H

£4,869

This home is in band B, which costs £1,893 a year in South Tyneside for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across South Tyneside, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Property timeline

Listed

September 2026 £99,950

2 beds · this listing

Past sales can't be shown: the agent hasn't given the flat number.

Price guide

42 comparables · within 2.9 miles

Cheaper than 60% of the 2-bed flats for sale nearby right now.

This home, £99,950 Median £112,500 · £75,500 – £244,500

Compared with 42 2-bed flats for sale within 2.9 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Captains Wharf, South Shields, NE33

Open map Street View

Mortgage and stamp duty

Property price £99,950

£50k £150k

Deposit10% £10,000

£0 £100k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £89,950 mortgage. Most lenders would want a household income of about £20,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
15, Captains Wharf Terraced	Terraced	Jun 2026	743 sq ft £256/sq ft	743 sq ft	£256	£190,000
48, Captains Wharf Semi-detached	Semi-detached	Aug 2025	764 sq ft £280/sq ft	764 sq ft	£280	£214,035
29, Captains Wharf Flat / maisonette	Flat / maisonette	May 2025	549 sq ft £204/sq ft	549 sq ft	£204	£112,000
46, Captains Wharf Flat / maisonette	Flat / maisonette	Dec 2024	592 sq ft £211/sq ft	592 sq ft	£211	£125,000
16, Captains Wharf Semi-detached	Semi-detached	Aug 2024	710 sq ft £282/sq ft	710 sq ft	£282	£200,000
The Cove, 39, Captains Wharf Flat / maisonette	Flat / maisonette	Feb 2024	646 sq ft £201/sq ft	646 sq ft	£201	£129,950
11, Captains Wharf Terraced	Terraced	Sept 2023	743 sq ft £202/sq ft	743 sq ft	£202	£150,000
46, Captains Wharf Flat / maisonette	Flat / maisonette	Dec 2022	592 sq ft £194/sq ft	592 sq ft	£194	£115,000