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
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Metrics Year-on-Year
- Average area value
- 265,000.00 £Increased by 2.60 %
- Average area rental value
- 1,270.00 £/moDecreased by 15.05 %
- Est rental Yield
- 5.75 %Decreased by 17.27 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Belle Vue Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brighton Avenue Primary School | Community School | Outstanding | 0.30 KM |
| Bensham Sure Start Children'S Centre | Children's Centre Linked Site | 0.38 KM | |
| Gateshead Jewish Boarding School | Other Independent School | Requires improvement | 0.51 KM |
| Bensham Grove Nursery School | Local Authority Nursery School | Outstanding | 0.51 KM |
| Kelvin Grove Community Primary School | Community School | Good | 0.73 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Airey Terrace | £ 0 | 0 | 0.00 KM |
| Balfour Street | £ 0 | 0 | 0.00 KM |
| Chester Place | £ 0 | 0 | 0.00 KM |
| Fourth Street | £ 0 | 0 | 0.00 KM |
| Rectory Road | £ 81,750 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newcastle | 7728 | NCL | 1.62 KM |
| Manors | 7603 | MAS | 2.22 KM |
| Dunston | 7744 | DOT | 3.26 KM |
| Metrocentre | 7725 | MCE | 5.85 KM |
| Heworth | 7766 | HEW | 6.32 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Overhill Terrace, Gateshead, Tyne and Wear, NE8 | £ 75,000 | BUY | 6 / 10 | 0.00 KM |
| Overhill Terrace, Gateshead, Tyne And Wear, NE8 | £ 80,000 | BUY | 5 / 10 | 0.00 KM |
| Overhill Terrace, Bensham, Gateshead, Tyne And Wear, NE8 | £ 75,000 | BUY | 4 / 10 | 0.00 KM |
| Overhill Terrace, Gateshead | £ 55,000 | BUY | 5 / 10 | 0.00 KM |
| Cotfield Walk, Gateshead | £ 60,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 33 Overhill Terrace | £ 22,000 | 0.00 KM |
| 24 Overhill Terrace | £ 78,000 | 0.00 KM |
| 12 Overhill Terrace | £ 64,950 | 0.00 KM |
| 28 Overhill Terrace | £ 50,000 | 0.00 KM |
| 22 Overhill Terrace | £ 69,000 | 0.00 KM |