South Shields is a large coastal town that lies approximately 12 miles east of Newcastle-Upon-Tyne. It is situated in the North East at the beginning of the River Tyne. With 6 miles of coastline, it’s one of the most popular seaside resorts in Tyne and Wear.
South Shields has one of the largest employers in the North East, Port of Tyne.
The average property price in South Shields is £144k. The average price increased by £10.9k (8%) over the last twelve months. The price of an established property is £144k. The price of a newly built property is £145k
South Sheilds is a great area for lettings and the market seems to be really busy at the moment, properties are letting within a couple of days of marketing, we are just starting to increase the number of managed properties in South Sheilds, after the acquisition of South Sheilds Lettings Agent Westoe Lettings we have spent a lot of time studying the areas of investment and finding out what the properties are like.
To find out more about our Landlords and lettings services please visit our landlords page.Landlords info
South Shields is a good location for investment, strong yields as the house prices are relatively cost effective, however like other areas in the North East for investment you must be careful there are certain areas which work and others that don't. That is why we recommend you speak to our investments manager Graham who will be able to point you in the right direction.Investment info