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Salisbury Street South Shields NE33 2SZ - Image 1
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Salisbury Street South Shields NE33 2SZ

North East

£60,000

Listed on 20/05/2026

Property Details

Bedrooms
2
Type
Flat

Description

This first and second floor maisonette flat presents a compelling opportunity for renovation enthusiasts or investors looking to enhance its value. The property is being offered at an appealing price point, reflecting the need for various internal upgrades and some external repairs, particularly to the rainwater goods and flashings. This provides a blank canvas for the new owner to infuse their personal style into the living space. With its proximity to local amenities, including access to the sea front, it serves as a potential investment or a cozy home once revitalized. The structure accommodates two bedrooms, a bathroom, and multiple living areas including a kitchen that opens into the rear living room, maximizing space utilization. Given its current condition, this property stands out as an attractive project for those ready to dive into refurbishment.

Investment Analysis

(NE33 area)
Area Average
£143/sq ft
Avg Rent (weekly)
£162
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NE33)

Area prices are falling by -5.3% over the last 12 months
3 year growth: +11.0%
5 year growth: +8.7%
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

Salisbury Street South Shields NE33 2SZ
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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
£214
Based on a loan of £45,000 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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