Coleridge Avenue, South Shields, Tyne and Wear, NE33
CH

Coleridge Avenue, South Shields, Tyne and Wear, NE33

By Chase Holmes

£ 58,000

Reviews

2 out of 5 stars

Chase Holmes says ..

Discover a great property investment in the heart of South Shields with this spacious first-floor flat on Coleridge Avenue. Boasting two bedrooms, a private yard, and a good location!

Property Oracle says ..

This two-bedroom flat on Coleridge Avenue in South Shields presents a mixed investment opportunity. The property’s location in Westoe offers several advantages, including relatively close proximity to well-regarded primary schools. The location also appears desirable in terms of access to other amenities but further information on the immediate proximity to the amenities and transportation is needed. The coastal proximity could also be a plus for potential buyers or tenants. However, the property’s condition is a significant drawback. The photographs clearly show that it requires substantial refurbishment, including modernisation of the kitchen and bathrooms, and the replacement of carpets and some internal finishes. The lack of specified square footage and plot size hinders a full valuation. The list price, whilst lower than some nearby properties, reflects the necessary work; the potential return is high, but only after significant investment. The overall assessment is that this property would likely attract investors seeking a renovation project or first-time buyers who are willing to undertake the work to improve it.

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
7
Land
2
Bedrooms
2
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
200,068.00 £
Increased by 34.96 %
from 148,247.00 £
Average area rental value
746.00 £/mo
Increased by 8.91 %
from 685.00 £/mo
Est rental Yield
4.47 %
Decreased by 19.31 %
from 5.54 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Chase Holmes marked this listing as sold.

  • Chase Holmes created the listing.

Nearby Schools

NameTypeOfstedDistance
Tyne Coast CollegeFurther EducationGood0.39 KM
Westoe Crown Primary SchoolCommunity SchoolGood0.52 KM
Marine Park Primary SchoolCommunity SchoolOutstanding1.15 KM
Mortimer Primary SchoolCommunity SchoolOutstanding1.16 KM
Mortimer Community CollegeCommunity SchoolGood1.20 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hutton Row £ 000.00 KM
Baltic Court £ 143,26800.00 KM
Tennyson Street £ 000.00 KM
Salisbury Place £ 000.00 KM
Graham Street £ 60,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Coleridge Avenue, South Shields £ 74,995BUYUnknown0.01 KM
St Vincent Street, South Shields £ 95,000BUYUnknown0.05 KM
St. Vincent Street, South Shields £ 115,000BUYUnknown0.06 KM
Rosebery Avenue, South Shields, Tyne and Wear, NE33 £ 195,000BUY6 / 100.06 KM
St. Vincent Street, South Shields £ 149,950BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
42 Coleridge Avenue £ 79,9870.03 KM
40 Coleridge Avenue £ 75,0000.03 KM
54 Coleridge Avenue £ 33,5000.03 KM
41 Coleridge Avenue £ 105,0000.03 KM
82 Coleridge Avenue £ 77,0000.03 KM