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Madras Street, South Shields, Tyne And Wear, NE34 - Image 1
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Madras Street, South Shields, Tyne And Wear, NE34

North East

£75,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom Victorian mid-terraced property is situated in a central location in South Shields, Tyne and Wear, providing easy access to both local amenities and the coastline. With no onward chain and immediate vacant possession, this home represents a promising opportunity for renovation or investment. Spanning approximately 69m² (741ft²) across two levels, the traditional layout features two generous reception rooms that offer potential for an open-plan redesign, a galley kitchen, and a family bathroom on the ground floor. The first floor comprises three well-sized bedrooms. The rear of the property includes a private yard with access point, enhancing outdoor utility. The property requires modernisation throughout, presenting significant scope for transformation tailored to personal tastes or rental requirements. This makes it an appealing option for owner-occupiers seeking a project or investors aiming to enhance value either through refurbishment or reconfiguration. Beyond the interior potential, the location enhances its appeal. Nestled within a residential street of South Shields, residents will benefit from close proximity to essential services such as shops and parks, alongside educational institutions. The area is known for its leisure attractions like Sandhaven Beach and South Shields Pier, further adding to its livability. Transport links are strong; with John Reid Road just 0.5km away and the A19 accessible within 1.7km, commuting throughout the North East is convenient. This combination of factors—property condition, location advantages, and transport accessibility—positions this home as a viable candidate for those looking to invest or create their ideal living space in a vibrant coastal town. Council Tax Band: A - South Tyneside Council EPC Rating: D Tenure: Freehold

Investment Analysis

(NE34 area)
Area Average
£195/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (NE34)

Area prices are rising by +8.9% over the last 12 months
3 year growth: 13.0%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on NE34 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

Madras Street, South Shields, Tyne And Wear, NE34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£275
Based on a loan of £56,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE