Madras Street, South Shields, Tyne And Wear, NE34
By RPRS
£ 60,000
Reviews
2 out of 5 stars
RPRS says ..
A three bedroom terraced house in need of modernisation
Property Oracle says ..
This three-bedroom terraced house in South Shields presents a mixed bag. Located in the Simonside and Rekendyke area, it benefits from its proximity to well-regarded primary schools, making it potentially attractive to families. However, the property is in significant need of renovation. The photos clearly depict a property requiring extensive work throughout, including plastering, flooring, kitchen and bathroom upgrades, and potentially external repairs. The small, unlandscaped yard offers minimal outdoor space. While the list price of £60,000 is relatively low for a three-bedroom house in the area, prospective buyers must factor in the substantial costs associated with the necessary renovations. The property could represent a good investment opportunity for someone with the skills and resources to undertake a full refurbishment, but it’s not suitable for immediate occupancy. The lack of detail regarding transport links and the overall character of the immediate neighborhood slightly limits the assessment of its location. Overall, this property is a fixer-upper requiring significant financial commitment and hands-on work.
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
- 7
- Condition
- 4
- Location
- 6
- Land
- 2
- Bedrooms
- 3
- Bathrooms
- 0
- Sqft (est)
- 740.00
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
- 87,500.00 £Decreased by 46.21 %
- Est sale value
- 79,920.00 £Decreased by 37.93 %
- Average area rental value
- 700.00 £/moIncreased by 3.86 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 9.60 %Increased by 93.16 %
- Crime Rate
- 24.00 %Unchanged by 0.00 %
Agent Activity
RPRS created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Monkton Infants' School | Academy Converter | Good | 0.35 KM |
| Lord Blyton Primary School | Community School | Good | 0.67 KM |
| Biddick Hall Junior School | Community School | Good | 0.72 KM |
| Biddick Hall And Whietleas | Children's Centre | 0.73 KM | |
| Biddick Hall Infants' School | Community School | Good | 0.74 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hartford Road | £ 90,000 | 0 | 0.00 KM |
| Ruskin Crescent | £ 0 | 0 | 0.00 KM |
| Hymers Avenue | £ 0 | 0 | 0.00 KM |
| John Reid Road Cycleway | £ 140,000 | 0 | 0.00 KM |
| Henderson Road | £ 116,875 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Madras Street, South Shields | £ 60,250 | BUY | 6 / 10 | 0.00 KM |
| Madras Street, South Shields, Tyne And Wear, NE34 | £ 75,000 | BUY | 4 / 10 | 0.00 KM |
| Madras Street, South Shields | £ 90,000 | BUY | 6 / 10 | 0.02 KM |
| Wenlock Road, South Shields | £ 75,000 | BUY | 5 / 10 | 0.06 KM |
| Ebchester Street, South Shields, Tyne and Wear, NE34 9AN | £ 165,000 | BUY | 6 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Madras Street | £ 60,000 | 0.00 KM |
| 20 Madras Street | £ 56,500 | 0.00 KM |
| 11 Madras Street | £ 42,000 | 0.02 KM |
| 7 Madras Street | £ 58,000 | 0.02 KM |
| 4 Madras Street | £ 28,500 | 0.02 KM |