Hyperion Avenue, South Shields, NE34 9AE

Property Overview

Source facts: Hyperion Avenue, South Shields, NE34 9AE. Two-bedroom semi-detached house offered with vacant possession and requiring improvement. The property is sold as seen, with front and rear gardens and a driveway providing off-road parking. The sale and timescale are subject to the Grant of Probate.

Accommodation

• Entrance hallway
• Lounge to front
• Dining room to rear leading to kitchen
• First-floor landing
• Two bedrooms
• Bathroom
• Separate WC

Location

Source facts: Ideally positioned for access to Simonside Metro Station, the A19 and local schools, shops and amenities.

Tenure & Key Information

• Tenure: Freehold
• Occupancy: Vacant possession
• EPC: F
• Council Tax: Band B
• Heating: No central heating
• Services: Seller advises mains electricity, water and sewerage; none of the services have been tested

Auction & Buyer Charges

• Guide price: £30,000+
• Auction date: 30 September 2026
• Option 2 terms state a £2,400 + VAT administration fee.
• Disclaimer 2 states a £2,000 + VAT auction administration fee (£2,400 total).
• Under Option 2, the buyer places a £3,000 deposit, which comes off the purchase price.
• The supplied terms contain inconsistent administration-fee descriptions. Buyers should rely on the legal and auction documentation.

Investment Analysis

HB estimate only, not a formal valuation: the five same-road, same-type freehold sales range from £125,000 to £190,000, averaging £154,200, with a median of £159,000. Indicative HB GDV is £154,200, based on the comparable average. The evidence does not provide the comparables’ bedroom counts, condition or specification, so a precise subject valuation is not possible.

The £30,000+ guide price is substantially below the completed sales evidence, but condition, legal matters and auction competition are unknown. No HB refurbishment, rent, gross yield or maximum-bid estimate is supplied.

Sold Comparables

HM Land Registry sold data supplied:

Rental Evidence

Advertised rental evidence supplied: none. Auctioneer estimated rent: none supplied. No rental yield can therefore be calculated, and any asking or estimated rent should not be treated as achieved or passing rent.

Strategy & Risks

HB strategy estimate: investigate the legal pack, title, condition and reason for the substantial guide-price discount before bidding. Do not rely on a rental or refurbishment strategy without verified evidence. Set a maximum bid only after obtaining refurbishment, finance, resale and letting assessments, allowing for the potential £2,400 administration fee.

• No rental comparables or auctioneer rent estimate supplied.
• No refurbishment budget or condition information supplied.
• Comparable properties’ bedroom counts, condition and specifications are not provided.
• The administration-fee wording is inconsistent, with a potential £2,400 total stated.
• The guide price is not a valuation and auction competition may materially increase the purchase price.
• Legal pack, title, defects and other purchase costs have not been supplied.