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Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ - Image 1
Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ - Image 2
Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ - Image 3
Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ - Image 4
Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ - Image 5
Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ - Image 6
Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ - Image 7
Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ - Image 8
Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ - Image 9
Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ - Image 10
Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ - Image 11

Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ

North East

£110,000
Listed on 31/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This substantial mixed-use property block presents a significant opportunity for investors and developers in North Shields. Comprising three distinct units, the lot includes a ground-floor commercial space, a spacious three-bedroom upper flat, and a one-bedroom ground-floor flat, each with its own private entrance and access to a shared enclosed rear yard. The commercial unit is versatile, making it suitable for various uses and offering strong rental potential upon refurbishment. The larger flat offers generous living space, ideal for rental investment once updated. The smaller one-bedroom property also has promising occupancy appeal. Each unit requires comprehensive upgrading throughout, making this an excellent opportunity for those looking to enhance property value through renovation and capitalize on the long-term investment potential.

Investment Analysis

(NE29 area)
Area Average
£204/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NE29)

Area prices are rising by +5.6% over the last 12 months
3 year growth: 9.7%
5 year growth: 40.5%
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.

Location

Heaton Terrace, North Shields, Tyne and Wear, NE29 7HJ
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£403
Based on a loan of £82,500 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