Michael Poole says ..
Offered For Sale with A 75% Shared Ownership, This Semi Detached Bungalow Is Located Within a Quiet Close in Redcar. Nicely Positioned on An Enviable Corner Plot Offering Lovely Gardens and Generous Off Street Parking. This Property Can Be Purchased Only By Purchasers Over 55 Years Old. E...
Property Oracle says ..
This 2-bedroom semi-detached bungalow in St. Josephs Court, Redcar, is presented for sale under a 75% shared ownership scheme and is marketed for buyers over 55. The property benefits from a convenient location near schools, including the Outstanding Newcomen Primary School, and Redcar Central train station. The interior is clean and relatively well-maintained. The property includes a small-to-medium sized garden, as well as off-street parking. The kitchen appears functional and clean, and the overall condition is reasonable, although the decor may need updating to the buyer’s taste. The property is marketed at £86,250, which is in line with the local average prices considering it is a shared ownership property that limits the pool of potential buyers. Nearby comparable properties, though lacking exact sqft data, are listed at significantly higher prices, likely indicating that this listing represents a lower-cost option due to the shared ownership model and the age restrictions attached to it. Potential buyers should fully understand the implications of shared ownership before making an offer.
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
- 6
- Location
- 7
- Land
- 5
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 731.95
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Metrics Year-on-Year
- Average area value
- 157,942.00 £Increased by 5.45 %
- Est sale value
- 144,194.15 £Decreased by 1.01 %
- Average area rental value
- 886.00 £/moIncreased by 16.58 %
- Est letting value
- 731.95 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.73 %Increased by 10.51 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Michael Poole marked this listing as sold.
Michael Poole created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Benedict'S Catholic Primary School | Academy Converter | Good | 0.20 KM |
| Sacred Heart Catholic Secondary | Academy Converter | Requires improvement | 0.28 KM |
| Newcomen Primary School | Community School | Outstanding | 0.47 KM |
| Outwood Academy Redcar | Academy Sponsor Led | 0.70 KM | |
| Redcar Coast Surestart Children'S Centre | Children's Centre | 0.79 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Corporation Road | £ 280,000 | 0 | 0.00 KM |
| Haweswater Road | £ 0 | 0 | 0.00 KM |
| Honister Road | £ 0 | 0 | 0.00 KM |
| Priory Grove | £ 260,000 | 0 | 0.00 KM |
| Windermere Avenue | £ 120,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Redcar Central | 7950 | RCC | 0.94 KM |
| Redcar East | 7974 | RCE | 2.81 KM |
| Redcar British Steel | 7932 | RBS | 3.87 KM |
| Longbeck | 7978 | LGK | 5.76 KM |
| Marske | 7928 | MSK | 7.01 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| St. Josephs Court, Redcar, North Yorkshire, TS10 | £ 130,000 | BUY | 7 / 10 | 0.02 KM |
| Thames Road, Redcar | £ 150,000 | BUY | 6 / 10 | 0.05 KM |
| Thames Road, Redcar, TS10 | £ 169,995 | BUY | 6 / 10 | 0.08 KM |
| Mersey Road, Redcar, TS10 1LU | £ 199,995 | BUY | 6 / 10 | 0.14 KM |
| Thames Road, Redcar, North Yorkshire, TS10 | £ 105,000 | BUY | Unknown | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 50 St Josephs Court | £ 107,000 | 0.02 KM |
| 38 St Josephs Court | £ 99,000 | 0.02 KM |
| 2 St Josephs Court | £ 125,000 | 0.02 KM |
| 4 St Josephs Court | £ 115,000 | 0.02 KM |
| 56 St Josephs Court | £ 71,000 | 0.02 KM |