Summary - Anson Close, South Shields, Tyne and Wear, NE33 5DQ NE33 5DQ
1 bed 1 bath Flat
Low-price buy-to-let with renovation upside near shops and coast.
- One-bedroom upper-floor flat with spacious living room
- Large front garden uncommon for flats
- Built-in bedroom wardrobes for ready storage
- Kitchen dated (1970s–1980s) and needs full renovation
- Leasehold with ~56 years remaining; mortgage risk
- Sold by modern auction; reservation fee and pack apply
- Area: walking distance to shops, schools, coastline
- Local area: very deprived with above-average crime
A one-bedroom upper-floor flat offered via the modern method of auction, aimed at investors or landlords seeking a low-entry purchase in South Shields. The property has a spacious living room, built-in bedroom wardrobes and a practical bathroom; its large front garden adds outdoor space rarely found with flats in the area.
The kitchen is dated (1970s–1980s) and requires renovation, making this a clear refurbishment opportunity to add value. The location is convenient: walking distance to shops, schools, transport links and the coastline, with nearby leisure amenities including parks and entertainment venues that support rental demand.
Important considerations: the lease has about 56 years remaining, which may limit mortgage options and deter some buyers. The sale uses the modern auction process and will incur a non-refundable reservation fee and a Buyer Information Pack charge — factor these costs into purchase calculations.
The wider area is classed as very deprived with above-average crime statistics, so this investment suits buyers who understand the local market and can manage refurbishment and tenant sourcing. Fast broadband and excellent mobile signal support lettings aimed at commuters or holiday-style stays near the seafront.
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