Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £53...
Property Oracle says ..
This two-bedroom flat located on Mortimer Road in South Shields presents a potentially attractive option, particularly for first-time buyers or investors. Its key strengths are its proximity to highly-rated schools (Mortimer Community College and Mortimer Primary School) and its location on a relatively convenient street. The property boasts a modern kitchen. However, there’s a lack of outdoor space as the images show a small, paved yard, rather than a garden. The provided photographs suggest the flat is in fair condition, requiring some light cosmetic work. The asking price is comparatively low in relation to other flats in the area, but an accurate assessment of value for money is hampered by the absence of square footage information. Buyers should be aware of the ‘Home for Life Lifetime Lease’ aspect of the sale, and thoroughly review the terms and conditions before making an offer. Prospective buyers will also want to do some independent research to further assess the state of the property before purchase.
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
- 2
- Bedrooms
- 2
- Bathrooms
- 0
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
- 108,927.00 £Decreased by 39.45 %
- Average area rental value
- 831.00 £/moDecreased by 0.60 %
- Est rental Yield
- 9.15 %Increased by 63.98 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Mortimer Community College | Community School | Good | 0.16 KM |
| Mortimer Primary School | Community School | Outstanding | 0.16 KM |
| Park View School | Community Special School | Good | 0.68 KM |
| Tyne Coast College | Further Education | Good | 0.76 KM |
| Riverside Children'S Centre | Children's Centre | 0.77 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Greta Gardens | £ 0 | 0 | 0.00 KM |
| Oxford Avenue | £ 0 | 0 | 0.00 KM |
| Mayfair Gardens | £ 0 | 0 | 0.00 KM |
| Dean Road | £ 0 | 0 | 0.00 KM |
| Harton Lane | £ 349,995 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sunderland | 7640 | SUN | 9.76 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mortimer Road, South Shields | £ 53,500 | BUY | 5 / 10 | 0.00 KM |
| Mortimer Road, South Shields | £ 100,000 | BUY | 6 / 10 | 0.01 KM |
| Mortimer Road, South Shields | £ 229,995 | BUY | 7 / 10 | 0.04 KM |
| Hepscott Terrace, South Shields | £ 130,000 | BUY | Unknown | 0.07 KM |
| Warwick Road, South Shields | £ 93,750 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 149 Mortimer Road | £ 83,000 | 0.00 KM |
| 151 Mortimer Road | £ 75,000 | 0.00 KM |
| 147 Mortimer Road | £ 54,500 | 0.01 KM |
| 155 Mortimer Road | £ 90,000 | 0.01 KM |
| 145 Mortimer Road | £ 82,000 | 0.01 KM |