Meadowfield, Springwell Village, Gateshead, NE9
Riverside Residential Property Services logo

Meadowfield, Springwell Village, Gateshead, NE9

By Riverside Residential Property Services

£ 140,000

Reviews

3 out of 5 stars

Riverside Residential Property Services says ..

Riverside Residential bring to the market this spacious three bedroom home with garage and good living space in a quiet estate in Springwell Village. A fantastic investment opportunity as being sold with a long-term sitting tenant so earning you rent from day 1

Property Oracle says ..

This three-bedroom terraced house in Springwell Village, Gateshead, is listed at £140,000. The property benefits from a garage and a small rear garden, which is a positive aspect, especially considering the lack of plot size information. The interior appears to be in reasonable condition, with some modernisation evident in the kitchen and bathroom. However, some areas like the living room show a need for further improvements or updating. The location is convenient, with nearby primary schools and transportation links. The average house price in the area is significantly higher (£198,296), and the average price per square foot is £240. Considering this, the asking price of £140,000 might seem attractive, but a thorough survey is recommended to assess any potential repair costs.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
804.71

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
201,982.21 £
Increased by 18.40 %
from 170,598.52 £
Average area rental value
1,200.00 £/mo
Increased by 42.69 %
from 841.00 £/mo
Est letting value
804.71 £/mo
from 0.00 £/mo
Est rental Yield
7.29 %
Increased by 42.66 %
from 5.11 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Riverside Residential Property Services created the listing.

Nearby Schools

NameTypeOfstedDistance
Springwell Village Primary SchoolAcademy Converter0.35 KM
CumbricOther Independent School1.30 KM
Hill Top SchoolCommunity Special SchoolGood1.33 KM
Fell Dyke Community Primary SchoolCommunity SchoolRequires improvement1.55 KM
Roman Road Primary SchoolCommunity SchoolOutstanding1.88 KM

Images

Main External Kitchen 1 Kitchen 2 Lounge 1 Lounge 2 Lounge 3 Bathroom Bedroom 1 Bedroom 2 Bedroom 3 Garage External 2

Nearby Streets

NameAverage PriceAverage SqftDistance
Mount Park Road £ 358,74500.00 KM
Alexandra Terrace £ 000.00 KM
Winston Court £ 330,00000.00 KM
Peareth Hall Road £ 251,98000.00 KM
Whitehouse Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW3.51 KM
Chester-Le-Street7736CLS7.71 KM
Manors7603MAS8.02 KM
Newcastle7728NCL8.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
Meadowfield, Springwell Village, Gateshead, NE9 £ 140,000BUY6 / 100.00 KM
Bowes Gardens, Springwell Village, Gateshead £ 349,950BUY7 / 100.13 KM
Bowes Gardens, Springwell Village, NE9 £ 340,000BUY7 / 100.14 KM
Windsor Terrace, Springwell, NE9 £ 139,950BUYUnknown0.14 KM
Windsor Terrace, Gateshead, Tyne And Wear, NE9 £ 185,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
30 Meadowfield £ 197,5000.01 KM
18 Meadowfield £ 126,0000.01 KM
9 Meadowfield £ 138,0000.01 KM
1 Meadowfield £ 156,5000.01 KM
21 Meadowfield £ 149,0000.01 KM