Summary - 11, STEPHENSON HOUSE, STEPHENSON STREET NE30 1QA
2 bed 1 bath Apartment
Perfect low-cost purchase for investors near the Fish Quay and transport links.
- Two bedrooms with open-plan lounge kitchen and one bathroom
- River views and central North Shields location
- Leasehold property sold at online auction; fees apply
- Electric storage heating; likely higher running costs
- Council Tax Band A — very cheap
- Area has very high crime and very high deprivation
- Good local schools nearby; strong transport links
- Nearby derelict brownfield site and development potential
A two-bedroom leasehold property offered at auction, positioned centrally in North Shields with river views and strong transport links. The flat has an open-plan lounge/kitchen, one bathroom, communal entrance with intercom and bright natural light in the living room. Electric storage heating and mainly electric-only services keep installation simple but likely mean higher running costs; council tax band A is very cheap.
The location provides access to North Shields Fish Quay, Tynemouth, local schools rated Good, and plentiful amenities. The wider area is classified as ageing communities and families, while the immediate locality is hard-pressed with high crime and very high deprivation—factors that will affect rental demand and resale.
This property suits investors or cash buyers seeking a low-entry purchase or rental investment who can accept leasehold ownership and auction fees. Be aware: the sale is online with fees, the block uses electric storage heating, and the neighbourhood includes derelict sites and redevelopment opportunities nearby. Viewing recommended to assess condition and rental potential before bidding.
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