Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £57...
Property Oracle says ..
This is a two-bedroom flat located on Reading Road in South Shields. The property is situated in a convenient location, close to local schools and amenities. While the interior appears functional, it would benefit from modernisation. The flat is listed at £57,000, which is significantly below the average property price in the area, suggesting good value for money, even factoring in potential renovation costs. The lack of private outdoor space is a drawback.
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
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 108,927.00 £Decreased by 39.45 %
- Average area rental value
- 831.00 £/moDecreased by 0.60 %
- Est rental Yield
- 9.15 %Increased by 63.98 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Mortimer Community College | Community School | Good | 0.11 KM |
| Mortimer Primary School | Community School | Outstanding | 0.27 KM |
| Park View School | Community Special School | Good | 0.59 KM |
| Riverside Children'S Centre | Children's Centre | 0.60 KM | |
| Ashley Primary School | Community School | Requires improvement | 0.75 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Greta Gardens | £ 0 | 0 | 0.00 KM |
| Oxford Avenue | £ 0 | 0 | 0.00 KM |
| Dean Road | £ 0 | 0 | 0.00 KM |
| West Stainton Street | £ 0 | 0 | 0.00 KM |
| Harton Lane | £ 349,995 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sunderland | 7640 | SUN | 9.85 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Reading Road, South Shields | £ 57,000 | BUY | 5 / 10 | 0.00 KM |
| Reading Road, South Shields | £ 191,000 | BUY | Unknown | 0.00 KM |
| Reading Road, South Shields | £ 285,000 | BUY | Unknown | 0.03 KM |
| Newbury Street, South Shields, Tyne and Wear, NE33 4UE | £ 255,000 | BUY | Unknown | 0.06 KM |
| Reading Road, South Shields | £ 85,000 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Reading Road | £ 26,000 | 0.00 KM |
| 34 Reading Road | £ 167,000 | 0.00 KM |
| 24 Reading Road | £ 95,000 | 0.04 KM |
| 26 Reading Road | £ 60,000 | 0.04 KM |
| 14 Reading Road | £ 69,000 | 0.04 KM |