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Mortimer Road, South Shields

North East

£178,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Terraced House
Area
1291 sqft

Description

This mid-terrace property presents a significant opportunity for buyers looking to customize their ideal family home in a desirable location. Upon entering, you are greeted by an entrance hall leading into a spacious lounge filled with natural light. The dining room at the back features French doors that open onto a manageable yard, providing the possibility to create an open-plan living area by blending the dining and kitchen spaces—perfect for contemporary family life. The integrated kitchen is functional, while a convenient ground-floor WC adds practicality to the layout. The first floor offers three generously sized bedrooms, complemented by a neutral four-piece bathroom suite that awaits your personal touches. Outside, the rear yard boasts patio seating and has been modified for off-road parking via an electric roller shutter; however, there's also potential to transform this space into a charming garden retreat. Conveniently located near well-regarded schools, public transport links—including bus routes and Chichester Metro Station—and local amenities such as parks and coastal attractions, this property represents an excellent investment with ample scope for renovation, making it ideal for those seeking comfort and convenience in a thriving community.

Investment Analysis

(NE33 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£138/sq ft
Area Average
£143/sq ft
Avg Rent (weekly)
£162
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£203,500
10% above area average per sq ft
Potential ROI
-6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NE33)

Area prices are falling by -5.3% over the last 12 months
3 year growth: +11.0%
5 year growth: +8.7%
Investment Disclaimer: Analysis based on NE33 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Mortimer Road, South Shields
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£635
Based on a loan of £133,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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