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Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 1
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 2
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 3
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 4
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 5
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 6
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 7
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 8
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 9
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 10
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 11

Gerald Street, South Shields, Tyne and Wear, NE34 8RG

North East

£119,995
Listed on 26/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
485 sqft

Description

This three-bedroom terraced home in the sought-after Whiteleas area of South Shields presents a noteworthy opportunity for renovation and investment. The property features a practical layout that caters well to families, first-time buyers, or investors looking to enhance value through updates. A spacious living room serves as the heart of the home, providing ample room for family gatherings. With neutral decor and carpeted flooring, this area offers a blank canvas to work with. Access to the family bathroom is conveniently located off the lounge, which is equipped with essential amenities including a bath and shower combination. The kitchen runs along one side of the property, featuring white fitted units and designated spaces for appliances. This area also accommodates a dining table, reinforcing its role as a functional family space. An extension at the rear adds utility space that can be optimized for additional storage or laundry equipment—perfect for those looking to customize their home. Upstairs, you’ll find three bedrooms that provide flexibility in usage. Two of these rooms are currently set up with single beds while the main bedroom is spacious enough for a king-size bed and includes fitted wardrobes along with access to a loft area. This loft could be transformed into extra storage or serve as an engaging playroom once renovations are completed. Externally, the rear yard features practical elements such as a storage shed and space for garbage bins. The front garden is long and leads to off-street parking for one vehicle, enhancing convenience. Located in Whiteleas, this property benefits from proximity to local shops, restaurants, and reliable bus routes. It also has easy access to major roads like the A19 and Tyne Tunnel, as well as being close to picturesque coastal attractions in South Shields. Educational institutions nearby include Biddick Hall Infant and Junior Schools, Boldon School, and Harton Academy—making it an attractive location for families. With its generous space, adaptable layout, and potential for modernization, this home invites new owners to reimagine its possibilities while benefiting from its central location and community amenities.

Investment Analysis

(NE34 area)

Above Market Value

This property is priced +27.1% above area average per sq ft

+27.1%
This Property
£247/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£103,819
10% above area average per sq ft
Potential ROI
-30.8%
After renovation
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

Gerald Street, South Shields, Tyne and Wear, NE34 8RG
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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
£440
Based on a loan of £89,996 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