Leasehold homes in South Shields
How many homes in South Shields are sold as leasehold, including leasehold houses. Free
All sales leasehold
24%
9,155 sales since 2016
Houses sold leasehold
7%
excluding flats
New-build houses leasehold
0%
313 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| St Vincent Street | 33 | 58% |
| Beacon Glade | 36 | 50% |
| Devon Gardens | 9 | 100% |
| Leafield Crescent | 15 | 53% |
| Vernon Close | 13 | 54% |
| Talbot Road | 11 | 55% |
| Cook Close | 5 | 80% |
| St Georges Avenue | 7 | 57% |
| Windermere Crescent | 7 | 57% |
| Alverthorpe Street | 6 | 50% |
| Anson Close | 5 | 60% |
| Julian Street | 5 | 60% |
What to check before buying a leasehold home
- Lease length. Under 80 years gets expensive to extend and harder to mortgage. Use the lease extension calculator.
- Ground rent and how it rises. Doubling ground rents can make a home unmortgageable.
- Service charges and the sinking fund, plus any planned major works.
- Buying the freehold. Leasehold reforms are making it cheaper for many house owners to buy their freehold.
A conveyancing solicitor will check all of this for you.