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Ridley Grove, South Shields

North East

£255,000
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This true bungalow is situated on a generous plot in a desirable area, presenting an excellent opportunity for customization and enhancement. With the necessary planning permissions, there is significant potential for a rear extension, making it appealing for those looking to tailor their living space to their preferences. Located near Harton Village, the property offers easy access to local shops, cafes, and essential amenities. It falls within the catchment area of Harton Academy, adding further value for families. Public transport options are conveniently available with bus links nearby on Marsden Road. The single-level layout features an entrance lobby leading to a hallway, encompassing a well-lit lounge at the front and two bedrooms. The rear of the bungalow includes a dining room, bathroom suite, and kitchen with space for appliances and direct access to the garden. The exterior showcases a well-maintained garden with artificial lawn and patio areas that have room for improvement or redesign as per personal taste. Additional outdoor assets include a shed and outside tap. A driveway provides off-street parking for multiple vehicles while leading to a garage that offers further storage or parking options. With vacant possession available upon sale, this bungalow presents an exciting project for those ready to invest in renovations that will enhance both comfort and value.

Investment Analysis

(NE34 area)
Area Average
£200/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Ridley Grove, South Shields
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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
£920
Based on a loan of £191,250 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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