Mortimer Road, South Shields, NE33 4TU

Property Overview

Source property facts: Mortimer Road, South Shields, NE33 4TU. A vacant, freehold, two-bedroom mid-terrace house offered with vacant possession. The property has benefited from some improvements in recent years, although further updating is required.

Accommodation

• Entrance lobby and hallway
• Lounge, dining room and kitchen
• Utility room and guest W.C.
• First-floor landing with two double bedrooms, both with walk-in wardrobes and sensor lighting
• Modern bathroom with Jacuzzi bath, Jack and Jill wash basins and separate shower cubicle
• Second-floor landing and unfinished loft space
• Rear yard accessed via an electric roller shutter, capable of providing off-road parking

Location

Situated on Mortimer Road, with access to local schools and amenities, Chichester Metro Station and South Shields Town Centre.

Tenure & Key Information

• Tenure: Freehold
• Occupancy: Vacant
• Council Tax: Band B
• EPC: To be advised
• Services: Seller advises mains gas, electricity, water and sewerage
• Flooding: Seller advises very low risk of surface water flooding
• Heating: Not supplied
• Lease information: Not supplied

Auction & Buyer Charges

• Guide price: £120,000+
• Auction date: 30 September 2026
• Auction time: Not supplied
• Buyer premium: Not supplied
• Auction administration fee: £2,000 plus VAT, totalling £2,400
• If the buyer chooses a solicitor from the auctioneer’s North East panel, a referral fee of between £200 plus VAT (£240) and £400 plus VAT (£480) is received by the auctioneer

Investment Analysis

HB estimate: estimated GDV of £164,000, subject to the property’s condition and exact position. This estimate is based on the supplied same-road freehold terraced sales evidence.

At a £120,000 hammer bid, the stated £2,400 administration fee produces a known total of £122,400 before any other unprovided acquisition or refurbishment costs.

HB gross yield estimate: 7.50%–8.25%, calculated using the available rental proxy evidence against a £120,000 hammer bid. These figures exclude fees and costs and are not formal valuations.

No HB refurbishment allowance has been estimated because no condition evidence has been provided.

Sold Comparables

HM Land Registry sold data supplied:

Address	Sale price	Sold date	Type	Tenure
6 Mortimer Road, South Shields, NE33 4TU	£150,000	30 March 2026	Terraced	Freehold
20 Mortimer Road, South Shields, NE33 4TU	£170,000	15 November 2024	Terraced	Freehold
24 Mortimer Road, South Shields, NE33 4TU	£185,000	19 September 2024	Terraced	Freehold
16 Mortimer Road, South Shields, NE33 4TU	£150,000	9 September 2022	Terraced	Freehold
24 Mortimer Road, South Shields, NE33 4TU	£178,000	10 September 2020	Terraced	Freehold

The four most recent supplied same-road freehold terraced sales range from £150,000 to £185,000, with an HB-estimated average of £163,750.

Rental Evidence

Available rental evidence consists of advertised asking rents, not achieved or passing rents. It relates to two-bedroom flats and is therefore only a cautious proxy for this mid-terrace house.

• £825 pcm — advertised asking rent for a two-bedroom flat, OnTheMarket
• £750 pcm — advertised asking rent for a two-bedroom flat, HousesForSaleToRent

HB estimated rental range: £750–£825 pcm. No auctioneer estimated rent was supplied.

Strategy & Risks

HB strategy estimate: cap the hammer bid at £120,000 unless the legal pack and inspection provide stronger evidence. Reassess only after confirming condition, title and any additional auction costs.

• Rental evidence relates to flats rather than houses and comprises advertised asking rents, not achieved rents.
• The property’s condition is unknown, so refurbishment and unforeseen works cannot be costed.
• The estimated GDV is based on same-road completed sales ranging from £150,000 to £185,000.
• No buyer premium, legal costs, finance costs, taxes or other acquisition expenses have been supplied.
• The £2,400 administration fee, including VAT, is payable in addition to the hammer bid.