Sunderland Road, Gateshead, Tyne and Wear, NE8 3QR
GR

Sunderland Road, Gateshead, Tyne and Wear, NE8 3QR

By Greetham Gilbert

£ 99,950

Reviews

2 out of 5 stars

Greetham Gilbert says ..

Discover this delightful three bedroom upper flat with a boarded loft space, perfect for storage. An ideal first-time buy in Gateshead awaits!

Property Oracle says ..

This three-bedroom upper flat located on Sunderland Road in Gateshead offers a mixed bag of features. The property’s location is a key strength. It is close to several well-regarded primary schools and benefits from reasonable proximity to public transport links to Newcastle and other areas of Tyne and Wear. This is particularly advantageous for families or those commuting into Newcastle city centre.

In terms of condition, the property exhibits a somewhat inconsistent presentation. The kitchen appears to be relatively modern and well-maintained. However, the bathroom is a little dated and might require updating. The rest of the property shows signs of wear and tear but not needing immediate repairs.

The property benefits from a small outside area, suitable for basic use, however not offering a significant amount of outdoor space.

The asking price of £99,950 appears to be moderately positioned within the context of comparable properties in nearby streets. While some homes are far more expensive, others sell for considerably less. This would depend on the size of the property and the condition. The absence of square footage for the property makes a definitive judgment on value difficult. Therefore more information is required to properly assess the value.

Overall, the property presents a decent opportunity for a first-time buyer or investor seeking a property in Gateshead that is in need of some minimal improvements. However, potential buyers should conduct a thorough inspection to accurately assess the property’s condition and factor that into their offering price. Buyers should also pay attention to the exact size of the property before proceeding with any offer.

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
5
Location
6
Land
2
Bedrooms
3
Bathrooms
1

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
131,874.00 £
Decreased by 12.47 %
from 150,654.00 £
Average area rental value
1,083.00 £/mo
Increased by 0.65 %
from 1,076.00 £/mo
Est rental Yield
9.85 %
Increased by 14.94 %
from 8.57 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Greetham Gilbert created the listing.

Nearby Schools

NameTypeOfstedDistance
Bede Community Primary SchoolCommunity SchoolGood0.36 KM
St Wilfrid'S Roman Catholic Voluntary Aided Primary SchoolVoluntary Aided SchoolGood0.42 KM
Bede Children'S CentreChildren's Centre Linked Site0.42 KM
Gateshead Children'S Centre @ DeckhamChildren's Centre0.77 KM
Carr Hill Community Primary SchoolCommunity SchoolGood0.94 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Kings Close £ 000.00 KM
Churchill Road £ 125,00000.00 KM
Hendon Road £ 000.00 KM
Elliot Road £ 000.00 KM
Highfield Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS3.00 KM
Heworth7766HEW3.21 KM
Newcastle7728NCL3.92 KM
Dunston7744DOT6.37 KM
Metrocentre7725MCE8.97 KM

Nearby Listings

AddressPriceTypeScoreDistance
Sunderland Road, Gateshead, Tyne and Wear, NE8 3QR £ 99,950BUY5 / 100.00 KM
Fleetwood Way, Bishops Park Estate, Gateshead, NE8 £ 120,000BUYUnknown0.05 KM
Sunderland Road, Gateshead £ 99,950BUY5 / 100.06 KM
Duncan Street, Felling, NE8 3PU £ 60,000BUY6 / 100.07 KM
Fleetwood Way, Bishops Park Estate, Gateshead, NE8 £ 230,000BUYUnknown0.10 KM

Nearby Properties

AddressPriceDistance
420 Sunderland Road £ 48,7500.06 KM
494 Sunderland Road £ 150,0000.06 KM
496 Sunderland Road £ 64,0000.06 KM
480 Sunderland Road £ 135,0000.06 KM
488 Sunderland Road £ 129,0000.06 KM