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68 Richmond Road, South Shields, Tyne and Wear NE34 0QL - Image 1
68 Richmond Road, South Shields, Tyne and Wear NE34 0QL - Image 2
68 Richmond Road, South Shields, Tyne and Wear NE34 0QL - Image 3
68 Richmond Road, South Shields, Tyne and Wear NE34 0QL - Image 4
68 Richmond Road, South Shields, Tyne and Wear NE34 0QL - Image 5
68 Richmond Road, South Shields, Tyne and Wear NE34 0QL - Image 6
68 Richmond Road, South Shields, Tyne and Wear NE34 0QL - Image 7
68 Richmond Road, South Shields, Tyne and Wear NE34 0QL - Image 8

68 Richmond Road, South Shields, Tyne and Wear NE34 0QL

North East

£106,000
Listed on 20/11/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This freehold mid-terrace house features four bedrooms and a small rear yard, presenting a valuable opportunity for investors or homebuyers looking to modernize. While the property is currently in need of comprehensive refurbishment, its vacant status allows for immediate work to commence. Located in the accessible area of South Shields, this residence is close to local amenities and transport links, enhancing its appeal. The potential for renovation makes this an exciting investment proposition in a coastal town rich with recreational and cultural assets.

Investment Analysis

(NE34 area)
Area Average
£193/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (NE34)

Area prices are rising by +9.1% over the last 12 months
3 year growth: 13.3%
5 year growth: 17.8%
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.

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Location

68 Richmond Road, South Shields, Tyne and Wear NE34 0QL
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