Norham Road, North Shields
SI

Norham Road, North Shields

By Signature

£ 60,000

Reviews

2 out of 5 stars

Signature says ..

An excellent opportunity to acquire this well-presented two-bedroom ground floor flat, ideally located in the highly sought-after coastal residential area of North Shields. This property is perfectly suited for investors or first-time buyers looking to secure a home in a thriving community. <...

Property Oracle says ..

This two-bedroom terraced house located on Norham Road in North Shields, Tyne and Wear presents a mixed bag of opportunities and challenges for prospective buyers. The property’s location in North Shields offers some benefits, with relatively close proximity to several schools. However, the property’s condition is a significant factor, requiring a substantial investment in refurbishment. The provided photographs clearly show that the property is in need of modernization and repairs throughout; from the kitchen and bathroom to the walls and flooring, almost every aspect of the house needs attention. The house has very little outdoor space. The list price of £60,000 is lower than the average for Norham Road, suggesting potential value, but this must be carefully weighed against the significant cost of the necessary renovations. Buyers should carefully factor in the cost of repairs and modernisation before making an offer. A detailed survey is highly recommended to assess the extent of the required works and potential structural issues. The overall assessment suggests this property is suitable for someone with experience in home renovation projects or for an investor willing to undertake a significant refurbishment before either resale or rental.

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
4
Location
6
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
630.00

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
911,990.00 £
Increased by 52.54 %
from 597,864.00 £
Est sale value
301,140.00 £
Decreased by 4.59 %
from 315,630.00 £
Average area rental value
1,200.00 £/mo
Decreased by 18.81 %
from 1,478.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 630.00 £/mo
Est rental Yield
1.58 %
Decreased by 46.80 %
from 2.97 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Signature created the listing.

Nearby Schools

NameTypeOfstedDistance
Norham High SchoolFoundation SchoolSpecial Measures0.44 KM
Collingwood Primary SchoolCommunity SchoolGood0.91 KM
Percy Main Primary SchoolCommunity SchoolGood0.91 KM
St Joseph'S Catholic Primary School, North ShieldsAcademy Converter0.96 KM
St Thomas More Catholic High SchoolAcademy ConverterGood1.53 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Norham Road £ 92,48800.00 KM
Beaufront Avenue £ 000.00 KM
Station Road £ 000.00 KM
Holme Crescent £ 000.00 KM
Mittford Grove £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Norham Road, North Shields £ 60,000BUY5 / 100.00 KM
Norham Road, North Shields £ 60,000BUY4 / 100.00 KM
Norham Road, North Shields £ 65,000BUY4 / 100.00 KM
Elsdon Terrace, North Shields, Tyne and Wear, NE29 £ 75,000BUY4 / 100.06 KM
Elsdon Terrace, North Shields £ 63,000BUY5 / 100.07 KM

Nearby Properties

AddressPriceDistance
121 Norham Road £ 43,0000.01 KM
119 Norham Road £ 42,0000.01 KM
127 Norham Road £ 67,0000.02 KM
123 Norham Road £ 56,0000.02 KM
107 Norham Road £ 136,5000.02 KM