Martin & Co says ..
A SPACIOUS TWO-BEDROOM LOWER FLAT IN DEAN ROAD, IDEAL FOR INVESTORS SEEKING A RENTAL PROPERTY CLOSE TO LOCAL AMENITIES AND TRANSPORT LINKS
Property Oracle says ..
This two-bedroom property in South Shields, located on Dean Road within the Westoe area, presents a mixed bag of prospects. The property’s plus points include its relatively central location within South Shields, with numerous schools in the vicinity (including one ‘Outstanding’ rated primary school), and the potential for improved value following refurbishment. The property does have a small yard, but it is more of a small, unkempt back yard rather than a significant garden. The size of the property is relatively standard for a two-bedroom house in the area.
However, the property’s condition needs considerable attention. The provided photographs reveal clear signs of wear and tear, outdated décor, and potential damp issues. Potential buyers should budget for significant renovations and modernisation works. The property is priced within the range of similar properties in the locality but there is a notable lack of information available on pricing for the property’s street.
Overall, the property is suitable for buyers seeking a renovation project in South Shields, or as a potential rental property once it has been brought up to a suitable standard. However, caution is necessary because of the apparent need for significant investments before the property can be fully utilized or easily rented.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 851.43
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
- 200,068.00 £Increased by 34.96 %
- Est sale value
- 169,434.57 £Increased by 91.35 %
- Average area rental value
- 746.00 £/moIncreased by 8.91 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.47 %Decreased by 19.31 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Riverside Children'S Centre | Children's Centre | 0.30 KM | |
| Laygate Community School | Community School | Good | 0.35 KM |
| Mortimer Community College | Community School | Good | 0.68 KM |
| St Bede'S Catholic Primary School, South Shields | Academy Converter | 0.80 KM | |
| Mortimer Primary School | Community School | Outstanding | 0.84 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dean Road | £ 0 | 0 | 0.00 KM |
| Shakespeare Street | £ 0 | 0 | 0.00 KM |
| West Stainton Street | £ 0 | 0 | 0.00 KM |
| Dixon Street | £ 0 | 0 | 0.00 KM |
| Victoria Road | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Dean Road, South Shields | £ 65,000 | BUY | 4 / 10 | 0.00 KM |
| Northcote Street, South Shields, Tyne and Wear, NE33 | £ 60,000 | BUY | 5 / 10 | 0.03 KM |
| Northcote Street, South Shields, Tyne and Wear, NE33 | £ 60,000 | BUY | 6 / 10 | 0.03 KM |
| Dean Road, South Shields | £ 73,750 | BUY | 6 / 10 | 0.07 KM |
| Dean Road, South Shields | £ 110,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 41 Northcote Street | £ 30,000 | 0.02 KM |
| 7 Northcote Street | £ 60,000 | 0.02 KM |
| 37 Northcote Street | £ 31,500 | 0.02 KM |
| 24 Northcote Street | £ 60,000 | 0.02 KM |
| 15 Northcote Street | £ 62,000 | 0.02 KM |