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Auction
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£32,000
Guide Price

2 bed flat for sale May Street, SOUTH SHIELDS

2 beds 1 bath Maisonette
For sale by auction Leasehold

Added on 16/09/2026

About this property

AUCTION SALE 15 October 2026 - Strong rental investment opportunity. Potential to enhance value or rent out. ***FOR SALE BY AUCTION***VARIOUS BIDDING OPTIONS AVAILABLE: ONLINE, TELEPHONE, PROXY OR IN PERSON AT THE GRAND CONNAUGHT ROOMS, GREAT QUEEN STREET, 61-65, COVENT GARDEN, LONDON, WC2B 5DA *** 15TH OCTOBER 2026***9.

Key features

  • AUCTION SALE
  • 15 October 2026
  • ***FOR SALE VIA AUCTION***
  • Epc rating - d
  • Contact auctioneers to arrange a viewing

Location

May Street, SOUTH SHIELDS, NE33 3AJ

Council tax
Band A (Approx £1,623/year)

Mortgage and stamp duty

Property price £32,000
£16k £48k
Deposit9% £3,000
£0 £32k

Lenders usually want at least 10%

Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £29,000 mortgage. Most lenders would want a household income of about £7,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in NE33 3AJ. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
10, May Street TerracedFeb 2025517 sq ft £122/sq ft£63,000
21, May Street Flat / maisonetteJan 2025614 sq ft £130/sq ft£80,000
9, May Street Flat / maisonetteDec 20241,055 sq ft £68/sq ft£72,000
21, May Street Flat / maisonetteSept 2024614 sq ft £65/sq ft£40,000
17, May Street Flat / maisonetteApr 20241,173 sq ft £68/sq ft£80,000
14, May Street Flat / maisonetteAug 2018624 sq ft £88/sq ft£55,000
11, May Street Flat / maisonetteMar 2016710 sq ft £73/sq ft£52,000
28, May Street Flat / maisonetteMar 2015775 sq ft £98/sq ft£76,000

All sales on May Street → All sold prices in South Shields →

Area insights

The neighbourhood around this property.

Marketed by
William H. Brown, Leeds Auctions
38 High Street, Bawtry, Doncaster, South Yorkshire
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