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Cloister Avenue, South Shields, Tyne and Wear, NE34

North East

£140,000

Listed on 05/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house in Simonside presents a valuable opportunity for those looking to invest in a property with significant renovation potential. While the home requires modernisation, it provides a spacious layout and ample room to implement your own design preferences. The entrance hall opens into a generous lounge and dining area that can be transformed into a welcoming space for family gatherings. The kitchen offers functionality but is ripe for an update, while the sunroom at the rear adds charm and potential as an additional living space that overlooks the enclosed garden. Upstairs, the house features three sizable double bedrooms, perfect for families or as guest rooms, alongside a family bathroom and separate WC that could benefit from refurbishment. Externally, this property boasts off-street parking and a lawned front garden, while the back garden features a patio area ideal for outdoor entertaining or relaxing. With its freehold status, this home invites buyers to unleash their creativity and enhance its appeal in a sought-after location.

Investment Analysis

(NE34 area)
Area Average
£196/sq ft
Avg Rent (weekly)
£157
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NE34)

Area prices are rising by +6.5% over the last 12 months
3 year growth: +9.8%
5 year growth: +16.4%
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

Cloister Avenue, South Shields, Tyne and Wear, NE34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£529
Based on a loan of £105,000 over 30 years at 4.45% 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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