Andrew Craig says ..
This ground floor apartment is an excellent investment opportunity, currently tenanted and ideally situated close to transport links and the Q.E Hospital. The property benefits from electric heating and double glazing throughout. Upon entering, the communal entrance leads to the apartment where...
Property Oracle says ..
The property is a 2 bedroom 2 bathroom flat located in Gateshead, Tyne and Wear. Based on the images provided, the property appears to be in good condition and is modern in style. The location is close to several schools, including Glynwood Community Primary School (Outstanding Ofsted rating) and Cardinal Hume Catholic School (Outstanding Ofsted rating). There are also several train stations within a reasonable distance. The list price of £92,500 is significantly lower than the average price for the area (£275,146), and given the apparent good condition and convenient location, this could represent good value for money. However, without knowing the square footage of the property it is difficult to make a definitive judgement on value.
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
- 9
- Condition
- 8
- Location
- 9
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 2
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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
- 9.00 %Unchanged by 0.00 %
Agent Activity
Andrew Craig created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Glynwood Community Primary School | Community School | Outstanding | 0.57 KM |
| Larkspur Community Primary School | Community School | Good | 1.09 KM |
| Cardinal Hume Catholic School | Academy Converter | Outstanding | 1.09 KM |
| Carr Hill Community Primary School | Community School | Good | 1.19 KM |
| River Tyne Academy Gateshead | Academy Alternative Provision Sponsor Led | 1.24 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Glendale Gardens | £ 250,000 | 0 | 0.00 KM |
| Church Lane | £ 215,000 | 0 | 0.00 KM |
| Buttermere Gardens | £ 237,500 | 0 | 0.00 KM |
| Southway | £ 0 | 0 | 0.00 KM |
| Sourmilk Hill Lane | £ 435,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Heworth | 7766 | HEW | 3.55 KM |
| Manors | 7603 | MAS | 4.76 KM |
| Newcastle | 7728 | NCL | 5.22 KM |
| Dunston | 7744 | DOT | 6.67 KM |
| Chester-Le-Street | 7736 | CLS | 9.03 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Blacklock Close, Gateshead | £ 92,500 | BUY | 7 / 10 | 0.00 KM |
| Blacklock Close, Gateshead | £ 92,500 | BUY | 6 / 10 | 0.00 KM |
| Blacklock Close, Sheriff Hill, NE9 | £ 85,000 | BUY | 7 / 10 | 0.01 KM |
| 33 Blacklock Close, Sheriff Hill, Gateshead | £ 89,995 | BUY | 5 / 10 | 0.01 KM |
| Blacklock Close, Gateshead, NE9 | £ 90,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 14 Blacklock Close | £ 79,000 | 0.01 KM |
| 1 Blacklock Close | £ 120,000 | 0.01 KM |
| 4 Blacklock Close | £ 125,000 | 0.01 KM |
| 2 Blacklock Close | £ 116,100 | 0.01 KM |
| 17 Blacklock Close | £ 115,000 | 0.01 KM |