Moovd says ..
Guide Price £60,000+ Moovd are delighted to offer this vacant two-bedroom ground floor flat in Dunston, on the outskirts of Gateshead, For Sale via Option A – Unconditional Online Auction on 6th March 2025. The ground floor briefly comprises: entrance hallway, large lounge with ...
Property Oracle says ..
This two-bedroom terraced house on Wellington Road, Dunston, Gateshead, presents a mixed bag of opportunities and challenges. Its location is a definite plus, offering convenient access to schools, transport, and amenities. The proximity to Dunston train station and the A1 motorway adds to its appeal. However, the property’s condition is a major drawback. The provided images reveal a property in need of extensive refurbishment. The interior requires complete modernisation, from flooring and fixtures to the kitchen and bathroom. While the exterior appears structurally sound, the overall condition is significantly below average. The small garden and yard, also requiring work, add little to the property’s current value.
The list price of £60,000 is relatively low considering the location, but the substantial renovation costs must be factored into any potential purchase. A prospective buyer should carefully weigh the costs of bringing the property up to a desirable standard against the potential return on investment. The property is suitable for a buyer with experience in property renovation or a willingness to undertake significant DIY projects. It’s important to obtain a full structural survey to assess any hidden issues and accurately estimate the renovation costs before making an offer.
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
- 6
- Condition
- 3
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 570.49
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
- 265,000.00 £Increased by 2.60 %
- Est sale value
- 151,179.85 £Increased by 9.05 %
- Average area rental value
- 1,270.00 £/moDecreased by 15.05 %
- Est letting value
- 570.49 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.75 %Decreased by 17.27 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Moovd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Riverside Primary Academy | Academy Converter | Outstanding | 0.21 KM |
| Kingsmeadow Community Comprehensive School | Community School | Good | 1.04 KM |
| Dunston Hill Community Primary School | Community School | Good | 1.05 KM |
| St Philip Neri Catholic Primary School, Dunston | Academy Converter | 1.08 KM | |
| Cruddas Park Early Years Centre | Local Authority Nursery School | Good | 1.14 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St Omers Road | £ 0 | 0 | 0.00 KM |
| Ruskin Avenue | £ 0 | 0 | 0.00 KM |
| Kingsley Place | £ 0 | 0 | 0.00 KM |
| Fairfield Close | £ 0 | 0 | 0.00 KM |
| Kingfisher Court | £ 126,250 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Dunston | 7744 | DOT | 0.77 KM |
| Metrocentre | 7725 | MCE | 2.21 KM |
| Newcastle | 7728 | NCL | 3.46 KM |
| Manors | 7603 | MAS | 4.93 KM |
| Blaydon | 7503 | BLO | 7.46 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wellington Road, Gateshead | £ 60,000 | BUY | 5 / 10 | 0.00 KM |
| Wellington Road, Dunston, Gateshead, Tyne and Wear, NE11 9HD | £ 140,000 | BUY | 4 / 10 | 0.04 KM |
| Fowler Gardens, Gateshead, NE11 | £ 105,000 | BUY | Unknown | 0.07 KM |
| Kelvin Gardens, Gateshead, Tyne And Wear, NE11 | £ 110,000 | BUY | 6 / 10 | 0.07 KM |
| Kelvin Gardens, Gateshead, Tyne And Wear, NE11 | £ 100,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 114 Wellington Road | £ 27,000 | 0.05 KM |
| 56 Wellington Road | £ 121,500 | 0.05 KM |
| 60 Wellington Road | £ 87,000 | 0.05 KM |
| 122 Wellington Road | £ 27,000 | 0.05 KM |
| 136 Wellington Road | £ 51,000 | 0.05 KM |