Melrose Terrace, Bedlington, NE22
SI

Melrose Terrace, Bedlington, NE22

By Sillars

£ 100,000

Reviews

3 out of 5 stars

Sillars says ..

Three-bed terraced house with EPC rating C, sold with a long-term tenant in situ paying £540pcm. Ideal turnkey investment for landlords seeking steady rental income in a strong location.

Property Oracle says ..

This three-bedroom terraced house in Bedlington, Northumberland is listed at £100,000. The property benefits from a small, manageable rear garden. While the images show a recently decorated interior, the overall condition of the property appears to be average. The location is close to local amenities and schools, with train stations within reasonable commuting distance. Compared to other similar properties in the area, the price seems reasonable, though further information on the property’s square footage would be helpful to confirm this. The average price for similar properties in the area is significantly higher, suggesting this property could be a good value option.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
6
Location
7
Land
4
Bedrooms
3
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
625,000.00 £
Increased by 9.15 %
from 572,608.00 £
Average area rental value
1,525.00 £/mo
Increased by 1.26 %
from 1,506.00 £/mo
Est rental Yield
2.93 %
Decreased by 7.28 %
from 3.16 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Sillars created the listing.

Nearby Schools

NameTypeOfstedDistance
Bedlington Station Primary SchoolCommunity SchoolGood0.40 KM
Bedlington AcademyAcademy Sponsor Led0.47 KM
Bedlington Children'S CentreChildren's Centre0.91 KM
Stead Lane Primary SchoolCommunity SchoolGood0.91 KM
Horton Grange Primary SchoolCommunity SchoolGood2.05 KM

Images

Front External Kitchen/Dining Kitchen/Dining Lounge Lounge Master Bedroom Bedroom 2 Bedroom 3 Ext External Rear Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Melrose & Jubilee Terrace £ 57,50000.00 KM
Kings Road £ 95,00000.00 KM
Queens Road £ 75,00000.00 KM
Waverley Avenue £ 39,00000.00 KM
A1147 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Cramlington7579CRM6.53 KM
Pegswood7685PEG9.55 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melrose Terrace, Bedlington, NE22 £ 100,000BUY6 / 100.00 KM
Jubilee Terrace, Bedlington £ 65,000BUY5 / 100.08 KM
Elmfield Court, Bedlington £ 89,000BUY6 / 100.21 KM
Mansion Court, Bedlington, NE22 5LE £ 325,000BUY7 / 100.21 KM
Summerson Way, Bedlington, Northumberland, NE22 5LF £ 239,950BUY7 / 100.22 KM

Nearby Properties

AddressPriceDistance
19 Melrose Terrace £ 100,0000.01 KM
25a Melrose Terrace £ 70,0000.01 KM
25 Melrose Terrace £ 52,0000.01 KM
10 Melrose Terrace £ 68,0000.01 KM
23 Melrose Terrace £ 95,0000.01 KM