Worsdell Drive, Gateshead, Tyne And Wear, NE8
MC

Worsdell Drive, Gateshead, Tyne And Wear, NE8

By McGowan Housing

£ 151,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 2 Bedroom Flat | 2 Piece Bathroom | Spacious Rooms | Prime Rental Location Within Gateshead

Property Oracle says ..

This two-bedroom, two-bathroom apartment in Gateshead, Tyne and Wear is situated in a modern development. The property benefits from a relatively convenient location near Newcastle city centre and several transportation links including train stations and a Metro station. While the proximity to several schools adds to its family appeal, some nearby schools have been rated as inadequate. The apartment itself appears to be in reasonable, though not excellent condition. The kitchen and bathrooms look modern, but the rest of the apartment seems lived-in, suggesting potential for improvements. The significant drawback is the lack of private outdoor space, a common feature of apartment living. The list price seems reasonable when compared to similar properties in the area, though a detailed comparison across square footage for those properties would yield greater accuracy. Overall, this apartment may appeal to first-time buyers, investors, or those seeking convenient city living. However, potential buyers should thoroughly inspect the property, address potential cosmetic upgrades, and factor in the lack of private outdoor space.

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
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
728.39

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
123,826.30 £
Decreased by 10.53 %
from 138,394.10 £
Average area rental value
1,083.00 £/mo
Increased by 0.65 %
from 1,076.00 £/mo
Est letting value
728.39 £/mo
Unchanged by 0.00 %
from 728.39 £/mo
Est rental Yield
9.85 %
Increased by 14.94 %
from 8.57 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
North East Futures UtcUniversity Technical College0.75 KM
Tashbar Boys NurseryOther Independent School0.80 KM
Matov Children'S CentreChildren's Centre Linked Site0.88 KM
Gateshead Jewish Nursery SchoolOther Independent SchoolInadequate0.88 KM
St Joseph'S Catholic Primary School, GatesheadAcademy Converter1.03 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Gateshead Station West Bridge Number 307 £ 140,00000.00 KM
B1600 £ 000.00 KM
High Level Bridge £ 207,37500.00 KM
Askew Road £ 000.00 KM
Gateshead Highway £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.96 KM
Manors7603MAS1.14 KM
Dunston7744DOT3.88 KM
Heworth7766HEW6.13 KM
Metrocentre7725MCE6.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
Worsdell Drive, Gateshead, NE8 £ 145,000BUY5 / 100.00 KM
Worsdell Drive, Gateshead, Tyne And Wear, NE8 £ 151,000BUY5 / 100.00 KM
Cameronian Square, Ochre Yards , Gateshead £ 130,000BUY7 / 100.00 KM
Worsdell Drive, Gateshead, Tyne And Wear, NE8 £ 140,000BUY8 / 100.00 KM
31 Cameronian Square, Worsdell Drive, Gateshead, Tyne And Wear, NE8 2DB £ 75,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
28 Midlothian Court £ 181,9950.27 KM
41 Midlothian Court £ 168,4950.27 KM
27 Midlothian Court £ 179,9950.27 KM
45 Midlothian Court £ 162,9950.27 KM
43 Midlothian Court £ 117,9950.29 KM