Sanderling Way, Washington, Tyne and Wear, NE38
BR

Sanderling Way, Washington, Tyne and Wear, NE38

By Bridgfords

£ 55,000

Reviews

3 out of 5 stars

Bridgfords says ..

This is an excellent opportunity to get onto the property ladder with a Shared Ownership of 25% of the property the Rent is £382.04 per month and there is a service charge for £52.75 **All potential purchasers must be approved via application to Riverside Home Ownership**

Property Oracle says ..

This three-bedroom semi-detached property in Washington, Tyne and Wear is listed at £55,000. The property benefits from a modern fitted kitchen and bathroom, and appears well-maintained throughout. The images show a good-sized rear garden, adding to its appeal. The location is close to several schools, with Holley Park Academy and Oxclose Community Academy both rated ‘Good’ by Ofsted, and Oxclose Nursery School rated ‘Outstanding’. Transport links are also relatively close by, with Chester-le-Street and Heworth train stations within a reasonable distance.

However, the list price is significantly lower than the average house price in the area (£198,296), and even considering the smaller size of the property (786.63 sqft compared to the average of 826 sqft), the price per sqft is considerably lower than the average (£240). While this could indicate a good value proposition, it’s crucial to investigate the reason for such a low price. Further investigation into the property’s history and any potential issues not immediately apparent from the photos would be recommended before making a purchase decision. The proximity to good schools and transport links are positive factors, but the significant price discrepancy warrants careful consideration.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
9
Location
7
Land
8
Bedrooms
3
Bathrooms
2
Sqft (est)
786.63
Lot (est)
870.80

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
197,600.00 £
Increased by 0.12 %
from 197,369.00 £
Est sale value
197,444.13 £
Increased by 18.40 %
from 166,765.56 £
Average area rental value
1,200.00 £/mo
Increased by 42.69 %
from 841.00 £/mo
Est letting value
786.63 £/mo
from 0.00 £/mo
Est rental Yield
7.29 %
Increased by 42.66 %
from 5.11 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Bridgfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Holley Park AcademyAcademy ConverterGood0.60 KM
Oxclose Community AcademyAcademy ConverterGood1.10 KM
Sunderland Children'S Centre Washington (Oxclose)Children's Centre Linked Site1.30 KM
Oxclose Nursery SchoolLocal Authority Nursery SchoolOutstanding1.31 KM
Rickleton Primary SchoolCommunity SchoolGood1.33 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Teal Close £ 000.00 KM
Kingfisher Road £ 244,98800.00 KM
A1(M) £ 155,00000.00 KM
North Street £ 60,00000.00 KM
Sunderland Highway £ 77,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Chester-Le-Street7736CLS4.81 KM
Heworth7766HEW6.88 KM

Nearby Listings

AddressPriceTypeScoreDistance
Sanderling Way, Washington, Tyne and Wear, NE38 £ 55,000BUY7 / 100.00 KM
Sanderling Way, Ayton Washington £ 53,750BUY6 / 100.00 KM
Sanderling Way, Ayton, Washington, Tyne & Wear, NE38 £ 245,000BUYUnknown0.02 KM
Kittiwake Drive, Ayton, Washington, NE38 £ 270,000BUY6 / 100.17 KM
Kittiwake Drive, Ayton, Washington, NE38 £ 255,000BUY6 / 100.19 KM

Nearby Properties

AddressPriceDistance
19 Whitethroat Close £ 89,9500.11 KM
2 Whitethroat Close £ 185,0000.11 KM
21 Whitethroat Close £ 79,0000.11 KM
11 Whitethroat Close £ 215,0000.11 KM
6 Whitethroat Close £ 215,0000.11 KM