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Broughton Road, South Shields, NE33

North East

£85,000
Listed on 07/04/2026

Property Details

Bedrooms
2
Type
Flat
Area
624 sqft

Description

This two-bedroom flat, located in the vibrant town centre, presents an exciting renovation opportunity for those keen to invest in a property with significant potential. Inside, you'll discover a spacious layout featuring two sizable double bedrooms, perfect for transforming into tranquil retreats or versatile spaces such as a home office. The living area is flooded with natural light and serves as a blank canvas awaiting your creative vision. The kitchen comes equipped with essential units but is ready for a complete makeover, allowing you to design a modern culinary space that meets your needs. The bathroom is comfortably sized and offers room for updates to reflect your personal style. Ample storage is available with built-in cupboards, along with space for additional shelving or wardrobes in each bedroom. A notable highlight of this flat is the private back yard, an ideal setting for outdoor relaxation or entertaining during warmer weather, providing an urban escape amidst the bustling town centre. The prime location ensures that shops, cafés, and restaurants are within easy walking distance, enhancing the convenience of your daily life. Plus, the seafront is just a pleasant stroll away, perfect for leisurely beach walks or weekend outings. This property appeals particularly to first-time buyers or investors seeking to make their mark in a lively area. With accessible transport links nearby and all essential amenities right on your doorstep, this flat holds immense promise as both a stylish home and solid investment.

Investment Analysis

(NE33 area)

Below Market Value

This property is priced -4.0% below area average per sq ft

-4.0%
Potential saving
This Property
£136/sq ft
Area Average
£142/sq ft
Avg Rent (weekly)
£149
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£97,434
10% above area average per sq ft
Potential ROI
-11.4%
After renovation
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
16%
Properties sold annually

Local Market Trend (NE33)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +11.9%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on NE33 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

Broughton Road, South Shields, NE33
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£301
Based on a loan of £63,750 over 30 years at 3.91% 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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