McGowan Housing says ..
Buy-to-Let Opportunity | Tenants Currently Situated | 2-Bedroom Flat | Well-Maintained Property | The property features a small, well-maintained garden | conveniently located close to the high street, reputable schools, and excellent public transport links | Prime Rental Location- Ryton
Property Oracle says ..
This property is a 2-bedroom flat located in Ryton, Tyne and Wear. The area has a mix of property types, with nearby detached houses selling for significantly higher prices (between £299,995 and £369,995). Other flats in the immediate vicinity have sold for prices ranging from £20,000 to £67,500, suggesting a wide price range in the local market. The property appears to be in good condition based on the provided images, with a modern kitchen and updated interiors. The lack of information regarding plot size and square footage makes it difficult to fully assess the value. However, given the comparables, the list price of £60,000 appears reasonable, especially considering the lower end of the nearby flat sales.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
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
- 308,140.00 £Increased by 14.51 %
- Average area rental value
- 1,000.00 £/moIncreased by 34.77 %
- Est rental Yield
- 3.89 %Increased by 17.52 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
McGowan Housing created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Crookhill Community Primary School | Community School | Good | 1.15 KM |
| Thorp Academy | Academy Sponsor Led | Good | 2.07 KM |
| Ryton Community Infant School | Community School | Good | 2.13 KM |
| Ryton Junior School | Community School | Good | 2.41 KM |
| Newburn | Children's Centre Linked Site | 2.56 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Monarch Grove | £ 0 | 0 | 0.00 KM |
| Constable Close | £ 0 | 0 | 0.00 KM |
| North Grove | £ 0 | 0 | 0.00 KM |
| Argus Gardens | £ 0 | 0 | 0.00 KM |
| Heddon Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Blaydon | 7503 | BLO | 4.89 KM |
| Wylam | 7514 | WYM | 6.39 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ryton, Tyne and Wear NE40 3NL | £ 409,995 | BUY | 7 / 10 | 0.00 KM |
| Ryton, Tyne and Wear NE40 3NL | £ 369,995 | BUY | 7 / 10 | 0.00 KM |
| Ryton, Tyne and Wear NE40 3NL | £ 389,995 | BUY | 7 / 10 | 0.00 KM |
| Ryton, Tyne and Wear NE40 3NL | £ 399,995 | BUY | 6 / 10 | 0.00 KM |
| Ryton, Tyne and Wear NE40 3NL | £ 364,995 | BUY | 7 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 51 Cushycow Lane | £ 67,500 | 0.04 KM |
| 53 Cushycow Lane | £ 47,500 | 0.04 KM |
| 63 Inleborough Drive | £ 58,000 | 0.06 KM |
| 10 Inleborough Drive | £ 54,500 | 0.12 KM |
| 12 Inleborough Drive | £ 20,000 | 0.12 KM |