Andrew Craig says ..
This investment opportunity offers a tenanted end-terraced house, generating a monthly rental income of £600. Situated on the ever popular Leam Lane development in Gateshead, this property is ideal for investors seeking a reliable income stream and a property with strong tenant appeal. The p...
Property Oracle says ..
This two-bedroom terraced house in Gateshead, Tyne and Wear is listed at £105,000. The property benefits from a convenient location, with nearby schools (Roman Road Primary School, Hill Top School, and Colegate Community Primary School) and transportation links. The house includes a small rear garden. Based on the provided images, the property appears to be in generally good condition, though some minor cosmetic updates might enhance its appeal. The kitchen and bathroom appear functional but could benefit from some modernisation. Comparing the list price to other properties on Brockwade and nearby streets, the price seems slightly above average but not unreasonable considering the location and the presence of a garden. Further information on the square footage would allow for a more precise price-per-square-foot comparison.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 8
- Land
- 6
- Bedrooms
- 2
- Bathrooms
- 1
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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
Andrew Craig marked this listing as sold.
Andrew Craig created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Roman Road Primary School | Community School | Outstanding | 0.50 KM |
| Hill Top School | Community Special School | Good | 0.77 KM |
| St Augustine'S Catholic Primary School, Gateshead | Academy Converter | 0.81 KM | |
| Leam Lane Children'S Centre | Children's Centre Linked Site | 0.87 KM | |
| Colegate Community Primary School | Community School | Good | 1.15 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Brockwade | £ 120,000 | 0 | 0.00 KM |
| Whitehouse Lane | £ 0 | 0 | 0.00 KM |
| Highbury Close | £ 0 | 0 | 0.00 KM |
| Underwood | £ 70,000 | 0 | 0.00 KM |
| Hillcrest | £ 145,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Heworth | 7766 | HEW | 2.03 KM |
| Manors | 7603 | MAS | 7.32 KM |
| Newcastle | 7728 | NCL | 8.24 KM |
| Chester-Le-Street | 7736 | CLS | 9.30 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Brockwade, Leam Lane, Gateshead, NE10 | £ 120,000 | BUY | Unknown | 0.01 KM |
| Rickgarth, Leam Lane, Gateshead, NE10 | £ 120,000 | BUY | 6 / 10 | 0.10 KM |
| Glynfellis, Leam Lane, Gateshead, Tyne And Wear, NE10 | £ 145,000 | BUY | 5 / 10 | 0.11 KM |
| Glynfellis, Leam Lane, NE10 | £ 120,000 | BUY | 6 / 10 | 0.14 KM |
| Englefeld, Leam Lane, Gateshead, NE10 | £ 100,000 | BUY | Unknown | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Brockwade | £ 110,000 | 0.00 KM |
| 16 Brockwade | £ 120,000 | 0.00 KM |
| 21 Brockwade | £ 78,000 | 0.00 KM |
| 5 Brockwade | £ 95,000 | 0.02 KM |
| 55 Brockwade | £ 95,000 | 0.02 KM |