Preston Gate, North Shields
BR

Preston Gate, North Shields

By Brannen & Partners

£ 75,000

Reviews

3 out of 5 stars

Brannen & Partners says ..

GREAT OPPORTUNITY TO ACQUIRE THIS ONE BEDROOM GROUND FLOOR FLAT LOCATED WITHIN MARDEN FARM ESTATE - NO UPPER CHAIN Brannen & Partners welcome to the market this ideally located one bedroom apartment within this popular development on Marden Estate with well kept communal gardens and res...

Property Oracle says ..

This one-bedroom apartment is situated in the Collingwood area of North Shields, Tyne and Wear. The property benefits from being within a reasonable distance to several schools, including John Spence Community High School and Preston Grange Primary School, both rated as ‘Good’ by Ofsted. The apartment itself appears to be in good condition based on the provided images. The kitchen and bathroom are modern and well-maintained. The living area is spacious and bright. The property includes a small amount of outside space.

The list price of £75,000 is significantly lower than the average house price in the area (£525,346), and the average price per square foot (£302) is substantially higher than what is being asked for this property. However, it’s important to note that this is a one-bedroom apartment, and the average price reflects a larger property type. The surrounding area includes several similar properties for sale at comparable prices, suggesting that the list price might be reasonable for this type of property in this location. Further investigation into comparable properties in the immediate vicinity would be needed to confirm this.

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
7
Condition
8
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
427.00

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
911,990.00 £
Increased by 52.54 %
from 597,864.00 £
Est sale value
204,106.00 £
Decreased by 4.59 %
from 213,927.00 £
Average area rental value
1,200.00 £/mo
Decreased by 18.81 %
from 1,478.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 427.00 £/mo
Est rental Yield
1.58 %
Decreased by 46.80 %
from 2.97 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Brannen & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
John Spence Community High SchoolFoundation SchoolGood0.69 KM
Preston Grange Primary SchoolFoundation SchoolGood0.72 KM
St Mary'S Catholic Primary School, North ShieldsAcademy Converter0.96 KM
Monkseaton High SchoolFoundation SchoolGood1.05 KM
Southlands SchoolFoundation Special SchoolGood1.07 KM

Images

External.jpg Living Area.jpg Kitchen.jpg Kitchen 2.jpg Living 2.jpg Bedroom.jpg Hallway.jpg Bathroom.jpg Extrnal 2.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Newlands £ 000.00 KM
Pentland Close £ 360,00000.00 KM
Cotswold Road £ 350,00000.00 KM
Kelvin Grove £ 312,47500.00 KM
Foxhunters Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Preston Gate, North Shields £ 75,000BUY6 / 100.00 KM
Preston Gate, North Shields £ 80,000BUYUnknown0.07 KM
Preston Gate, North Shields £ 85,000BUY6 / 100.07 KM
Grangeside Court, Brabourne Gardens, North Shields, NE29 £ 55,000BUY5 / 100.16 KM
Grangeside Court, North Shields £ 130,000BUYUnknown0.18 KM

Nearby Properties

AddressPriceDistance
3 Preston Gate £ 98,0000.01 KM
13 Preston Gate £ 78,0000.01 KM
18 Preston Gate £ 39,9950.01 KM
22 Preston Gate £ 128,0000.01 KM
6 Preston Gate £ 61,0000.01 KM