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31-35 Norfolk Street, North Shields

North East

£250,000

Listed on 13/07/2026

Property details

Bedrooms
N/A
Type
Commercial Property

Description

This substantial single-storey building, previously used by the Scouts, presents a unique opportunity for redevelopment or investment in the heart of North Shields. With a floor area of approximately 360 sq m (3,875 sq ft), the property boasts a large open-plan hall along with various meeting rooms and office spaces. Its central location offers excellent visibility and accessibility, making it adaptable for numerous purposes subject to planning approval. Given its good condition and versatile layout, this property is well-positioned for potential transformation into community facilities, educational centres, or commercial spaces. The recent regeneration in North Shields further enhances the appeal of this investment opportunity. Offered with vacant possession, this site invites both developers and owner-occupiers to explore its full potential.

Investment analysis

(NE30 area)
Area Average
£281/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NE30)

Area prices are falling by -7.2% over the last 12 months
3 year growth: +3.8%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on NE30 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

31-35 Norfolk Street, North 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
£944
Based on a loan of £187,500 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

This calculation uses non-residential (land/commercial) tax rates.

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