Belle Vue Crescent, South Shields
By Andrew Craig
£ 45,000
Reviews
2 out of 5 stars
Andrew Craig says ..
INVESTMENT OPPORTUNITY! This two bedroom first floor flat is in need of a full refurbishment, presenting a fantastic opportunity for investors with no onward chain. Located close to Tyne Dock Metro for commuting, South Tyneside Hospital, shops and bus links. The floorp...
Property Oracle says ..
This two-bedroom flat in South Shields is presented as an investment opportunity, requiring full refurbishment. The property’s location is reasonably convenient, offering proximity to local schools, Tyne Dock Metro station, and South Tyneside Hospital, along with shops and bus links. However, the condition of the property is a major concern. The provided photos reveal extensive wear and tear, damp patches, and a general lack of maintenance. The kitchen and bathroom are dated and necessitate complete replacement. The flooring requires work, and the overall impression is one of significant disrepair. The absence of details regarding the plot size means it’s unclear whether there is a garden or any significant outdoor space. The list price of £45,000 reflects the need for substantial renovation; however, the actual cost of these repairs could significantly outweigh the initial investment. It’s crucial for potential buyers to conduct a thorough survey and obtain detailed cost estimates before making a purchase decision. Buyers should factor in potential unexpected repairs during the renovation process. Overall, this property presents a significant risk alongside the potential for a positive return. Careful consideration is advised before investing. Potential buyers should consider their experience in property renovation and budget adequately for the refurbishment of this property
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 3
- Location
- 6
- 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
- 410,714.00 £Increased by 0.52 %
- Average area rental value
- 1,363.00 £/moDecreased by 8.52 %
- Est rental Yield
- 3.98 %Decreased by 9.13 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Andrew Craig created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ss Peter And Paul Catholic Primary School, South Shields | Academy Converter | 0.01 KM | |
| Stanhope Primary School | Community School | Good | 0.51 KM |
| All Saints Centre | Children's Centre | 0.64 KM | |
| Holy Trinity Church Of England Academy (South Shields) | Academy Converter | Good | 0.87 KM |
| Autismable Cic | Special Post 16 Institution | 0.98 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Belle Vue Crescent | £ 45,000 | 0 | 0.00 KM |
| Union Street | £ 0 | 0 | 0.00 KM |
| The Staithes | £ 0 | 0 | 0.00 KM |
| Egerton Road | £ 0 | 0 | 0.00 KM |
| Temple Street | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Belle Vue Crescent, South Shields | £ 45,000 | BUY | 4 / 10 | 0.00 KM |
| Belle Vue Crescent, South Shields | £ 99,950 | BUY | Unknown | 0.01 KM |
| Lemon Street, West Harton, South Shields, Tyne and Wear, NE33 4RQ | £ 85,000 | BUY | 6 / 10 | 0.08 KM |
| Lemon Street, West Harton, South Shields, Tyne and Wear, NE33 4RQ | £ 125,000 | BUY | 6 / 10 | 0.08 KM |
| Stanhope Road, South Shields, Tyne and Wear, NE33 4RB | £ 45,000 | BUY | 5 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Belle Vue Crescent | £ 65,000 | 0.00 KM |
| 14 Belle Vue Crescent | £ 68,500 | 0.00 KM |
| 7 Belle Vue Crescent | £ 17,500 | 0.00 KM |
| 6 Belle Vue Crescent | £ 85,000 | 0.02 KM |
| 29 Vine Street | £ 65,000 | 0.05 KM |