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York Terrace, North Shields, North Shields, NE29

North East

£120,000
Listed on 15/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1306 sqft

Description

This three-bedroom terraced house presents a substantial opportunity for those looking to invest or renovate in a desirable location. Situated within easy reach of public transport, local shops, reputable schools, and scenic parks, the property is well-suited for families, first-time buyers, or investors seeking to capitalize on its potential. The interior offers two generously sized reception rooms, each featuring charming fireplaces that contribute to the home’s character. The main living area benefits from a large bay window, creating a bright atmosphere ideal for both relaxation and entertaining. The second reception room includes built-in storage and a convenient WC, enhancing the space's practicality. A well-maintained kitchen connects to an additional dining area, making it suitable for family gatherings and meals. At the rear of the house, a private yard provides an outdoor space for leisure activities or gardening. Upstairs, the layout comprises three bedrooms—a pair of spacious doubles alongside a single room—catering to various household needs. The bathroom is designed with both a separate bath and shower facility, along with an additional WC that adds functionality. While some modernization is required throughout, the existing kitchen and bathroom are in good condition, allowing new owners to personalize these spaces further while adding value. The property also retains several historical features that blend classic charm with contemporary renovation possibilities. With its favorable location and abundant potential for renovation or investment returns, this house warrants early viewing to fully appreciate what it has to offer.

Investment Analysis

(NE29 area)

Below Market Value

This property is priced -54.6% below area average per sq ft

-54.6%
Potential saving
This Property
£92/sq ft
Area Average
£203/sq ft
Avg Rent (weekly)
£178
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£290,912
10% above area average per sq ft
Potential ROI
+93.9%
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

York Terrace, North Shields, North Shields, NE29
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