High Street East,Tyne and Wear, NE28
MC

High Street East,Tyne and Wear, NE28

By McGowan Housing

£ 65,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 2 Bedroom Flat | Spacious Lounge | Modern Kitchen | Prime Rental Location Within Newcastle Upon Tyne

Property Oracle says ..

This property is a 2-bedroom flat located on High Street East in Wallsend, Tyne and Wear. The location benefits from being close to local amenities and schools, including Richardson Dees Primary School (0.42km) and Burnside College (0.96km), both rated as “Good” by Ofsted. Transport links are also relatively close by, with Heworth train station approximately 5.41km away. However, the property itself appears to be in need of some modernisation and updating, as evidenced by the provided images. The kitchen and bathroom appear dated and require renovation. The small yard is also cluttered and unkempt. While the list price is lower than the average price for the area, the condition of the property and the lack of plot size should be carefully considered. Comparable properties in the area range from £65,000 to £80,000, suggesting the list price is within the expected range for similar properties in this condition. Given the need for renovation, potential buyers should factor in additional costs.

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
6
Condition
4
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
632.32

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
302,248.96 £
Decreased by 4.59 %
from 316,792.32 £
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 632.32 £/mo
Est rental Yield
1.58 %
Decreased by 46.80 %
from 2.97 %
Crime Rate
35.00 %
Unchanged by 0.00 %
from 35.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Richardson Dees Primary SchoolFoundation SchoolGood0.42 KM
Wallsend Children'S CentreChildren's Centre0.86 KM
Burnside CollegeFoundation SchoolGood0.96 KM
Carville Primary SchoolFoundation SchoolGood1.16 KM
Wallsend St Peter'S Cofe Aided Primary SchoolVoluntary Aided SchoolRequires improvement1.48 KM

Images

External Kitchen Kitchen Bedroom Bedroom Bedroom External External Bathroom Bedroom External

Nearby Streets

NameAverage PriceAverage SqftDistance
The Green £ 000.00 KM
Elm Terrace £ 665,00000.00 KM
Frank Street £ 80,00000.00 KM
Chadwick Street £ 000.00 KM
Lisle Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW5.41 KM
Manors7603MAS8.73 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street East,Tyne and Wear, NE28 £ 65,000BUY4 / 100.00 KM
Vine Street, Wallsend, NE28 £ 60,000BUY6 / 100.08 KM
Holly Avenue, Wallsend £ 65,000BUYUnknown0.12 KM
Holly Avenue, Wallsend £ 65,000BUYUnknown0.12 KM
Northumberland Street, Wallsend £ 85,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
180 High Street East £ 24,5000.00 KM
128 - 130 High Street East £ 101,0000.00 KM
123 Laurel Street £ 73,0000.06 KM
77 Laurel Street £ 45,0000.06 KM
69 Laurel Street £ 40,0000.06 KM