Lemon Street, South Shields
AN

Lemon Street, South Shields

By Andrew Craig

£ 60,000

Reviews

1 out of 5 stars

Andrew Craig says ..

This ground floor flat in Tyne Dock presents an excellent investment opportunity, ideal for rental potential or as a first time buy. Offered with no onward chain and vacant possession, the property is conveniently located close to a variety of local amenities, including shops on Stanhope Road and...

Property Oracle says ..

This property is a two-bedroom flat located on Lemon Street in South Shields, Tyne and Wear. The list price is £60,000. The property is in need of some modernisation and updating, as seen in the images provided. The average price for properties in the area is significantly higher at £482,757, with an average price per square foot of £342. This flat is considerably smaller than average at 488 sqft. While the location benefits from relatively close proximity to several primary schools, the lack of land and the need for renovations should be considered.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
3
Condition
4
Location
6
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
488.30

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
410,714.00 £
Increased by 0.52 %
from 408,604.00 £
Est sale value
205,086.00 £
Increased by 4.48 %
from 196,296.60 £
Average area rental value
1,363.00 £/mo
Decreased by 8.52 %
from 1,490.00 £/mo
Est letting value
488.30 £/mo
Unchanged by 0.00 %
from 488.30 £/mo
Est rental Yield
3.98 %
Decreased by 9.13 %
from 4.38 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Andrew Craig created the listing.

Nearby Schools

NameTypeOfstedDistance
Ss Peter And Paul Catholic Primary School, South ShieldsAcademy Converter0.15 KM
Stanhope Primary SchoolCommunity SchoolGood0.37 KM
All Saints CentreChildren's Centre0.53 KM
Autismable CicSpecial Post 16 Institution0.86 KM
Ashley Primary SchoolCommunity SchoolRequires improvement0.92 KM

Images

 (Main) Lounge Bedroom One Front Hallway Kitchen Lounge Bathroom Bedroom Two

Nearby Streets

NameAverage PriceAverage SqftDistance
Belle Vue Crescent £ 45,00000.00 KM
Union Street £ 000.00 KM
The Staithes £ 000.00 KM
Egerton Road £ 000.00 KM
Temple Street £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lemon Street, South Shields £ 60,000BUY3 / 100.00 KM
Olive Street, South Shields £ 30,250BUY4 / 100.03 KM
Olive Street, South Shields, NE33 £ 54,950BUY5 / 100.03 KM
Olive Street, South Shields £ 65,000BUYUnknown0.03 KM
Olive Street, South Shields £ 45,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
50 Olive Street £ 46,5000.03 KM
10 Olive Street £ 29,0000.03 KM
36 Olive Street £ 54,0000.03 KM
48 Olive Street £ 61,0000.03 KM
15 Olive Street £ 58,0000.03 KM