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Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 1
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 2
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 3
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 4
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 5
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 6
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 7
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 8
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 9
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 10
Gerald Street, South Shields, Tyne and Wear, NE34 8RG - Image 11

Gerald Street, South Shields, Tyne and Wear, NE34 8RG

North East

£119,995
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
485 sqft

Description

This three-bedroom terraced house, situated in the sought-after Whiteleas district of South Shields, presents a promising opportunity for those looking to invest or update their new home. While the property requires modernisation, its spacious layout and ample room offer a blank canvas for renovations that could unlock its full potential. The generous living room serves as a welcoming family space with neutral decor, leading conveniently to the family bathroom, equipped with essential amenities. The kitchen features white fitted units alongside ample space for appliances and a dining area, ideal for family gatherings. Additionally, a rear extension provides extra utility space, perfect for housing laundry facilities and larger kitchen appliances. Upstairs reveals three adaptable bedrooms; two of which currently accommodate single beds while the principal bedroom can easily fit a king-size bed along with integrated storage options. An accessible loft area adds further potential for a creative workspace or children’s play area following some refurbishment efforts. Externally, the rear yard is practical for storage needs and presents possibilities for landscaping or outdoor entertaining. The front garden benefits from driveway access for convenient off-road parking. Nestled conveniently close to local amenities such as shops and takeaways, along with excellent transport links via bus routes and major roads like the A19 and Tyne Tunnel, this property offers both convenience and scope for enhancement. With local schools nearby including Biddick Hall Infant and Junior Schools, this home is perfectly positioned to become an inviting family residence with personal touches applied through renovation.

Investment Analysis

(NE34 area)

Above Market Value

This property is priced +24.0% above area average per sq ft

+24.0%
This Property
£247/sq ft
Area Average
£200/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£106,433
10% above area average per sq ft
Potential ROI
-29.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
66%
Properties sold annually

Local Market Trend (NE34)

Area prices are rising by +10.7% over the last 12 months
3 year growth: +13.3%
5 year growth: +18.2%
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.

Location

Gerald Street, South Shields, Tyne and Wear, NE34 8RG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£433
Based on a loan of £89,996 over 30 years at 4.06% 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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