Madras Street, South Shields, Tyne And Wear, NE34
RP

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 %
from 162,684.00 £
Est sale value
79,920.00 £
Decreased by 37.93 %
from 128,760.00 £
Average area rental value
700.00 £/mo
Increased by 3.86 %
from 674.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
9.60 %
Increased by 93.16 %
from 4.97 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • RPRS created the listing.

Nearby Schools

NameTypeOfstedDistance
Monkton Infants' SchoolAcademy ConverterGood0.35 KM
Lord Blyton Primary SchoolCommunity SchoolGood0.67 KM
Biddick Hall Junior SchoolCommunity SchoolGood0.72 KM
Biddick Hall And WhietleasChildren's Centre0.73 KM
Biddick Hall Infants' SchoolCommunity SchoolGood0.74 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hartford Road £ 90,00000.00 KM
Ruskin Crescent £ 000.00 KM
Hymers Avenue £ 000.00 KM
John Reid Road Cycleway £ 140,00000.00 KM
Henderson Road £ 116,87500.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Madras Street, South Shields £ 60,250BUY6 / 100.00 KM
Madras Street, South Shields, Tyne And Wear, NE34 £ 75,000BUY4 / 100.00 KM
Madras Street, South Shields £ 90,000BUY6 / 100.02 KM
Wenlock Road, South Shields £ 75,000BUY5 / 100.06 KM
Ebchester Street, South Shields, Tyne and Wear, NE34 9AN £ 165,000BUY6 / 100.15 KM

Nearby Properties

AddressPriceDistance
9 Madras Street £ 60,0000.00 KM
20 Madras Street £ 56,5000.00 KM
11 Madras Street £ 42,0000.02 KM
7 Madras Street £ 58,0000.02 KM
4 Madras Street £ 28,5000.02 KM