Harwood Drive, Mulberry Park, Houghton Le Spring, Tyne and Wear, DH4 5NY
PA

Harwood Drive, Mulberry Park, Houghton Le Spring, Tyne and Wear, DH4 5NY

By Pattinson Estate Agents

£ 64,950

Reviews

2 out of 5 stars

Pattinson Estate Agents says ..

**GREAT INVESTMENT OPPORTUNITY**TWO BEDROOM TOP FLOOR APARTMENT**SECURE ENTRY SYSTEM**ALLOCATED PARKING**POPULAR LOCATION**TENANT PAYING £590 PCM** Pattinson Estate agents are excited to welcome to the market this impressive two bed apartment located in the popular location of Harwood Dri...

Property Oracle says ..

This two-bedroom apartment in Houghton le Spring’s Mulberry Park estate presents a potentially attractive option for first-time buyers or investors. The property’s location offers convenient access to local schools, rated ‘Good’ by Ofsted, implying a family-friendly environment. Proximity to Chester-le-Street train station is also a plus for commuters. The interior appears well-maintained and modern, as shown in the photographs, although personal preferences regarding décor will play a role in someone’s perception. The lack of outdoor space, a common characteristic of apartments, is a notable limitation. The kitchen and bathroom appear well-maintained and updated.

The price of £64,950 seems competitive when considering similar properties in the area, although there’s a wide price range for similar units on the same estate, suggesting a need for deeper comparative analysis. The absence of details regarding parking is a notable omission, as this is often a significant factor in apartment desirability. Overall, the property shows promise, but a viewing is essential to fully assess the condition, confirm the existence of parking facilities, and compare it with other comparable properties currently available for sale.

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
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
780.38

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
169,990.00 £
Increased by 19.69 %
from 142,027.00 £
Est sale value
135,786.12 £
Increased by 16.78 %
from 116,276.62 £
Average area rental value
845.00 £/mo
Increased by 3.17 %
from 819.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
5.97 %
Decreased by 13.73 %
from 6.92 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Pattinson Estate Agents marked this listing as sold.

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Dubmire PrimaryAcademy Sponsor LedGood0.45 KM
Sunderland Children'S Centre CoalfieldsChildren's Centre0.62 KM
Burnside Academy InspiresAcademy ConverterGood1.69 KM
Newbottle Primary AcademyAcademy ConverterGood2.08 KM
Woodlea Primary SchoolCommunity SchoolGood2.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Murray Avenue £ 000.00 KM
Grange Avenue £ 000.00 KM
Newton Drive £ 000.00 KM
Westgate £ 211,66700.00 KM
Highfield Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chester-Le-Street7736CLS9.20 KM

Nearby Properties

AddressPriceDistance
36 Ellesmere Close £ 71,5000.04 KM
5 Ellesmere Close £ 220,0000.04 KM
26 Ellesmere Close £ 180,0000.04 KM
31 Ellesmere Close £ 65,0000.04 KM
8 Ellesmere Close £ 203,4500.04 KM