.png)
264 Dean Road, South Shields
Vacant 2-Bed End-Terrace House
264 Dean Road, South Shields
For Sale
£45,000+
• 2 Bedrooms
• End of terrace house
• Freehold
• Vacant
• E
Description
A two bedroom end of terrace house. Externally the property benefits from a yard. In need of modernisation. Vacant.
Accommodation
Ground Floor - Reception Room, Kitchen. First Floor - Two Bedrooms, Bathroom/WC.
Location
Located on Dean Road, close to the turning for West Park Road. Local amenities are available nearby on Dean Road with South Shields town centre approximately 1.1 miles. Recreational amenities of West Park, Readhead Park and Mowbray Park are all easily accessible. Transport: Chichester - Yellow Metro Line. South Shields is a town in Tyne & Wear.
Tenure / Property Information
Tenure |
Freehold |
Occupancy |
Vacant |
EPC |
E |
Investment Analysis
The evidence includes two nearby sold comparables on Dean Road: £105,000 for 250 Dean Road in August 2017 and £96,000 for 262 Dean Road in October 2006. These are historic transactions and do not establish a current 2026 market value, particularly for a vacant property requiring modernisation. The £45,000 guide is materially below the historic evidence, but current GDV, refurbishment scope and buyer costs cannot be reliably quantified from the supplied data.
Investment Snapshot
Guide Price |
£45,000 |
Strategy Recommendation
Proceed only after obtaining a full survey, detailed refurbishment quotations, current sold evidence and confirmed auction charges. Do not rely on the historic comparables alone when setting a bid.
Works Required
Modernisation is required, but the supplied evidence does not identify specific defects or provide a sufficiently detailed schedule. A survey and contractor quotations are required before budgeting.
Rental & Market Context
|
No sufficiently specific external rental comparable identified. |
|
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
250, Dean Road, South Shields, South Tyneside, Ne33 5pn |
£105,000 |
|
250, Dean Road, South Shields, South Tyneside, Ne33 5pn |
£95,000 |
|
262, Dean Road, South Shields, South Shields, South Tyneside, Ne33 5pn |
£96,000 |
|
250, Dean Road, South Shields, South Shields, South Tyneside, Ne33 5pn |
£69,950 |
|
262, Dean Road, South Shields, South Shields, South Tyneside, Ne33 5pn |
£20,000 |
Potential BRRR Position
A BRRR assessment cannot be completed reliably because current GDV, refurbishment cost, rent and buyer charges are unsupported. The historic Dean Road sales provide context only and should not be treated as current refinance evidence.
Buy-to-Let Analysis
No sufficiently specific rental comparable or auctioneer rent estimate is supplied, so rent and gross yield cannot be established. The property is vacant, and its EPC is E. BTL viability requires current local rental evidence, a refurbishment budget and confirmation of all acquisition costs.
Flip Analysis
A flip may have potential based on the £45,000 guide compared with historic Dean Road sales of £96,000 and £105,000, but those sales are dated and no supported refurbishment or resale costs are available. No reliable surplus or maximum bid can therefore be calculated.
Investor Risks & Due Diligence
• Current GDV is not established by the historic 2006 and 2017 comparables.
• The extent and cost of modernisation are unspecified.
• No sufficiently specific rental evidence is available.
• The buyer fee, VAT position and possible seller charges are not quantified.
• The property is vacant and has an EPC rating of E.
Recommendation
Proceed only after obtaining a full survey, detailed refurbishment quotations, current sold evidence and confirmed auction charges. Do not rely on the historic comparables alone when setting a bid.
Strategy Rating
HB Rating |
★★☆☆☆ |
Analysis Confidence
Confidence |
Low-Medium |
The property description, guide, tenure and occupancy are clear, but current valuation evidence, refurbishment scope, rent, buyer fees and seller charges are missing. The available sold comparables are historic.
Auction Details :
Savills
Auction Date :
24/11/26
Lot Number :
62
Property Location:
264 Dean Road, South Shields
View our Property Calculators:
-
BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.
-
Buy to Let Calculator - Calculate rental yield, cash flow and potential return.
-
Property Development Calculator - Assess development costs, GDV and potential profit.
-
Build Cost Calculator - Estimate refurbishment, extension and construction costs.
-
Bridging Finance Calculator - Estimate borrowing costs and potential finance requirements.
Building Suppliers in your area
Tradespersons in your area
Professionals in your area
CEF South
Electrical Suppliers
Tel:
01914561436
More Auction Properties from:
Savills
Image | Property Title | Price | Postcode | Location | Auction Date | Status |
|---|---|---|---|---|---|---|
Of interest to developers, investors and occupiers | £450,000 | WD5 | Hertfordshire | 26/02/2025 | Sold | |
Three bedroom end of terrace house | £250,000 | SS13 | Essex | 26/02/2025 | Sold | |
Prime, High Yielding Retail Investment | £152,000 | WS11 | Cheshire | 26/02/2025 | Sold | |
First floor flat Two Bedroom | £475,000 | W12 | London - Hammersmith Fulham | 26/02/2025 | Sold | |
Retail Investment | £155,000 | BS13 | Bristol | 26/02/2025 | Sold | |
Two bedrooms | £245,000 | B17 | Birmingham | 26/02/2025 | Sold | |
In the same ownership for approximately 38 years | £1,325,000 | CR0 | London - Croydon | 26/02/2025 | Sold | |
A four bedroom semi detached house, presented across three floors | £600,000 | WA15 | Trafford | 26/02/2025 | Sold | |
Two bedroom terrace house | £54,000 | LA14 | Cumbria | 26/02/2025 | Sold | |
A well located one bedroom ground floor flat | £378,000 | SW2 | London - Lambeth | 26/02/2025 | Sold | |
One bedroom ground floor flat | £40,000 | SR6 | Sunderland | 26/02/2025 | Sold | |
First Floor flat | £272,000 | NW10 | London - Brent | 26/02/2025 | Sold |