Wye Avenue, Jarrow, Tyne and Wear, NE32
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Wye Avenue, Jarrow, Tyne and Wear, NE32

By Chase Holmes

£ 115,000

Reviews

2 out of 5 stars

Chase Holmes says ..

Welcome to this semi-detached house on Wye Avenue, Jarrow – a property that offers a fantastic investment opportunity. With its good location and ample living space, this three-bedroom home is sure to impress.

Property Oracle says ..

This three-bedroom semi-detached house in Jarrow, Tyne and Wear, presents a mixed bag of opportunities and challenges. The property’s location is a definite strength, boasting proximity to schools and a train station. The presence of a garden, while currently needing attention, provides additional space and potential. However, the property is in need of a substantial refurbishment. The interior photos showcase outdated decor and fixtures which need replacing. Potential buyers should factor in the cost of modernisation and updating to bring the property up to current standards.

The list price reflects the typical property values in the neighbourhood but should be viewed in the context of needed renovation costs. A thorough survey and cost assessment are recommended before purchasing. The lack of specific square footage data for comparable properties makes precise price comparison challenging. The property would likely appeal to buyers seeking a project or investors who can add value through improvements. While requiring significant work, the property’s fundamental attributes, along with its location and the inclusion of a garden, make it a potentially worthwhile investment, provided the buyer fully understands and factors in the necessary work and costs.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
1,000.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
410,714.00 £
Increased by 0.52 %
from 408,604.00 £
Est sale value
420,000.00 £
Increased by 4.48 %
from 402,000.00 £
Average area rental value
1,363.00 £/mo
Decreased by 8.52 %
from 1,490.00 £/mo
Est letting value
1,000.00 £/mo
Unchanged by 0.00 %
from 1,000.00 £/mo
Est rental Yield
3.98 %
Decreased by 9.13 %
from 4.38 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Chase Holmes created the listing.

Nearby Schools

NameTypeOfstedDistance
Primrose CentreChildren's Centre0.78 KM
St Joseph'S Catholic Primary School, JarrowAcademy Converter0.82 KM
Hedworthfield Primary SchoolCommunity SchoolGood0.92 KM
Valley View Primary SchoolCommunity SchoolOutstanding0.97 KM
Fellgate Primary SchoolCommunity SchoolRequires improvement1.21 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Calder Green £ 000.00 KM
Hillcrest £ 000.00 KM
Hedworth Lane £ 000.00 KM
Parkfield £ 117,47500.00 KM
Moorside £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW8.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lea Avenue, Jarrow, NE32 £ 145,000BUY7 / 100.06 KM
Lea Avenue, Jarrow £ 155,000BUY7 / 100.09 KM
Trent Drive, ., Jarrow, Tyne and Wear, NE32 4DY £ 125,000BUY6 / 100.25 KM
Calf Close Lane, Jarrow, Tyne and Wear, NE32 4DX £ 155,995BUY7 / 100.25 KM
Trent Drive, ., Jarrow, Tyne and Wear, NE32 4DY £ 126,000BUY6 / 100.25 KM

Nearby Properties

AddressPriceDistance
5 Kennet Avenue £ 90,0000.04 KM
12 Kennet Avenue £ 80,0000.04 KM
8 Lea Avenue £ 87,0000.07 KM
12 Lea Avenue £ 88,9500.07 KM
4 Lea Avenue £ 124,0000.09 KM