Raby Street, Gateshead, Tyne And Wear, NE8
HA

Raby Street, Gateshead, Tyne And Wear, NE8

By Hanafin Estates

£ 200,000

Reviews

3 out of 5 stars

Hanafin Estates says ..

Are you searching for a high-yielding, cash-flowing investment property that generates serious passive income from day one? Craving a standout asset with a sky-high return rate to supercharge your portfolio? This could be your golden ticket - read on!Hanafin Estates are investor Specialists

Property Oracle says ..

The property is a 7-bedroom, 3-bathroom terraced house located on Raby Street in Gateshead, Tyne and Wear. The list price is £200,000. Nearby properties are predominantly flats, with prices significantly lower than the subject property. The average house price in the area is £275,146, and the average price per square foot is £234. However, the provided data lacks crucial information, such as the square footage of the property and plot size, making a comprehensive analysis challenging. The property appears to be in generally good condition based on the images provided. While some rooms show signs of wear and tear, there is no evidence of significant damage or the need for extensive renovations. The kitchen and bathrooms seem well-maintained and functional. The proximity to several schools with varying Ofsted ratings suggests a mixed level of educational provision in the area. Transportation links to Manors, Newcastle, and other locations are available, indicating reasonable accessibility. However, without knowing the exact plot size, it’s impossible to assess the amount of land available. Given the lack of square footage information for the subject property and the surrounding properties, it is impossible to accurately assess the value for money. The list price of £200,000 is significantly lower than the average house price in the area, but without knowing the size of the property, it’s difficult to determine if this represents good value. Further information is needed to provide a complete and accurate assessment.

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
5
Condition
7
Location
6
Land
0
Bedrooms
7
Bathrooms
3

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 %
from 258,279.00 £
Average area rental value
1,270.00 £/mo
Decreased by 15.05 %
from 1,495.00 £/mo
Est rental Yield
5.75 %
Decreased by 17.27 %
from 6.95 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Hanafin Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
South Street Community Primary SchoolCommunity SchoolRequires improvement0.27 KM
Gibside SchoolCommunity Special SchoolOutstanding0.53 KM
ShoshanimOther Independent School0.74 KM
Dryden SchoolCommunity Special SchoolOutstanding0.85 KM
Keser Torah Boys' SchoolOther Independent SchoolGood0.87 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
South Street £ 000.00 KM
Shipcote Terrace £ 000.00 KM
Cramer Street £ 000.00 KM
Devon Gardens £ 310,00000.00 KM
Park View Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS2.63 KM
Newcastle7728NCL3.00 KM
Heworth7766HEW4.56 KM
Dunston7744DOT4.98 KM
Metrocentre7725MCE7.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Raby Street, Gateshead, Tyne And Wear, NE8 £ 200,000BUY6 / 100.00 KM
Raby Street, Gateshead, NE8 £ 75,000BUY5 / 100.00 KM
Raby Street, Gateshead £ 70,000BUY4 / 100.00 KM
Northborne Street, Gateshead, Newcastle Upon Tyne, NE8 £ 75,000BUY5 / 100.03 KM
Chandos Street, Deckham, Gateshead, Tyne and Wear, NE8 4AB £ 60,000BUY4 / 100.03 KM

Nearby Properties

AddressPriceDistance
80 Raby Street £ 148,0000.00 KM
22 Raby Street £ 60,0000.00 KM
86 Raby Street £ 20,0000.00 KM
72 Raby Street £ 70,0000.00 KM
70 Raby Street £ 60,0000.00 KM