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Chichester Road, South Shields

North East

£69,950

Listed on 13/07/2026

Property details

Bedrooms
2
Type
Flat

Description

This adaptable upper floor flat offers two bedrooms, with the potential to revert back to its original three-bedroom configuration. Positioned conveniently for commuters, it has excellent transport links with Chichester Metro and various bus routes nearby, along with a range of local shops and amenities. The entrance leads to an open landing, and the light-filled front-facing bedrooms contribute to an inviting atmosphere. The sizeable lounge seamlessly connects to a dining area, enhancing the overall living space. The kitchen provides access to a rear hall that leads to the bathroom, ensuring functional flow throughout the property. A private rear yard adds outdoor space for relaxation or potential enhancements. This property presents an ideal opportunity for both first-time buyers and investors looking for renovation potential, given its vacant possession status allowing for immediate occupancy or development.

Investment analysis

(NE33 area)
Area Average
£147/sq ft
Avg Rent (weekly)
£155
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NE33)

Area prices are falling by -4.3% over the last 12 months
3 year growth: +16.3%
5 year growth: +8.6%
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

Chichester Road, South Shields
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£264
Based on a loan of £52,462 over 30 years at 4.45% 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

Price History

-6.7% since listed
£69,950£5,050(-6.7%)
07/10/2025
Current price
£75,000Initial listing
16/04/2025

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