Iona Road , Windy Nook, Gateshead
SA

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

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
265,000.00 £
Increased by 2.60 %
from 258,279.00 £
Average area rental value
1,270.00 £/mo
Decreased by 15.05 %
from 1,495.00 £/mo
Est rental Yield
5.75 %
Decreased by 17.27 %
from 6.95 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Safe & Secure Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
Carr Hill Community Primary SchoolCommunity SchoolGood0.45 KM
Gateshead Children'S Centre @ DeckhamChildren's Centre0.47 KM
Falla Park Community Primary SchoolCommunity SchoolGood0.76 KM
River Tyne Academy GatesheadAcademy Alternative Provision Sponsor Led0.98 KM
Furrowfield SchoolCommunity Special SchoolGood1.16 KM

Images

kitchen external lounge bed 1 bed 3 kitchen 2 bed 2 bathroom yard IMG_8726

Nearby Streets

NameAverage PriceAverage SqftDistance
Ruskin Road £ 000.00 KM
Lanercost Gardens £ 000.00 KM
Crossway £ 129,95000.00 KM
Queen Elizabeth Avenue £ 000.00 KM
Brettanby Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW2.80 KM
Manors7603MAS4.11 KM
Newcastle7728NCL4.86 KM
Dunston7744DOT6.86 KM
Metrocentre7725MCE9.57 KM

Nearby Listings

AddressPriceTypeScoreDistance
Iona Road , Windy Nook, Gateshead £ 79,950BUY5 / 100.00 KM
Iona Road, Deckham, Gateshead £ 55,000BUY5 / 100.00 KM
Carr Hill Road, Gateshead, Tyne and Wear, NE9 £ 85,000BUY5 / 100.16 KM
St Albans Crescent, Windy Nook, Gateshead, NE10 £ 120,000BUY6 / 100.17 KM
Arran Gardens, Gateshead, NE10 £ 100,000BUY5 / 100.19 KM

Nearby Properties

AddressPriceDistance
51 Iona Road £ 79,5000.00 KM
29 Iona Road £ 22,8000.00 KM
19 Iona Road £ 80,0000.00 KM
21 Iona Road £ 48,0000.00 KM
17 Iona Road £ 67,0000.00 KM