Margaret Grove, South Shields, Tyne and Wear, NE34
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Margaret Grove, South Shields, Tyne and Wear, NE34

By Chase Holmes

£ 100,000

Reviews

2 out of 5 stars

Chase Holmes says ..

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

Property Oracle says ..

This property located in Margaret Grove, South Shields, is a two-bedroom, two-bathroom house with a small rear garden. The asking price is £100,000. The property’s condition requires significant updating; the kitchen and bathrooms appear dated and would benefit from modernisation. The garden is small and currently unkempt and the overall interior decor is dated. The location is positive, offering proximity to well-regarded schools and reasonable access to public transport through train stations, though these are a distance away and require a train journey. The absence of local comparable property information makes a full pricing analysis difficult; however, given the size and location, the list price is likely to be within the range of similar properties needing significant improvement. Potential buyers should factor in the cost of renovations before making an offer. The property could be attractive for a buyer looking for a project, or for investors who can see value in the potential after improvements.

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
2
Sqft (est)
900.00

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 £
Est sale value
97,200.00 £
Decreased by 37.93 %
from 156,600.00 £
Average area rental value
700.00 £/mo
Increased by 3.86 %
from 674.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
9.60 %
Increased by 93.16 %
from 4.97 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Chase Holmes created the listing.

Nearby Schools

NameTypeOfstedDistance
Lord Blyton Primary SchoolCommunity SchoolGood0.48 KM
Monkton AcademyAcademy ConverterGood0.93 KM
Monkton Infants' SchoolAcademy ConverterGood0.97 KM
Holy Trinity Church Of England Academy (South Shields)Academy ConverterGood1.33 KM
Biddick Hall Junior SchoolCommunity SchoolGood1.38 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hartford Road £ 90,00000.00 KM
Henderson Road £ 116,87500.00 KM
Hymers Avenue £ 000.00 KM
Henderson Road £ 175,00000.00 KM
John Reid Road Cycleway £ 140,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Plot 5 Florence Mews, Newcastle Road, South Shields £ 249,950BUYUnknown0.05 KM
Plot 1 Florence Mews, Newcastle Road, South Shields £ 230,000BUYUnknown0.07 KM
Newcastle Road, South Shields, Tyne and Wear, NE34 9AA £ 179,995BUY7 / 100.12 KM
Fenwick Avenue, South Shields £ 280,000BUY6 / 100.20 KM
Wenlock Road, South Shields £ 184,995BUYUnknown0.22 KM

Nearby Properties

AddressPriceDistance
75 Newcastle Road £ 115,0000.07 KM
115 Newcastle Road £ 120,0000.07 KM
16 Hyperion Avenue £ 104,5000.09 KM
26 Hyperion Avenue £ 117,0000.09 KM
11 Hyperion Avenue £ 141,0000.09 KM