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Burt Avenue, North Shields

North East

£144,950
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
806 sqft

Description

This end terrace home in North Shields presents a promising opportunity for those looking to invest in renovation. Featuring three generously sized bedrooms, the property is perfect for families or individuals desiring additional living space. The ground floor accommodates a reception room, kitchen, and family bathroom, all of which are in need of updates. This presents an excellent chance for buyers to craft a living environment tailored to their personal style and needs. While the property requires refurbishment, it serves as a blank slate ready for transformation into a contemporary and stylish residence. The substantial outdoor areas, including a front drive and rear gardens, offer great potential for landscaping or creating leisure spaces for children or gardening enthusiasts. Situated conveniently in North Shields, residents will enjoy access to various local amenities such as shops, schools, and parks, with excellent transport connections to nearby towns and cities enhancing its appeal.

Investment Analysis

(NE29 area)

Below Market Value

This property is priced -12.8% below area average per sq ft

-12.8%
Potential saving
This Property
£180/sq ft
Area Average
£206/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£182,950
10% above area average per sq ft
Potential ROI
-1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NE29)

Area prices are rising by +7.3% over the last 12 months
3 year growth: +10.8%
5 year growth: +36.2%
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

Burt Avenue, North Shields
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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
£513
Based on a loan of £108,712 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.

Stamp Duty Calculator

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