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 %
- Average area rental value
- 1,179.00 £/moIncreased by 1.11 %
- Est rental Yield
- 5.11 %Increased by 11.57 %
- Crime Rate
- 35.00 %Unchanged by 0.00 %
Agent Activity
Trading Places created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Christ Church Cofe Primary School | Voluntary Aided School | Good | 0.51 KM |
| St Cuthbert'S Catholic Primary School, North Shields | Academy Converter | 0.67 KM | |
| Spring Gardens Primary School | Community School | Good | 0.96 KM |
| King Edward Primary School | Foundation School | Good | 1.03 KM |
| Waterville Primary School | Community School | Good | 1.10 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Railway Terrace | £ 38,000 | 0 | 0.00 KM |
| Upper Camden Street | £ 340,000 | 0 | 0.00 KM |
| Albion Road | £ 0 | 0 | 0.00 KM |
| Cecil Street | £ 169,950 | 0 | 0.00 KM |
| Charlotte Street | £ 250,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Little Bedford Street, North Shields | £ 150,000 | BUY | 4 / 10 | 0.00 KM |
| Saville Street, North Shields | £ 115,000 | BUY | Unknown | 0.06 KM |
| Union Street, North Shields, Tyne and Wear | £ 139,950 | BUY | 5 / 10 | 0.08 KM |
| Camden Square, North Shields | £ 195,000 | BUY | 6 / 10 | 0.13 KM |
| Little Bedford Street, North Shields | £ 199,950 | BUY | 5 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 111a Bedford Street | £ 22,500 | 0.01 KM |
| 109a Bedford Street | £ 90,000 | 0.01 KM |
| 111 Bedford Street | £ 120,000 | 0.01 KM |
| 110 Bedford Street | £ 75,000 | 0.01 KM |
| 113a Bedford Street | £ 114,000 | 0.01 KM |