Egerton Road, South Shields, NE34 0RD

Property Overview

Egerton Road, South Shields, NE34 0RD. A four-bedroom leasehold maisonette described as recently upgraded and modernised, with spacious and versatile accommodation, an attractive greenspace outlook and a private rear yard.

Accommodation

• Entrance hall
• Dining kitchen
• Rear hall
• Bathroom
• Living room
• First-floor landing
• Four bedrooms
• Private rear yard

Location

The property is within easy reach of shops and amenities on Stanhope Road and Boldon Lane, South Tyneside Hospital, schools, supermarkets, restaurants, Tyne Dock Metro Station and John Reid Road. It overlooks the neighbouring green.

Tenure & Key Information

• Tenure: Leasehold
• Lease: 999 years from 1 April 1998
• Ground rent: Peppercorn
• EPC: C
• Council Tax: Band A
• Heating: Central heating boiler and radiators
• Services: Seller advises mains gas, electricity, water and sewerage; services have not been tested
• Occupancy status: Not supplied
• Parking: Not supplied

Auction & Buyer Charges

• Guide price: £118,995+
• Auction date: 30 September 2026
• Buyer premium: Not supplied
• Administration charge: £2,000 + VAT (£2,400 total)
• Option 2 terms also state a £2,400 + VAT administration fee (£2,880)
• Option 2 deposit: £3,000, deducted from the purchase price

Investment Analysis

HB estimate: Indicative market value/GDV of £124,995, anchored to the most recent supplied comparable at 77 Egerton Road, sold for £124,995 in September 2022. Evidence is limited and the supplied comparables vary materially from £43,000 to £124,995, so this figure is uncertain.

HB estimate: The £118,995+ guide is approximately £6,000 below the highest and most recent comparable. No refurbishment estimate, rental estimate, gross yield or maximum bid has been provided.

This is an estimate, not a formal valuation. Treat the property as a potential owner-occupier purchase rather than an evidenced investment.

Sold Comparables

The following HM Land Registry sold data was supplied:

Property	Sold Price	Sold Date	Type	Tenure
77 Egerton Road, South Shields, NE34 0RD	£124,995	16 September 2022	Flat/Maisonette	Leasehold
85 Egerton Road, South Shields, NE34 0RD	£73,000	1 April 2021	Flat/Maisonette	Leasehold
78 Egerton Road, South Shields, NE34 0RD	£43,000	12 October 2018	Flat/Maisonette	Leasehold
85 Egerton Road, South Shields, NE34 0RD	£60,000	11 April 2018	Flat/Maisonette	Leasehold
85 Egerton Road, South Shields, NE34 0RD	£65,000	12 April 2013	Flat/Maisonette	Leasehold

Rental Evidence

No advertised rental evidence or auctioneer estimated rent has been supplied. Asking or estimated rent is not achieved or passing rent. Rental income and yield therefore cannot be calculated from the supplied information.

Strategy & Risks

HB estimate: Bid cautiously because rental income, condition, occupancy, buyer premium and the applicable administration fee are not confirmed. Do not exceed a separately verified valuation after reviewing the legal pack and confirming all auction costs.

• Sold-comparable evidence is sparse and varies widely.
• Property condition and refurbishment requirements are unknown.
• Occupancy status is not supplied.
• Administration fee evidence is inconsistent: £2,400 including VAT versus £2,400 plus VAT.
• Buyer premium is not supplied.
• Services have not been tested.