Summary - 104 STANHOPE ROAD SOUTH SHIELDS NE33 4BP
2 bed 1 bath Flat
Chain-free two-bedroom investment near local amenities and transport.
Chain-free upper flat with private rear yard
Gas central heating and double glazing throughout
Approx 701 sqft; two bedrooms and one bathroom
Leasehold with only c.57 years remaining—mortgage risk
Sold via online auction; buyer fees and costs apply
Area shows very high crime and local deprivation levels
Solid brick Victorian build; likely no wall insulation
Suitable for cash buyers or investors; requires updating
A two-bedroom upper flat in a Victorian terrace, offered chain-free and sold via online auction. The apartment has gas central heating, double glazing and a private rear yard, set within a popular local parade of amenities and good transport links. The accommodation is well proportioned for its size and suits a buyer looking for a project or a cash purchase.
Buyers must note material constraints: the lease has approximately 57 years remaining, which will make mortgage lending difficult or impossible for many lenders. The property will be sold at auction with associated fees, so purchasers should factor transaction costs and timescales into their plans. The area shows high crime and economic deprivation statistics, which may affect rental demand and resale values.
Structurally the building is typical of its era with solid brick walls and likely no cavity insulation; the interior will benefit from cosmetic updating and potential energy-efficiency improvements. Council tax is low (Band A), broadband and mobile signal are good, and nearby schools include several rated Good and one Outstanding. This flat is most appropriate for cash buyers, experienced investors prepared to manage short-lease issues, or a buyer able to carry out works and lease extension planning.
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