Overhill Terrace, Gateshead, Tyne And Wear, NE8
By Belle Vue Estates
£ 80,000
Reviews
2 out of 5 stars
Belle Vue Estates says ..
Excellent opportunity to purchase this property that comes to the sales market with no onward chain. The Upper three bedroom flat has gas central heating, double glazing and shared yard to the rear. Perfect addition to any buy to let portfolio or 1st time purchase. Early viewing is essential.
Property Oracle says ..
This three-bedroom property in Gateshead, Tyne and Wear, presents a mixed bag of attributes. Its location is a key strength, with its proximity to well-regarded primary schools and relatively easy access to transportation links. The nearby Newcastle train station offers convenient connections to other parts of the UK. However, without specific details of the neighbourhood’s overall quality of life and safety, forming a comprehensive assessment of its appeal is challenging.
In terms of condition, the property appears livable, but not without its drawbacks. The images reveal somewhat dated interior decor and fittings, suggesting the need for some modernisation to improve its overall appeal and potential market value. A full inspection would be necessary to properly assess the extent of any necessary repairs or upgrades.
The property’s land or garden space appears to be limited, based on the available photos. This will likely reduce its appeal to potential buyers seeking outdoor space. Again, a precise plot size would greatly aid in accurate evaluation.
The list price of £80,000 falls within the range of comparable properties in the area. While a lack of square footage data makes a precise price per square foot comparison impossible, based on the available market data, the property could be considered competitively priced. A thorough survey to determine the actual condition of the property and any potential repair costs will be critical in confirming its value proposition.
Overall, this property offers a good location and a relatively reasonable price, but prospective buyers should be prepared for some modernisation and potentially repair work. The lack of garden space might also be a factor for some buyers.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 2
- 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
- 265,000.00 £Increased by 2.60 %
- Average area rental value
- 1,270.00 £/moDecreased by 15.05 %
- Est rental Yield
- 5.75 %Decreased by 17.27 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Belle Vue Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brighton Avenue Primary School | Community School | Outstanding | 0.30 KM |
| Bensham Sure Start Children'S Centre | Children's Centre Linked Site | 0.38 KM | |
| Gateshead Jewish Boarding School | Other Independent School | Requires improvement | 0.51 KM |
| Bensham Grove Nursery School | Local Authority Nursery School | Outstanding | 0.51 KM |
| Kelvin Grove Community Primary School | Community School | Good | 0.73 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Airey Terrace | £ 0 | 0 | 0.00 KM |
| Balfour Street | £ 0 | 0 | 0.00 KM |
| Chester Place | £ 0 | 0 | 0.00 KM |
| Fourth Street | £ 0 | 0 | 0.00 KM |
| Rectory Road | £ 81,750 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newcastle | 7728 | NCL | 1.62 KM |
| Manors | 7603 | MAS | 2.22 KM |
| Dunston | 7744 | DOT | 3.26 KM |
| Metrocentre | 7725 | MCE | 5.85 KM |
| Heworth | 7766 | HEW | 6.32 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Overhill Terrace, Gateshead, Tyne and Wear, NE8 | £ 75,000 | BUY | 6 / 10 | 0.00 KM |
| Overhill Terrace, Gateshead, Tyne And Wear, NE8 | £ 80,000 | BUY | 5 / 10 | 0.00 KM |
| Overhill Terrace, Bensham, Gateshead, Tyne And Wear, NE8 | £ 75,000 | BUY | 4 / 10 | 0.00 KM |
| Overhill Terrace, Gateshead | £ 55,000 | BUY | 5 / 10 | 0.00 KM |
| Cotfield Walk, Gateshead | £ 60,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 12 Overhill Terrace | £ 64,950 | 0.00 KM |
| 28 Overhill Terrace | £ 50,000 | 0.00 KM |
| 18 Overhill Terrace | £ 22,000 | 0.00 KM |
| 34 Overhill Terrace | £ 57,000 | 0.00 KM |
| 24 Overhill Terrace | £ 78,000 | 0.00 KM |