Summary - 123 IMEARY STREET SOUTH SHIELDS NE33 4EW
2 bed 1 bath Flat
Ideal for hands-on buyers seeking low-entry coastal opportunity.
Chain-free upper-floor flat, offered at auction with guide price £45,000
An upper-floor two-bedroom freehold flat on Imeary Street offered at auction with a low guide price of £45,000. The property is chain-free and sits close to South Shields town centre, coastline and local transport links — a practical location for short-term lettings or a first-time buyer prepared to refurbish.
The flat comprises two front-facing bedrooms, a bright lounge, compact kitchen and a rear bathroom, plus a private yard. The building dates from before 1900 with solid brick walls and older double glazing; heating is mains gas with a boiler and radiators. The accommodation is liveable but shows clear scope for cosmetic and energy-efficiency improvements.
Material negatives are factual: the area records high crime and very high deprivation, the property will be sold at auction with associated fees and conditional reserve pricing, and the building likely lacks wall insulation. Buyers should budget for refurbishment (kitchen, bathroom, possible redecoration) and confirm tenure and services with their solicitor before purchase.
For investors this is a low-entry purchase in a popular coastal town with decent broadband and mobile coverage. For owner-occupiers it offers a chance to create a comfortable home close to amenities, but requires hands-on improvement and an understanding of local area challenges.
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