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Dacre Street, South Shields

North East

£100,000
Listed on 02/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1420 sqft

Description

This mid-terraced residence presents a compelling opportunity for savvy investors or first-time buyers looking to create their ideal living space. Offered with vacant possession, the property serves as a blank canvas awaiting personal touches and enhancements. The layout includes an inviting entrance lobby leading into a central hallway that connects to two spacious reception rooms, providing ample room for entertaining or family gatherings. The kitchen breakfast area is functional but may benefit from modernization, and there's a practical utility space that could be repurposed or upgraded. On the first floor, you'll find three well-sized bedrooms alongside a bathroom and separate W.C., both of which provide potential for updates to enhance comfort and style. A small rear yard offers low maintenance outdoor space that could be transformed into a cozy retreat. Situated conveniently near Chichester Metro station and local amenities, this home combines accessibility with investment potential, ideal for rental income or resale projects.

Investment Analysis

(NE33 area)

Below Market Value

This property is priced -49.2% below area average per sq ft

-49.2%
Potential saving
This Property
£70/sq ft
Area Average
£139/sq ft
Avg Rent (weekly)
£154
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£216,649
10% above area average per sq ft
Potential ROI
+73.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (NE33)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +13.8%
5 year growth: +13.3%
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

Dacre Street, South Shields
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£361
Based on a loan of £75,000 over 30 years at 4.06% 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.

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