South Burn Terrace, New Herrington, Houghton Le Spring, Tyne and Wear, DH4 7AW
PA

South Burn Terrace, New Herrington, Houghton Le Spring, Tyne and Wear, DH4 7AW

By Pattinson Estate Agents

£ 35,000

Reviews

2 out of 5 stars

Pattinson Estate Agents says ..

**GROUND FLOOR FLAT**TWO BEDROOMS**NORTH/WEST FACING REAR YARD**POTENTIAL RENTAL INCOME OF £500/£550**WALKING DISTANCE TO HERRINGTON COUNTRY PARK** Pattinson Estate Agents are pleased to market this ground floor, located in the popular area of New Herrington, Houghton Le Spring. Idea...

Property Oracle says ..

This property is a two-bedroom ground floor flat located in New Herrington, Tyne and Wear. The property is listed at £35,000, significantly below the average price for the area (£174,939). While the average price per sqft in the area is £204, the listing does not provide sqft for this property, making a direct comparison impossible. The property appears to be in need of significant modernisation and renovation, as evidenced by the dated interior finishes and fixtures shown in the photos. The exterior is a typical terraced property for the area. There is a small yard to the rear. The location is close to several primary and secondary schools, all rated as ‘Good’ by Ofsted. This is a positive aspect for families. However, information on nearby transportation links is missing. Given the condition of the property and the significant price difference compared to other properties in the area, potential buyers should carefully assess the cost of necessary renovations before making an offer.

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
8
Condition
3
Location
6
Land
2
Bedrooms
2
Bathrooms
1

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
163,932.00 £
Decreased by 14.20 %
from 191,059.00 £
Average area rental value
598.00 £/mo
Decreased by 27.07 %
from 820.00 £/mo
Est rental Yield
4.38 %
Decreased by 14.95 %
from 5.15 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Shiney Row Primary SchoolCommunity SchoolGood0.86 KM
Barnwell AcademyAcademy ConverterGood1.18 KM
New Penshaw AcademyAcademy Sponsor LedGood1.49 KM
Our Lady Queen Of Peace Catholic Primary SchoolAcademy Converter1.58 KM
Newbottle Primary AcademyAcademy ConverterGood1.68 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Calamint Crescent £ 000.00 KM
Connaught Close £ 000.00 KM
Peachleaf Lane £ 000.00 KM
Chislehurst Road £ 000.00 KM
Goodrich Close £ 270,00000.00 KM

Nearby Properties

AddressPriceDistance
24 Millers Hill £ 43,0000.03 KM
23 Millers Hill £ 55,0000.03 KM
28 Millers Hill £ 57,5000.03 KM
16 Millers Hill £ 59,0000.04 KM
5 Millers Hill £ 65,0000.04 KM