Summary - Vespasian Street, South Shields NE33 2EH
3 bed 1 bath End of Terrace
Three-bedroom period house near the seafront, ideal for over-60s seeking lower upfront cost.
Three bedrooms and bay-front lounge with period character
Short walk to seafront, parks, shops and town centre
Private rear yard, small garden and off-street parking space
Eligible for Homewise Lifetime Lease for buyers aged 60+
Example Lifetime Lease price £134,000 (market value £200,000)
Kitchen dated and in need of modernization
Solid brick walls likely without modern insulation; EPC D
Located in a very deprived area — resale considerations
This attractive three-bedroom end-of-terrace on Vespasian Street sits in Lawe Top, a short stroll from South Shields seafront, parks and town centre amenities. Period features such as a sunny bay-front lounge and solid wood staircase give the home character, while a private rear yard, small town garden and off-street parking add practical everyday benefits.
The property is being offered as an example eligible for Homewise’s Home for Life Lifetime Lease for purchasers aged 60+. The example Lifetime Lease guide price shown is £134,000 (market value £200,000), with typical savings of 20–50% depending on age and circumstances. The plan also allows customers to buy up to a 50% safeguarded share of the property value.
Internally the accommodation is well proportioned: lounge, separate dining room, long kitchen/breakfast room, ground-floor bathroom and three first-floor bedrooms. The kitchen is dated and will need modernisation to meet contemporary tastes. The home has double glazing, gas central heating and solid brick walls (likely lacking modern insulation), and currently holds an EPC rating of D.
Practical factors to note: the plot is small and the area scores as higher deprivation, which may affect long-term resale. Conversely, transport links, shops, parks and medical/amenity provision are close by, and local broadband and mobile coverage are good. For an over-60 buyer seeking a character property near the coast with lower up-front cost via a Lifetime Lease, this offers clear appeal; budget for some updating and possible insulation improvements.
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