Main Street South, Seghill, Cramlington
M L Estates Ltd logo

Main Street South, Seghill, Cramlington

By M L Estates Ltd

£ 150,000

Reviews

2 out of 5 stars

M L Estates Ltd says ..

An excellent opportunity to purchase this former place of worship located in the heart of Seghill. The property should be of interest to a range of alternative uses subject to planning permission which would be sought by the purchaser to suit their own proposals. Briefly comprising Entr...

Property Oracle says ..

This property is a former chapel located on Main Street South in Seghill, Cramlington. The building appears to be in reasonable structural condition, though it requires significant internal modernisation. The property benefits from a small garden area to the side. The list price of £150,000 is difficult to assess accurately without knowing the square footage. However, comparing it to nearby properties on Main Street South which have sold for between £82,950 and £120,000, the asking price seems high, especially considering the need for renovation. The location is convenient, with Seghill First School just 0.08km away and other amenities likely within a short distance. The absence of bedrooms and bathrooms makes it unsuitable for residential use unless significant conversion work is undertaken. The potential value will depend on the intended use after renovation and the cost of such work.

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
4
Condition
6
Location
7
Land
4
Bedrooms
0
Bathrooms
0

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
49.00 %
Unchanged by 0.00 %
from 49.00 %

Agent Activity

  • M L Estates Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Seghill First SchoolCommunity SchoolGood0.08 KM
Atkinson House SchoolCommunity Special SchoolRequires improvement0.54 KM
Seaton Delaval First SchoolCommunity SchoolGood2.41 KM
Seaton Valley Children'S CentreChildren's Centre2.45 KM
Amberley Primary SchoolFoundation SchoolGood2.98 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Kensintgon Close £ 130,00000.00 KM
Middle Farm Cottages £ 000.00 KM
Elizabeth Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Cramlington7579CRM5.73 KM

Nearby Listings

AddressPriceTypeScoreDistance
Main Street South, Seghill, Cramlington £ 150,000BUY5 / 100.00 KM
Main Street South, Seghill £ 125,000BUY6 / 100.01 KM
Main Street South Seghill £ 149,950BUY6 / 100.06 KM
Oakfield Way, Cramlington, NE23 £ 250,000BUY6 / 100.14 KM
Cheviot View, Seghill, Cramlington £ 169,950BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
11 Main Street South £ 93,5000.05 KM
6 Main Street South £ 82,9500.05 KM
5 Main Street South £ 120,0000.07 KM
7 Main Street South £ 90,0000.07 KM
Bungalow £ 186,0000.07 KM