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Soane Gardens, South Shields NE34

North East

£85,000

Listed on 24/05/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This well-preserved property, available with no onward chain, represents a valuable opportunity for those looking to invest in a home with considerable potential for enhancement. While the residence requires modernisation, it has been diligently maintained by the current owners, providing a sturdy base for personal updates and improvements throughout. The layout includes a dual-aspect lounge featuring a gas fire, offering direct access to the kitchen that is fitted with cabinets and space for necessary appliances. The kitchen leads onto a rear hallway/utility area for added convenience. There is also a bathroom with a basic two-piece suite and shower over bath, alongside a separate WC. Accommodation comprises a double bedroom equipped with storage solutions, plus an additional single bedroom that also features built-in storage. Externally, the property showcases a front garden enclosed by fencing and an inviting south-facing rear garden primarily laid to lawn. Well-suited for first-time buyers or rental investors alike, this home boasts strong investment potential, particularly appealing for landlords seeking an estimated yield around 9%. Positioned conveniently within the North East region, this versatile property offers significant scope to enhance value through thoughtful renovations.

Investment Analysis

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

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
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

Soane Gardens, South Shields 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
£321
Based on a loan of £63,750 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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