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Soane Gardens, South Shields

North East

£85,000

Listed on 20/05/2026

Property Details

Bedrooms
3
Type
House

Description

This property offers a well-preserved canvas for discerning buyers eager to inject their personal touch. Although it requires modernization, the current owners have maintained its structural integrity, providing a solid base for future enhancements. The layout features a dual-aspect lounge with a cozy gas fire that opens into a kitchen, which includes fitted units and space for your appliances, leading to a utility area that enhances practicality. The first floor accommodates a double bedroom with built-in storage, alongside a single bedroom also benefiting from additional cupboard space. The bathroom features essential amenities with a two-piece suite and shower over bath, along with a separate WC for convenience. Outside, there's an inviting front garden bordered by fence and an enclosed south-facing rear garden predominantly laid to lawn—ideal for outdoor leisure or potential landscaping projects. This property is particularly appealing to first-time buyers or rental investors seeking strong returns in this location, presenting an estimated yield of around 9%. With its prime opportunity for value addition through renovation, this home stands ready for transformation into a more modern living space.

Investment Analysis

(NE34 area)
Area Average
£199/sq ft
Avg Rent (weekly)
£167
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NE34)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +8.1%
5 year growth: +13.1%
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

Soane Gardens, South Shields
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£303
Based on a loan of £63,750 over 30 years at 3.97% 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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