Overhill Terrace, Bensham, Gateshead, Tyne And Wear, NE8
BE

Overhill Terrace, Bensham, Gateshead, Tyne And Wear, NE8

By Belle Vue Estates

£ 75,000

Reviews

2 out of 5 stars

Belle Vue Estates says ..

***SOLD WITH VACANT POSSESSION AND NO ONWARD CHAIN***Fabulous opportunity to purchase this GROUND FLOOR flat on this popular street within this central area of Gateshead. The property boasts two bedrooms and shared rear yard. Ample on road parking is available. Early viewing essential.

Property Oracle says ..

This two-bedroom ground floor flat in Bensham, Gateshead, is presented as a potential investment opportunity or first-time buyer option. Located on Overhill Terrace, it benefits from proximity to highly-rated primary schools, including Brighton Avenue Primary School and Bensham Grove Nursery School, both boasting ‘Outstanding’ Ofsted ratings. Transport links are also relatively convenient, with Newcastle train station within reasonable distance.

The property itself appears to be in adequate condition for immediate habitation, although a degree of modernisation is evident. The kitchen and bathroom look dated, and a general refresh would likely enhance its appeal significantly. The flat is presented with neutral decor which can be viewed as a positive in terms of giving the buyer flexibility.

The external space seems minimal. The available images do not reveal access to a garden; it appears the flat benefits from a shared rear yard, however the state and usability of this space is unclear. The listing price of £75,000 aligns with other nearby properties, but a more precise evaluation would depend on the property’s actual square footage. The lack of this information along with the need for modernisation and the limited outdoor space, make this a consideration in relation to the property’s overall valuation.

Overall, this property presents as a practical option for first-time buyers or investors, but potential buyers should carefully consider the necessary improvements and limited outdoor space before making a decision. The positive points of transport and proximity to good schools are key considerations for a buyer.

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
5
Location
6
Land
1
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
265,000.00 £
Increased by 2.60 %
from 258,279.00 £
Average area rental value
1,270.00 £/mo
Decreased by 15.05 %
from 1,495.00 £/mo
Est rental Yield
5.75 %
Decreased by 17.27 %
from 6.95 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Belle Vue Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Brighton Avenue Primary SchoolCommunity SchoolOutstanding0.30 KM
Bensham Sure Start Children'S CentreChildren's Centre Linked Site0.38 KM
Gateshead Jewish Boarding SchoolOther Independent SchoolRequires improvement0.51 KM
Bensham Grove Nursery SchoolLocal Authority Nursery SchoolOutstanding0.51 KM
Kelvin Grove Community Primary SchoolCommunity SchoolGood0.73 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Airey Terrace £ 000.00 KM
Balfour Street £ 000.00 KM
Chester Place £ 000.00 KM
Fourth Street £ 000.00 KM
Rectory Road £ 81,75000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL1.62 KM
Manors7603MAS2.22 KM
Dunston7744DOT3.26 KM
Metrocentre7725MCE5.85 KM
Heworth7766HEW6.32 KM

Nearby Listings

AddressPriceTypeScoreDistance
Overhill Terrace, Gateshead, Tyne and Wear, NE8 £ 75,000BUY6 / 100.00 KM
Overhill Terrace, Gateshead, Tyne And Wear, NE8 £ 80,000BUY5 / 100.00 KM
Overhill Terrace, Bensham, Gateshead, Tyne And Wear, NE8 £ 75,000BUY4 / 100.00 KM
Overhill Terrace, Gateshead £ 55,000BUY5 / 100.00 KM
Cotfield Walk, Gateshead £ 60,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
33 Overhill Terrace £ 22,0000.00 KM
24 Overhill Terrace £ 78,0000.00 KM
12 Overhill Terrace £ 64,9500.00 KM
28 Overhill Terrace £ 50,0000.00 KM
22 Overhill Terrace £ 69,0000.00 KM