Ocean Road, South Shields, NE33
SA

Ocean Road, South Shields, NE33

By Sarah Conway Estate Agents

£ 250,000

Reviews

3 out of 5 stars

Sarah Conway Estate Agents says ..

Prominent 7-bedroom guest house in Whitley Bay, ideal for entrepreneurs/investors. Ensuite bathrooms, owner accommodation, outdoor space. Great potential for business venture or residential conversion in sought-after location near beach and town centre. Free on-street parking.

Property Oracle says ..

The property is a 7 bedroom, 7 bathroom terraced house located on Ocean Road in South Shields, Tyne and Wear. The list price is £250,000. Based on the provided images, the property appears to be a period property that has been renovated and is in good condition. The interior shows a mix of modern and traditional features. The property benefits from a good sized garden to the front. The average house price in the area is £163,227, with an average price per square foot of £175. While the provided listing does not specify the square footage, nearby comparable properties are listed for significantly lower prices. Given the apparent good condition of the property, its size, and the proximity to several outstandingly rated schools, the list price of £250,000 might be considered high compared to other properties in the immediate vicinity, but could be justified by the number of bedrooms and bathrooms. More information on the square footage would be needed for a more definitive price assessment. The location is positive, with several highly-rated primary schools within a short distance. This makes it potentially attractive to families.

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
8
Location
7
Land
6
Bedrooms
7
Bathrooms
7

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
134,000.00 £
Decreased by 6.10 %
from 142,704.00 £
Average area rental value
684.00 £/mo
Increased by 6.21 %
from 644.00 £/mo
Est rental Yield
6.13 %
Increased by 13.10 %
from 5.42 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Sarah Conway Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Marine Park Children'S CentreChildren's Centre0.16 KM
Marine Park Primary SchoolCommunity SchoolOutstanding0.28 KM
Hadrian Primary SchoolCommunity SchoolOutstanding0.76 KM
St Bede'S Catholic Primary School, South ShieldsAcademy Converter0.86 KM
Westoe Crown Primary SchoolCommunity SchoolGood1.23 KM

Images

Front External Lounge Kitchen Bedroom Ensuite Entrance Hallway Family Bedroom Ensuite Lounge Dining Area Front External

Nearby Streets

NameAverage PriceAverage SqftDistance
Eastbourne Grove £ 000.00 KM
Winchester Street £ 130,00000.00 KM
Brodrick Street £ 000.00 KM
Charlotte Street £ 000.00 KM
Henry Street £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ocean Road, South Shields, NE33 £ 250,000BUY6 / 100.00 KM
Salmon Street, South Shields £ 195,000BUY6 / 100.06 KM
Roman Road, South Shields £ 65,000BUY6 / 100.06 KM
Salmon Street, South Shields, NE33 £ 190,000BUYUnknown0.08 KM
Roman Road, South Shields £ 93,750BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
116 Ocean Road £ 112,5000.04 KM
13 Roman Road £ 63,5000.09 KM
15 Roman Road £ 126,0000.09 KM
16 Roman Road £ 76,5000.09 KM
46 Roman Road £ 75,0000.09 KM