Summary - 340 STANHOPE ROAD SOUTH SHIELDS NE33 4QZ
3 bed 1 bath Flat
Investor-ready coastal location close to Metro and amenities.
Vacant three-bedroom first-floor flat, 828 sq ft
A three-bedroom first-floor flat in a Victorian mid-terrace, offered vacant and sold at auction. The property has period features such as a bay-fronted bedroom and decorative fireplace, plus double glazing and gas central heating via a combi boiler. Its 828 sq ft layout includes a lounge, kitchen, bathroom and shared rear yard access.
This lot is aimed at investors or buyers seeking a renovation/refurbishment project. The flat is ready to re-let quickly and sits close to Tyne Dock Metro Station and local amenities, with the South Shields coastline about two miles away. EPC rating C is practical for lettings but internal photos are pending.
Material considerations: the area is classed as very deprived with high local crime and a wider classification of hampered aspiration. The building’s solid brick walls are assumed to lack insulation and the tenure is listed as unknown — buyers must confirm legal pack details. An administration fee of £3,600 (inc VAT) is payable on exchange and the property will be sold through auction, so allow for auction timescales and conditions.
This is a straightforward buy-to-let or flip opportunity for an investor who understands local market risks and can carry minor modernisation and insulation works. Check the legal pack for tenure, any disbursements, and planned completion details before bidding.
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