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 %
- Average area rental value
- 598.00 £/moDecreased by 27.07 %
- Est rental Yield
- 4.38 %Decreased by 14.95 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Pattinson Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Shiney Row Primary School | Community School | Good | 0.86 KM |
| Barnwell Academy | Academy Converter | Good | 1.18 KM |
| New Penshaw Academy | Academy Sponsor Led | Good | 1.49 KM |
| Our Lady Queen Of Peace Catholic Primary School | Academy Converter | 1.58 KM | |
| Newbottle Primary Academy | Academy Converter | Good | 1.68 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Calamint Crescent | £ 0 | 0 | 0.00 KM |
| Connaught Close | £ 0 | 0 | 0.00 KM |
| Peachleaf Lane | £ 0 | 0 | 0.00 KM |
| Chislehurst Road | £ 0 | 0 | 0.00 KM |
| Goodrich Close | £ 270,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| South Burn Terrace, New Herrington, Houghton Le Spring, Tyne and Wear, DH4 7AW | £ 35,000 | BUY | 4 / 10 | 0.00 KM |
| Meadow Terrace, Houghton Le Spring, Tyne and Wear, DH4 | £ 70,000 | BUY | Unknown | 0.06 KM |
| Millers Hill, Houghton le Spring, Tyne and Wear, DH4 7AJ | £ 99,950 | BUY | 5 / 10 | 0.10 KM |
| Tivoli Buildings, Houghton le Spring, Tyne and Wear, DH4 | £ 150,000 | BUY | 4 / 10 | 0.10 KM |
| South Burn Terrace, New Herrington, Houghton-le-Spring | £ 62,500 | BUY | 6 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 Millers Hill | £ 43,000 | 0.03 KM |
| 23 Millers Hill | £ 55,000 | 0.03 KM |
| 28 Millers Hill | £ 57,500 | 0.03 KM |
| 16 Millers Hill | £ 59,000 | 0.04 KM |
| 5 Millers Hill | £ 65,000 | 0.04 KM |