Small riverside plot offering redevelopment potential for experienced investors.
Derelict Victorian end-of-terrace requiring significant repair or demolition
Planning permission for residential conversion has lapsed; check with council
Sold at online auction — fees apply; sold as seen
Small plot size in a highly residential, riverside location
Tenure currently unknown — confirm legal title before bidding
Area flagged as very deprived; local demand may be mixed
Fast broadband and excellent mobile signal; good nearby schools
Suitable for experienced investors/developers with planning knowledge
An unusual development opportunity on a small riverside plot in South Shields, offered for sale at online auction. The site includes a derelict Victorian end-of-terrace presented 'sold as seen' and will suit an experienced investor or developer prepared to manage consent and refurbishment or demolition.
Planning permission for residential conversion has lapsed; prospective buyers should contact South Tyneside Council for up-to-date planning advice before bidding. The plot is in a highly residential neighbourhood with fast broadband, excellent mobile signal and nearby schools rated Good, but the local area shows high deprivation indicators that will affect demand dynamics.
Practical considerations: tenure is unknown, the property will be sold at auction (fees apply) and the building is boarded and requires substantial work or clearance. For a buyer with planning knowledge and renovation experience this small plot offers potential to add a new residential unit or a refurbishment project in a riverside setting.
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