Netherton Grove, North Shields
SI

Netherton Grove, North Shields

By Signature

£ 49,950

Reviews

2 out of 5 stars

Signature says ..

Well presented one bedroom first floor flat situated within a popular residential area of North Shields. Close to all local amenities and transportation links providing ease of access to other nearby towns, the coast and Newcastle's city centre. Benefiting from gas central heating and d...

Property Oracle says ..

This one-bedroom flat located on Netherton Grove in North Shields presents itself as a potentially viable option for first-time buyers or investors, particularly those looking for an affordable property in a relatively convenient location. The property’s proximity to schools rated ‘Good’ by Ofsted is a significant plus for families. However, the limited information regarding transportation links needs to be investigated further, as it is a key aspect to consider.

The interior of the property, based on the images, shows a functional one-bedroom flat, but the décor is dated, and some minor improvements could enhance its appeal. The absence of any outdoor space is a drawback, given the demand for gardens in the UK housing market.

The price of £49,950 seems aligned with the local average for similar properties on Netherton Grove. While this might be considered good value relative to the surrounding area’s pricing, potential buyers must conduct their own thorough research, including obtaining a professional survey before committing to a purchase. Overall, this property offers a balance of affordability, reasonable proximity to amenities and schools, and acceptable condition, but it’s not without its limitations.

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
5
Location
6
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
700.00

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
334,600.00 £
Decreased by 4.59 %
from 350,700.00 £
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 700.00 £/mo
Est rental Yield
1.58 %
Decreased by 46.80 %
from 2.97 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Signature created the listing.

Nearby Schools

NameTypeOfstedDistance
Whitehouse Primary SchoolFoundation SchoolGood0.49 KM
St Thomas More Catholic High SchoolAcademy ConverterGood0.66 KM
Collingwood Primary SchoolCommunity SchoolGood1.07 KM
Preston Grange Primary SchoolFoundation SchoolGood1.31 KM
Norham High SchoolFoundation SchoolSpecial Measures1.40 KM

Images

3 5 1 4 6 7 2 8

Nearby Streets

NameAverage PriceAverage SqftDistance
Netherton Grove £ 49,95000.00 KM
Hedgeley Road £ 260,00000.00 KM
Coast Road £ 100,00000.00 KM
St Aidan's Close £ 90,00000.00 KM
Edwina Gardens £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Netherton Grove, North Shields £ 49,950BUY4 / 100.00 KM
Netherton Grove, North Shields £ 49,950BUY5 / 100.00 KM
Netherton Avenue, North Shields £ 182,500BUY7 / 100.05 KM
Morwick Road, north shields, North Shields, Tyne and Wear, NE29 8JB £ 80,000BUY7 / 100.07 KM
Netherton Avenue, North Shields £ 195,000BUYUnknown0.08 KM

Nearby Properties

AddressPriceDistance
54 Morwick Road £ 96,0000.09 KM
32 Morwick Road £ 85,0000.09 KM
38 Morwick Road £ 39,9990.09 KM
70 Morwick Road £ 147,0000.14 KM
72 Morwick Road £ 137,0000.14 KM