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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 09/10/2025

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom Victorian mid-terraced property in South Shields offers a blank canvas for renovation enthusiasts and investors alike. With no onward chain and available for immediate occupancy, this home is ripe with potential for modernization. Spanning approximately 69m² across two floors, the traditional layout includes two spacious reception areas, a galley kitchen, and a family bathroom on the ground floor, alongside three well-sized bedrooms upstairs. The private rear yard adds convenience with accessible entry points. Despite its dated condition, this property presents an excellent opportunity to customize the living spaces according to modern tastes or rental standards. The favorable location provides easy access to local amenities and transport links, making it suitable for both families and potential rental income. This investment is particularly appealing given the vibrant community surrounding it; from beautiful coastal attractions to historical sites and well-rated schools, there are numerous lifestyle benefits available. Whether you are planning to make this your home or seeking an investment project, its significant scope for improvement can lead to considerable value enhancement.

Investment Analysis

(NE34 area)
Area Average
£201/sq ft
Avg Rent (weekly)
£171
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NE34)

Area prices are rising by +5.1% over the last 12 months
3 year growth: +9.1%
5 year growth: +15.0%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£266
Based on a loan of £56,250 over 30 years at 3.91% 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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