Armstrong Road, Benwell, Newcastle upon Tyne, Tyne and Wear, NE15 6JA
PA

Armstrong Road, Benwell, Newcastle upon Tyne, Tyne and Wear, NE15 6JA

By Pattinson Estate Agents

£ 70,000

Reviews

2 out of 5 stars

Pattinson Estate Agents says ..

FOR SALE BY ONLINE UNCONDITIONAL AUCTION: THREE-BEDROOM TERRACED HOUSE WITH EXCELLENT POTENTIAL (Terms and conditions apply) This three-bedroom terraced property presents a fantastic opportunity for investors or buyers looking to add their personal touch. Featuring two spacious reception rooms...

Property Oracle says ..

This three-bedroom property in Benwell, Newcastle upon Tyne, presents a mixed bag of opportunities and challenges for potential buyers. The location is a key strength. The property is conveniently situated near several schools, including the well-regarded Atkinson Road Primary Academy. The proximity to local transport links, although not completely specified in the available data, also adds value. However, the overall condition of the property requires immediate attention. The provided images reveal a need for significant modernisation, encompassing aspects such as interior decoration, flooring, kitchen and bathroom fixtures. While the property benefits from a small rear garden, it’s described as modest and appears somewhat neglected. The list price, while potentially reasonable relative to other nearby properties, could be influenced by the necessity for significant renovations, affecting the property’s overall appeal. In summary, the property requires substantial investment to reach its full potential but is strategically positioned in a relatively well-served location offering good school options. Due to the lack of complete and accurate comparable sales data, determining the most appropriate market valuation is hampered. Potential buyers should factor in renovation costs and conduct thorough local market research to justify their investment and ensure the list price aligns with current property values in the exact vicinity of the property. The data provided isn’t complete enough for a definitive conclusion on value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
1,195.00

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
680,998.00 £
Decreased by 7.75 %
from 738,203.00 £
Est sale value
639,325.00 £
Increased by 80.13 %
from 354,915.00 £
Average area rental value
1,898.00 £/mo
Decreased by 25.22 %
from 2,538.00 £/mo
Est letting value
1,195.00 £/mo
Unchanged by 0.00 %
from 1,195.00 £/mo
Est rental Yield
3.34 %
Decreased by 19.13 %
from 4.13 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Atkinson Road Primary AcademyAcademy ConverterGood0.02 KM
St Joseph'S Catholic Primary School, BenwellAcademy Converter0.28 KM
West Newcastle AcademyFree SchoolsGood0.56 KM
Canning Street Primary SchoolFoundation SchoolGood0.75 KM
Trinity Post 16 Solutions Ltd.Special Post 16 InstitutionGood0.77 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Macdonald Road £ 000.00 KM
Violet Close £ 000.00 KM
Merton Court £ 000.00 KM
Glebe Street £ 000.00 KM
Teindland Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Metrocentre7725MCE1.19 KM
Dunston7744DOT3.25 KM
Newcastle7728NCL5.18 KM
Blaydon7503BLO5.38 KM
Manors7603MAS6.58 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
16 Bishops Road £ 99,9500.07 KM
25 Bishops Road £ 78,0000.07 KM
10 Bishops Road £ 105,0000.07 KM
133 Atkinson Road £ 41,0000.15 KM
28 Bishops Road £ 50,0000.16 KM