1/8
£65,000
3 beds · 1 bath
Shafto Street, Wallsend, Tyne and Wear, NE28
0.03 miles
away
Leasehold
Added on 16/09/2026 Your Move
1/11
1/11
£75,000
Asking price 2 bed flat for sale Shafto Street, Wallsend
2
beds 1
bath Flat
Leasehold
Added on 16/09/2026
About this property
* INVESTMENT OPPORTUNITY * TENNAT IN SITU AT £700PCM * WALLSEND NE28 * TWO BEDROOM * GROUND FLOOR FLAT * ACCESS TO LOCAL AMENITIES * EPC RATING C * COUNCIL TAX BAND A * Located on Shafto Street in the vibrant area of Wallsend, this charming two-bedroom ground floor flat presents an excellent investment opportunity. Currently tenanted at £700 per calendar month, this property is perfect for those looking to expand their portfolio or for first-time buyers seeking a comfortable home. Inside, you will find a welcoming living room that serves as the heart of the home, alongside two well-proportioned bedrooms, a functional kitchen, and a bathroom.
Key features
- Investment opportunity, tenant in situ
- Two-bedroom ground floor flat
- Located on Shafto Street, Wallsend
- Access to local amenities
- Transport links to Newcastle
- Living room, kitchen, bathroom
- Rear yard for outdoor space
- On-street parking available
- Ideal for investors
- Viewing recommended, don't miss out
Floorplan
Location
Shafto Street, Wallsend, NE28 7AH
- Council tax
- Band A (Approx £1,641/year)North Tyneside's 2026/27 area average, including the typical parish precept for band A. Your bill may differ: single-person and other discounts may apply.
Mortgage and stamp duty
Property price £75,000
£38k £113k
Deposit11% £8,000
£0 £75k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £67,000 mortgage. Most lenders would want a household income of about £15,000 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.
Historic sold prices nearby
HM Land Registry sales in NE28 7AH. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 52, Shafto Street Flat / maisonette | Flat / maisonette | Mar 2025 | 560 sq ft £63/sq ft | 560 sq ft | £63 | £35,000 |
| 28, Shafto Street Terraced | Terraced | Sept 2024 | 710 sq ft £118/sq ft | 710 sq ft | £118 | £83,500 |
| 38, Shafto Street Flat / maisonette | Flat / maisonette | Aug 2022 | 667 sq ft £109/sq ft | 667 sq ft | £109 | £73,000 |
| 30, Shafto Street Terraced | Terraced | Jul 2022 | 646 sq ft £120/sq ft | 646 sq ft | £120 | £77,500 |
| 28, Shafto Street Terraced | Terraced | Jul 2022 | 710 sq ft £109/sq ft | 710 sq ft | £109 | £77,500 |
| 3, Shafto Street Terraced | Terraced | Feb 2022 | 775 sq ft £168/sq ft | 775 sq ft | £168 | £130,000 |
| 6, Shafto Street Flat / maisonette | Flat / maisonette | Sept 2021 | 807 sq ft £76/sq ft | 807 sq ft | £76 | £61,000 |
| 44, Shafto Street Flat / maisonette | Flat / maisonette | May 2019 | 743 sq ft £91/sq ft | 743 sq ft | £91 | £67,500 |
Area insights
The neighbourhood around this property.
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