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Grosvenor Gardens, South Shields

North East

£395,000

Listed on 08/06/2026

Property details

Bedrooms
3
Type
Semi Detached

Description

This distinctive semi-detached home, steeped in period charm, presents a remarkable opportunity for those looking to invest in renovation potential while enjoying spacious living. The property greets you with an inviting vestibule that leads into a grand hallway, adorned with original features such as deep skirting boards and period detailing, which could be further enhanced with modern finishes. The characterful front reception room boasts elegant coving and a cast iron fireplace, offering significant charm and potential for updating finishes to suit modern tastes. The kitchen/breakfast area serves as a functional hub, although there’s scope for modernization to create an open-plan layout that maximizes space and light. Upstairs, the generously sized landing provides access to three double bedrooms, with the principal bedroom equipped with fitted wardrobes. Importantly, the loft space is fully boarded and powered; it presents an exciting opportunity for conversion into a fourth bedroom (subject to planning permission), thus significantly increasing the property's value. The family bathroom exudes style but may benefit from contemporary updates for improved functionality. Externally, the garden is well-established yet could be redesigned to enhance usability and appeal. This property not only offers generous accommodation but also invites creative renovation ideas that could increase both comfort and market value in the future.

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Investment analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Grosvenor Gardens, South Shields
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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
£1,492
Based on a loan of £296,250 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.

Stamp duty calculator

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