Here are 10 properties in the town and surrounding area which you could pick up for £50,000 or less.
9. Two-bedroomed terraced house in Hollystone Drive, Hebburn
Rightmove says: "This deceptively spacious two bed mid link offers excellent living accommodation for a range of purchasers, from a first time buyer through to families." Offered at £31,250 on a shared ownership basis. Photo: UGC
10. Two-bedroomed flat in John Williamson Street, South Shields
Rightmove says: "A well presented two bedroom ground floor flat being offered for sale with vacant possession." Priced from £25,000. Photo: UGC