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Lorrain Road, South Shields

North East

£120,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

Located within the well-regarded Whiteleas Estate, this three-bedroom end-terrace home offers a spacious plot with substantial potential for renovation. While some refurbishment work has been completed, the property requires further finishing touches, making it an ideal canvas for buyers eager to personalize their living space or invest in a profitable rental opportunity. The layout includes an inviting entrance hall that opens into a bright lounge and a functional kitchen equipped with basic amenities. Upstairs, there are three bedrooms complemented by a neutral bathroom suite and a separate WC. Outside, the property features a sunny rear garden perfect for outdoor activities, alongside a lawned area at the front and off-road parking with a driveway. With vacant possession available, this property represents an excellent starting point for homeowners or savvy investors looking to enhance property value through thoughtful renovations.

Investment Analysis

(NE34 area)
Area Average
£201/sq ft
Avg Rent (weekly)
£171
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NE34)

Area prices are rising by +5.1% over the last 12 months
3 year growth: +9.1%
5 year growth: +15.0%
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

Lorrain Road, South 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
£425
Based on a loan of £90,000 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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