Little Bedford Street, North Shields
TR

Little Bedford Street, North Shields

By Trading Places

£ 150,000

Reviews

2 out of 5 stars

Trading Places says ..

****INVESTMENT OPPORTUNITY** PAIR OF FLATS**ONE BEDROOM GROUND FLOOR AND TWO BEDROOM MAISONETTE**TENENTED ALREADY WITH A RENTAL INCOME OF £11,700 pa **FREEHOLD** TOWN CENTRE LOCATION*** Trading Places welcome to the market for sale this investment opportunity to purchase a pair of flats...

Property Oracle says ..

This property in North Shields, Tyne and Wear, is presented as an investment opportunity, consisting of a pair of flats: a one-bedroom ground floor flat and a two-bedroom maisonette. The listing highlights a current rental income of £11,700 per annum, which is a significant factor to consider for potential buyers. The property’s location is reasonably convenient, with a number of well-regarded primary schools within a short distance. However, the lack of specifics regarding local amenities and public transportation necessitates further investigation. Based on the provided images, the interior condition appears fair, needing some level of modernisation and refurbishment to enhance its appeal. The absence of information regarding plot size and overall square footage hinders a comprehensive evaluation of the property’s value and overall worth. The price point, while seemingly competitive within the context of the surrounding area, should be viewed in relation to the required investment needed for modernizing or refurbishing the property. It is highly recommended that potential buyers undertake a thorough property survey and seek professional advice to ascertain the true value and potential investment return before making a purchase decision.

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
3
Bathrooms
2

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
277,018.00 £
Decreased by 9.31 %
from 305,441.00 £
Average area rental value
1,179.00 £/mo
Increased by 1.11 %
from 1,166.00 £/mo
Est rental Yield
5.11 %
Increased by 11.57 %
from 4.58 %
Crime Rate
35.00 %
Unchanged by 0.00 %
from 35.00 %

Agent Activity

  • Trading Places created the listing.

Nearby Schools

NameTypeOfstedDistance
Christ Church Cofe Primary SchoolVoluntary Aided SchoolGood0.51 KM
St Cuthbert'S Catholic Primary School, North ShieldsAcademy Converter0.67 KM
Spring Gardens Primary SchoolCommunity SchoolGood0.96 KM
King Edward Primary SchoolFoundation SchoolGood1.03 KM
Waterville Primary SchoolCommunity SchoolGood1.10 KM

Images

Bedroom two Bedroom two Second floor bathroom/WC bathroom.jpg lounge .jpg Lounge Kitchen bedroom .jpg kitchen .jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Railway Terrace £ 38,00000.00 KM
Upper Camden Street £ 340,00000.00 KM
Albion Road £ 000.00 KM
Cecil Street £ 169,95000.00 KM
Charlotte Street £ 250,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Little Bedford Street, North Shields £ 150,000BUY4 / 100.00 KM
Saville Street, North Shields £ 115,000BUYUnknown0.06 KM
Union Street, North Shields, Tyne and Wear £ 139,950BUY5 / 100.08 KM
Camden Square, North Shields £ 195,000BUY6 / 100.13 KM
Little Bedford Street, North Shields £ 199,950BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
111a Bedford Street £ 22,5000.01 KM
109a Bedford Street £ 90,0000.01 KM
111 Bedford Street £ 120,0000.01 KM
110 Bedford Street £ 75,0000.01 KM
113a Bedford Street £ 114,0000.01 KM