Foster Drive, Gateshead, NE8
MC

Foster Drive, Gateshead, NE8

By McGowan Housing

£ 105,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 2 Bedroom Flat | Well-Maintained Property | Likely to attract enquiries from Serious Investors & Developers| Prime Rental Location Gateshead

Property Oracle says ..

This two-bedroom apartment in Gateshead, Tyne and Wear is listed at £105,000. Located on Foster Drive within the Bridges area, it’s part of a residential development. The property’s interior is presented well, with a functional layout including an open-plan living/dining area and a separate kitchen and bathroom. While the property features a modern and clean interior, the bathroom shows signs that could benefit from modernisation. The apartment benefits from being relatively close to local primary schools, such as Bede Community Primary and St Wilfrid’s RC Primary, as well as several train stations providing transport links to Newcastle and beyond. However, a major drawback is the lack of private outdoor space, with the property offering virtually no garden or land. The overall impression is that this is a functional apartment suitable for individuals or couples but limited outdoor space is likely to impact potential buyer interest. The property’s price seems in-line with other similar properties in the area, with a fair level of value for money overall given the location, lack of outdoor space and interior condition. Potential buyers should consider their individual priorities when assessing this property, particularly if garden space is a high priority.

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
7
Condition
6
Location
6
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
608.16

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
131,874.00 £
Decreased by 12.47 %
from 150,654.00 £
Est sale value
103,387.20 £
Decreased by 10.53 %
from 115,550.40 £
Average area rental value
1,083.00 £/mo
Increased by 0.65 %
from 1,076.00 £/mo
Est letting value
608.16 £/mo
Unchanged by 0.00 %
from 608.16 £/mo
Est rental Yield
9.85 %
Increased by 14.94 %
from 8.57 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Bede Community Primary SchoolCommunity SchoolGood0.48 KM
St Wilfrid'S Roman Catholic Voluntary Aided Primary SchoolVoluntary Aided SchoolGood0.55 KM
Bede Children'S CentreChildren's Centre Linked Site0.55 KM
The Gateshead Cheder Primary SchoolOther Independent SchoolInadequate1.25 KM
Gateshead Children'S Centre @ DeckhamChildren's Centre1.33 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Grand Central Way £ 000.00 KM
Kings Close £ 000.00 KM
Elliot Road £ 000.00 KM
Churchill Road £ 125,00000.00 KM
Highfield Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS2.53 KM
Heworth7766HEW3.47 KM
Newcastle7728NCL3.58 KM
Dunston7744DOT6.27 KM
Metrocentre7725MCE8.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Foster Drive, Gateshead, NE8 £ 105,000BUY5 / 100.00 KM
Foster Drive, St James Village £ 105,000BUY6 / 100.00 KM
Foster Drive, St James Village, Gateshead, NE8 £ 95,000BUY6 / 100.00 KM
Foster Drive, St James Village, Gateshead £ 97,250BUYUnknown0.00 KM
Foster Drive, St James Village, Gateshead, NE8 £ 95,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
58 Foster Drive £ 104,0000.00 KM
16 Foster Drive £ 76,0000.00 KM
70 Foster Drive £ 116,9500.00 KM
6 Foster Drive £ 190,0000.00 KM
94 Foster Drive £ 155,0000.00 KM