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Waverdale Way, South Shields

North East

£130,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace property presents a promising opportunity for investors or buyers looking to create their ideal home. Nestled within a sought-after area on Waverdale Way, the property features a south-facing patio garden—perfect for those keen on outdoor living. The layout begins with an entrance hall leading into a spacious lounge, which offers potential for reconfiguration or modernization. At the back, the kitchen layout is functional but could benefit from updates to elevate its appeal. The first floor comprises two good-sized bedrooms complemented by a family bathroom equipped with a modern suite, though updates could enhance comfort and style. Outside, the property boasts a private driveway along with a single garage that includes power supply—ideal for conversion into additional storage or workshop space. The enclosed rear garden is low-maintenance, making it easy to enjoy year-round. This home is conveniently located near Stanhope Road and West Park with accessible local shops, schools, and transport links via Tyne Dock Metro Station—all factors that may contribute positively to future resale value. Whether you're considering renting or seeking your forever home, this property has substantial potential and is available for immediate occupation.

Investment Analysis

(NE33 area)
Area Average
£145/sq ft
Avg Rent (weekly)
£154
Avg Yield
5.3%

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
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NE33)

Area prices are falling by -5.6% over the last 12 months
3 year growth: +10.8%
5 year growth: +7.0%
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

Waverdale Way, South Shields
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£491
Based on a loan of £97,500 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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