George Street, Wallsend, Tyne and Wear, NE28
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George Street, Wallsend, Tyne and Wear, NE28

By A J P Property Services

£ 49,950

Reviews

2 out of 5 stars

A J P Property Services says ..

**NEW TO THE MARKET** AJP Property Services are pleased to bring to the sales market an investment opportunity not to be missed in Wallsend. The property is currently vacant, however there is a tenant lined up with a rental yield of £550 pcm.

Property Oracle says ..

This two-bedroom ground floor flat is located on George Street in Wallsend, Tyne and Wear. The property benefits from a small yard. While the property’s condition appears to be good, based on the provided images, the lack of information regarding square footage prevents a comprehensive assessment of its value. The list price of £49,950 is significantly lower than the average house price in the area (£260,420), suggesting it may represent good value for money, however, without the square footage it is impossible to confirm. The proximity to several schools, including Stephenson Memorial Primary School (rated ‘Good’) and Denbigh Community Primary School (rated ‘Outstanding’), is a positive factor for families. The location also offers access to public transportation, with Heworth train station approximately 8.46km away. However, the immediate surroundings appear somewhat industrial based on the exterior images. Further information regarding the property’s size and specific features would allow for a more detailed and accurate evaluation.

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
6
Condition
7
Location
5
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
277,018.00 £
Decreased by 9.31 %
from 305,441.00 £
Average area rental value
1,179.00 £/mo
Increased by 1.11 %
from 1,166.00 £/mo
Est rental Yield
5.11 %
Increased by 11.57 %
from 4.58 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • A J P Property Services created the listing.

Nearby Schools

NameTypeOfstedDistance
Howdon Children'S CentreChildren's Centre0.73 KM
Stephenson Memorial Primary SchoolFoundation SchoolGood0.87 KM
Denbigh Community Primary SchoolFoundation SchoolOutstanding1.20 KM
Dunn Street Primary SchoolCommunity SchoolGood1.34 KM
JarrowChildren's Centre1.40 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Stote Close £ 179,95000.00 KM
A187 £ 90,00000.00 KM
Mitford Street £ 000.00 KM
Ingoe Street £ 000.00 KM
Baird Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW8.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
George Street, Wallsend, Tyne and Wear, NE28 £ 49,950BUY5 / 100.00 KM
George Street, Wallsend - Two Bedroom Ground Floor Flat. £ 54,950BUY4 / 100.01 KM
Stote Close, Wallsend, Tyne and Wear, NE28 6TW £ 240,000BUY8 / 100.06 KM
Bewicke Road, Wallsend, Tyne and Wear, NE28 £ 85,000BUY5 / 100.07 KM
Gladstone Street, Wallsend, Newcastle upon Tyne, NE28 £ 55,000BUY4 / 100.09 KM

Nearby Properties

AddressPriceDistance
135 George Street £ 25,0000.00 KM
136 George Street £ 66,0000.00 KM
134 George Street £ 50,0000.00 KM
121 George Street £ 69,0000.00 KM
139 George Street £ 97,5000.00 KM