The Cove, 33 Captains Wharf, South Shields, NE33 1JQ

UPRN:103002603Purpose Built Flat2 bedsBuilt 2003-2006

LeaseholdCouncil Tax: Band BEPC: B (82)

Data freshness:Listing· freshPlanning· 4mo agoEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 1mo agoAmenities· 2mo agoArea· Census 2021Council Tax· 4mo ago

The Cove, 33 Captains Wharf, South Shields, NE33 1JQ

HP Score

/ 100

Mixed

Verdict

2 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

20 of 21 sources

Sale Estimate

£129,000

£116k - £142kMedium

Estimate

£129k

Range

£116k – £142k

Rent Estimate (pcm)

£900

£850 - £950

Monthly

£900

Yield

11.37%

Verdict

Derived from HomePortfolio scores

The Cove earns an INVESTIGATE rating with HP Score 62/100. Investment score 71/100 reflects strong fundamentals. Crime intensity is elevated. Walkability is excellent (93/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

62/ 100

Mixed

Investment Score

71/ 100

High

Crime Score

93/ 100

Elevated

Walkability

93/ 100

Excellent

Transit & Bike

Transit 45Bike 68

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

listing is 'Sold subject to contract' - sale already progressing, not an actionable opportunity

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£94,950

At the asking price

Monthly rent£900/mo

Evidenced range £850-£950

Interest rate5.4%

Loan to value75%

Cash required: £29,786
Net cash flow: £303/mo
Cash on cash: 12.2%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 2.81 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£129,000

Rent Estimate (pcm)£900

Gross Yield11.37%

1y Growth+65.3%

3y Growth+2.3%

5y Growth+2.8%

10y Growth+0.7%

Last Sold Price£75,000 (2025-09-04)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceModerate
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

0NE33 1JQ

Approval Rate

-12mo

Development

low

260701
Installation of floating pontoon and wave break, with access ladder. (Application under Section 73 of the Town and Country Planning Act 1990, requesting a variation to the wording of condition 6 of Appeal Ref: APP/A4520/W/24/3349402 [LPA Ref. ST/0838/23/VC] – to allow for the mooring of up to four other marine craft used for commercial purposes, in addition to the already approved mooring of safety boats, boats engaged in educational uses or recreational leisure boats by that appeal decision and its condition 6)
Pending
260702
Application for Non-Material Amendment in relation to previously approved planning application 260105 to change description, site address and correction of drawing references in conditions 2 and 4
Pending
260699
Single storey side/rear extension
Pending

View Planning Timeline

Ownership

Corporate Ownership65.8%
Overseas OwnershipNo
Lease Term Remaining101 yrs
CovenantsRestrictive
Lease TypeLeasehold
Last Ownership Change2025-09-04
SourceLand Registry

View Ownership Details

Connectivity

Broadband (Standard)

15 Mbps

Mobile 4G/5G Coverage

EEThreeO2Vodafone

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£28,784

Population Density-

Owner Occupied33%

Age Distribution

0-15 14%16-64 63%65+ 23%

View Area Profile

Schools Nearby

Hadrian Primary School
0.4 mi
Good
Marine Park Primary School
0.5 mi
Report card2026
Ofsted no longer awards a single overall grade.
St Bede's Catholic Primary School, South Shields
0.6 mi
Outstanding
Waterville Primary School
0.7 mi
Good

3 of 13 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

15 Captains Wharf
-
£190k
-
The Cove, 38 Captains Wharf
-
£75k
-
48 Captains Wharf
-
£214k
-
29 Captains Wharf
-
£112k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN