Iona Road , Windy Nook, Gateshead
By Safe & Secure Properties
£ 79,950
Reviews
2 out of 5 stars
Safe & Secure Properties says ..
Safe and Secure welcome to the market this Two Bedroom Ground Floor Flat in the popular area of Iona Road, Windy Nook. This spacious home benefits from gas central heating and double glazing. The property is currently tenanted and would make a good investment for property investors and landlords....
Property Oracle says ..
This two-bedroom ground floor flat located on Iona Road in Windy Nook, Gateshead, is currently listed for £79,950. The property is presented as a potential investment opportunity due to its current tenanted status. The property’s location offers relative proximity to schools and train stations, providing a degree of convenience. However, the level of amenities in the immediate vicinity requires further investigation. The visual assessment of the property, based on the supplied photographs, suggests a condition that is adequate, but not exceptional. The kitchen and bathroom appear dated and may benefit from modernisation. The small rear yard provides limited outdoor space. The list price aligns with the range of prices observed for comparable properties in the area, bearing in mind the lack of precise square footage and wide range of prices for very similar properties in the immediate vicinity. Potential buyers should conduct a thorough inspection and take into consideration the current rental market, along with the need for potential refurbishment costs. Prospective purchasers should conduct their own investigations before making any purchase decisions. Ultimately, the property offers a viable option, especially for buy-to-let investors. However, it is essential to thoroughly assess all factors and conduct due diligence before a purchase commitment is made.
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
- 5
- Location
- 6
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 265,000.00 £Increased by 2.60 %
- Average area rental value
- 1,270.00 £/moDecreased by 15.05 %
- Est rental Yield
- 5.75 %Decreased by 17.27 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Safe & Secure Properties created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Carr Hill Community Primary School | Community School | Good | 0.45 KM |
| Gateshead Children'S Centre @ Deckham | Children's Centre | 0.47 KM | |
| Falla Park Community Primary School | Community School | Good | 0.76 KM |
| River Tyne Academy Gateshead | Academy Alternative Provision Sponsor Led | 0.98 KM | |
| Furrowfield School | Community Special School | Good | 1.16 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ruskin Road | £ 0 | 0 | 0.00 KM |
| Lanercost Gardens | £ 0 | 0 | 0.00 KM |
| Crossway | £ 129,950 | 0 | 0.00 KM |
| Queen Elizabeth Avenue | £ 0 | 0 | 0.00 KM |
| Brettanby Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Heworth | 7766 | HEW | 2.80 KM |
| Manors | 7603 | MAS | 4.11 KM |
| Newcastle | 7728 | NCL | 4.86 KM |
| Dunston | 7744 | DOT | 6.86 KM |
| Metrocentre | 7725 | MCE | 9.57 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Iona Road , Windy Nook, Gateshead | £ 79,950 | BUY | 5 / 10 | 0.00 KM |
| Iona Road, Deckham, Gateshead | £ 55,000 | BUY | 5 / 10 | 0.00 KM |
| Carr Hill Road, Gateshead, Tyne and Wear, NE9 | £ 85,000 | BUY | 5 / 10 | 0.16 KM |
| St Albans Crescent, Windy Nook, Gateshead, NE10 | £ 120,000 | BUY | 6 / 10 | 0.17 KM |
| Arran Gardens, Gateshead, NE10 | £ 100,000 | BUY | 5 / 10 | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 51 Iona Road | £ 79,500 | 0.00 KM |
| 29 Iona Road | £ 22,800 | 0.00 KM |
| 19 Iona Road | £ 80,000 | 0.00 KM |
| 21 Iona Road | £ 48,000 | 0.00 KM |
| 17 Iona Road | £ 67,000 | 0.00 KM |