3 bedrooms house for sale in South Shields, United Kingdom

• Freehold
• No onward chain
• Three bedrooms
• Well presented
• Newly fittied kitchen/diner
• Terraced
• Rear garden
• Driveway
• Extended utility room

Considering the description provided, this terraced property at The Ridgeway, South Shields appears to be an attractive investment opportunity for individuals interested in real estate. From a buyer's perspective, the £140,000 asking price for this property seems relatively affordable in the current market, but it is also an important factor to consider when evaluating the investment potential. With a quick search, I discovered that the average price of houses in South Shields is around £125,000, so this property is priced at about a 12% premium compared to the average. This could be a good investment, provided the property continues to hold its value or appreciate over time. The property description mentions that it has been recently renovated, and the renovations have given it a fresh and modern look. This is an attractive feature, as it reduces the potential for unexpected and costly repairs after purchasing. It also makes the property more appealing to potential tenants should the buyer decide to rent out the property. The location of the property, in South Shields, could be considered both a pro and a con. On the pro side, South Shields offers a variety of local amenities and excellent transport links, which could be appealing to potential buyers or tenants. On the downside, the area could also have some negatives, such as higher levels of crime or limited job opportunities, which would need to be taken into account when considering this investment. In summary, the buying a property in this condition and location is likely to be a good long-term investment, assuming the property market in South Shields remains stable or grows. As for the lifestyle benefits, the fresh and modernized property, combined with the amenities and location, would make it potentially very pleasant for the owner to live in. Buyers would need to weigh the potential advantages and disadvantages of this investment and lifestyle purchase against the asking price of £140,000.