Rekendyke Mews, South Shields
AN

Rekendyke Mews, South Shields

By Andrew Craig

£ 60,000

Reviews

3 out of 5 stars

Andrew Craig says ..

Ideal for investors, this ground floor apartment is being sold with a tenant already in place! Conveniently located within walking distance of Chichester Metro Station, local shops, and amenities in both Laygate and Dean Road, with South Shields Town Centre also nearby....

Property Oracle says ..

This property is a two-bedroom apartment located in South Shields, Tyne and Wear. The apartment is situated in a convenient location, with a primary school within close proximity (0.11km). While the provided images show a clean and functional apartment, the overall condition appears average. There is a small amount of communal outside space, and allocated parking. The list price of £60,000 is significantly lower than the average property price in the area (£482,757). However, this difference is likely due to the smaller size and type of property. Compared to similar nearby apartments, the price seems relatively reasonable, although further information on the square footage would be beneficial for a more precise evaluation.

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
8
Condition
6
Location
7
Land
3
Bedrooms
2
Bathrooms
1

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
87,500.00 £
Decreased by 46.21 %
from 162,684.00 £
Average area rental value
700.00 £/mo
Increased by 3.86 %
from 674.00 £/mo
Est rental Yield
9.60 %
Increased by 93.16 %
from 4.97 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Andrew Craig created the listing.

Nearby Schools

NameTypeOfstedDistance
Laygate Community SchoolCommunity SchoolGood0.11 KM
Riverside Children'S CentreChildren's Centre0.42 KM
St Bede'S Catholic Primary School, South ShieldsAcademy Converter0.72 KM
Mortimer Community CollegeCommunity SchoolGood1.07 KM
Stanhope Primary SchoolCommunity SchoolGood1.08 KM

Images

 (Main) Kitchen Lounge Bedroom One Bedroom Two Bathroom Parking

Nearby Streets

NameAverage PriceAverage SqftDistance
Dixon Street £ 000.00 KM
Saint Jude's Terrace £ 000.00 KM
Shakespeare Street £ 000.00 KM
Dean Road £ 000.00 KM
Victoria Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Rekendyke Mews, South Shields £ 60,000BUY6 / 100.00 KM
Rekendyke Mews, South Shields £ 55,000BUY5 / 100.00 KM
Rekendyke Mews Laygate, South Shields, NE33 4 £ 70,000BUY5 / 100.01 KM
Rekendyke Mews Laygate, South Shields, NE33 4 £ 70,000BUY6 / 100.01 KM
9 Rekendyke Mews, Laygate, South Shields, Tyne & Wear, NE33 £ 38,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
174 Laygate £ 150,0000.05 KM
176 Laygate £ 150,0000.06 KM
172b Laygate £ 90,0000.06 KM
170d Laygate £ 32,0000.06 KM
178 Laygate £ 117,0000.06 KM