9 Rekendyke Mews, Laygate, South Shields, Tyne & Wear, NE33
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9 Rekendyke Mews, Laygate, South Shields, Tyne & Wear, NE33

By Allsop

£ 38,000

Reviews

2 out of 5 stars

Allsop says ..

Auction date - 18/12/2025. Subject to an Assured Shorthold Tenancy, Ground Floor - Reception Room, Two Bedrooms, Kitchen, Bathroom/WC, Lease with approximately 77 years remaining, GIA (Source EPC) approximately 50 sq m (538 sq ft), There are both resident and visitor Parking bays, Within walking ...

Property Oracle says ..

9 Rekendyke Mews is a two-bedroom flat in Laygate, South Shields. The property is listed for £38,000, which is considerably lower than the average property price in the area. While the flat could benefit from some modernisation, its proximity to local schools and transport links makes it an attractive opportunity, particularly for first-time buyers or investors. The absence of a private garden is a drawback, but the communal garden offers some outdoor space. Overall, the low price point makes this property a potentially worthwhile investment.

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
9
Condition
5
Location
6
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

  • Allsop created the listing.

Nearby Schools

NameTypeOfstedDistance
Laygate Community SchoolCommunity SchoolGood0.12 KM
Riverside Children'S CentreChildren's Centre0.43 KM
St Bede'S Catholic Primary School, South ShieldsAcademy Converter0.73 KM
Mortimer Community CollegeCommunity SchoolGood1.08 KM
Stanhope Primary SchoolCommunity SchoolGood1.08 KM

Images

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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

Nearby Properties

AddressPriceDistance
174 Laygate £ 150,0000.06 KM
178 Laygate £ 117,0000.07 KM
176 Laygate £ 150,0000.07 KM
172b Laygate £ 90,0000.07 KM
170d Laygate £ 32,0000.07 KM