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Finchale Terrace, Jarrow

North East

£112,000
Listed on 07/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

Nestled on a sizable corner plot, this two-bedroom semi-detached property offers a multitude of opportunities for both renovation and development. Located in Lower Simonside, the home is well-positioned for easy access to the A19 and is conveniently close to local shops and amenities, with South Shields just a short distance away. The layout features a welcoming entrance hall that leads into a spacious lounge. The kitchen, located at the rear, connects to a practical utility room, enhancing functionality. On the first floor, you'll find two generously sized double bedrooms accompanied by a family bathroom. The existing configuration provides a comfortable living space while allowing ample scope for personalisation or potential extensions (subject to necessary planning permissions). Outside, there are gardens at both the front, side, and rear which create generous outdoor areas. The property also benefits from off-road parking available alongside the house. Being offered with vacant possession, this residence is an appealing prospect for first-time buyers seeking a project or investors looking for improvement potential in an accessible location. Early viewing is highly recommended to fully appreciate what this property can offer.

Investment Analysis

(NE32 area)
Area Average
£163/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (NE32)

Area prices are rising by +10.3% over the last 12 months
3 year growth: 10.7%
5 year growth: 30.4%
Investment Disclaimer: Analysis based on NE32 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

Finchale Terrace, Jarrow
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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
£410
Based on a loan of £84,000 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