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Stormont Street, North Shields - Image 1
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Stormont Street, North Shields

North East

£80,000
Listed on 10/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
786 sqft

Description

Nestled in the inviting neighborhood of North Shields, this two-bedroom end-terraced house offers a solid foundation for first-time buyers or investors seeking a property with significant renovation potential. The layout includes a cozy reception room that serves as an ideal space for both relaxation and entertaining. Each of the bedrooms is generously sized, allowing for comfortable living arrangements. While the property does require some updating, this presents an exciting opportunity for new owners to infuse their personal touch and make it truly their own. The ability to enhance the property's interior offers great potential for increasing its overall value. Situated centrally, this home benefits from easy access to a range of local amenities, excellent transport links, and the lively community atmosphere that North Shields is known for. Additionally, the absence of an upper chain simplifies the purchasing process, making it even more appealing for prospective buyers looking to invest in a promising real estate opportunity. This property could serve as a rewarding project with potential for long-term appreciation.

Investment Analysis

(NE29 area)

Below Market Value

This property is priced -49.7% below area average per sq ft

-49.7%
Potential saving
This Property
£102/sq ft
Area Average
£203/sq ft
Avg Rent (weekly)
£178
Avg Yield
5.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£8,000 - £12,000
Target Value
£175,082
10% above area average per sq ft
Potential ROI
+90.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NE29)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 11.7%
5 year growth: 39.9%
Investment Disclaimer: Analysis based on NE29 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.

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Location

Stormont Street, North Shields
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