Gosforth Terrace, Pelaw, NE10
By Sarah Mains Residential Sales and Lettings
£ 70,000
Reviews
2 out of 5 stars
Sarah Mains Residential Sales and Lettings says ..
A lovely two-bedroom lower flat, situated on the ever-popular Gosforth Terrace in Pelaw. The property enjoys an enviable position close to a wide range of local amenities including well-regarded schools, nearby supermarkets, convenience stores, cafés and takeaways. Exce...
Property Oracle says ..
This is a two-bedroom apartment in Gosforth Terrace, Pelaw, Gateshead. The property is listed for £70,000 by Sarah Mains Residential Sales and Lettings. The apartment’s location offers convenient access to local schools and transportation, including the Heworth Metro station. While the property appears to be in reasonable condition, some modernisation would be beneficial, particularly in the bathroom and kitchen. A notable drawback is the limited outdoor space, with only a small front garden and no apparent back garden. Considering the price and the condition, this property could be a good opportunity for first-time buyers or investors willing to undertake some renovation work. The average price for similar properties in the area is slightly higher, suggesting this apartment is competitively priced.
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
- 8
- Condition
- 5
- Location
- 6
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 265,000.00 £Increased by 2.60 %
- Average area rental value
- 1,270.00 £/moDecreased by 15.05 %
- Est rental Yield
- 5.75 %Decreased by 17.27 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Sarah Mains Residential Sales and Lettings created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Alban'S Catholic Primary School, Pelaw | Academy Converter | 0.17 KM | |
| Wardley Primary School | Community School | Good | 0.96 KM |
| Heworth Grange School | Academy Sponsor Led | 1.12 KM | |
| Bill Quay Primary School | Community School | Good | 1.16 KM |
| West Walker Primary School | Academy Converter | Good | 1.22 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grasmere Avenue | £ 0 | 0 | 0.00 KM |
| Birch Avenue | £ 250,000 | 0 | 0.00 KM |
| Yelverton Crescent | £ 0 | 0 | 0.00 KM |
| Grange Crescent | £ 0 | 0 | 0.00 KM |
| Dovercourt Road | £ 95,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Heworth | 7766 | HEW | 1.13 KM |
| Manors | 7603 | MAS | 6.67 KM |
| Newcastle | 7728 | NCL | 7.92 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Gosforth Terrace, Gateshead, NE10 | £ 75,000 | BUY | 6 / 10 | 0.00 KM |
| Gosforth Terrace, Pelaw, NE10 | £ 70,000 | BUY | 5 / 10 | 0.00 KM |
| Gosforth Terrace, Gateshead | £ 85,000 | BUY | 6 / 10 | 0.01 KM |
| Duke Street, Gateshead | £ 155,000 | BUY | 7 / 10 | 0.09 KM |
| Tyne View Gardens, Pelaw, NE10 | £ 120,000 | BUY | 7 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Gosforth Terrace | £ 63,500 | 0.01 KM |
| 20 Gosforth Terrace | £ 75,000 | 0.01 KM |
| 14 Gosforth Terrace | £ 84,500 | 0.01 KM |
| 4 Gosforth Terrace | £ 91,000 | 0.01 KM |
| 12 Gosforth Terrace | £ 79,000 | 0.01 KM |