Pembroke Terrace, South Shields
North East
£65,000
Listed on 04/11/2026
Listed on 04/11/2026
The listing
Property details
Bedrooms
3Type
ApartmentArea
742 sqftFeatures
- Garden
Description
This three-bedroom upper flat offers 69 square metres of accommodation, with a separate rear yard and no onward chain. The layout includes a lounge, a compact kitchen, a bathroom with WC and three bedrooms. The property would benefit from modernisation, giving a buyer scope to update the rooms to their own requirements.
The flat has gas central heating, double-glazed windows and a renewed 999-year lease. Shops, parks and transport links are nearby, including Metro services and access to the Tyne Tunnel. The seller is offering the property by private treaty.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
75out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £65,000, this three-bedroom upper flat is priced well below the local average at £88 per sq ft versus £147, making it an appealingly low-cost way to acquire a sizeable home with scope to add value. The photographed rooms look generally usable, with the main opportunity being a light refresh: update the dated finishes and flooring, and decide whether the intact but old-fashioned kitchen and bathroom need more than cosmetic attention.
A separate rear yard, bay windows, no onward chain and a renewed 999-year lease add to the appeal. The overall opportunity is good, though the location and fundamentals are more average than exceptional.
Key opportunities
- Acquire at a substantial discount to the local average £/sq ft, leaving room to create value through improvement.
- Refresh the dated decoration, carpets and flooring to give the generally intact rooms a more contemporary feel.
- A separate rear yard, bay windows and renewed 999-year lease add useful appeal.
Key risks
None recorded.
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Transport
Nearest stations
Chichester (Tyne and Wear Metro Station)
0.3 miles
Metro · Chichester
Tyne Dock (Tyne and Wear Metro Station)
0.6 miles
Metro · Tyne Dock
South Shields (Tyne and Wear Metro Station)
1.1 miles
Metro · South Shields
Simonside (Tyne and Wear Metro Station)
1.2 miles
Metro · Simonside
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£266
Based on a loan of £48,750 over 30 years at 5.13% 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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