Shipcote Terrace, Gateshead, NE8
SA

Shipcote Terrace, Gateshead, NE8

By Sarah Mains Residential Sales and Lettings

£ 94,950

Reviews

3 out of 5 stars

Sarah Mains Residential Sales and Lettings says ..

Situated within a popular, well-established residential area, this well presented first-floor flat on Shipcote Terrace offers the perfect opportunity for first time buyers or investors alike. The living space includes a lounge with a focal point feature fireplace set to the chi...

Property Oracle says ..

This three-bedroom apartment is located in Gateshead, Tyne and Wear. The property benefits from being close to several primary schools, with Gibside School (Outstanding Ofsted rating) being particularly noteworthy. Transport links appear reasonable, with several train stations within a few kilometers. The apartment itself seems to be in good condition, with recent renovations or updates evident in the provided images. While the images do not show a garden, there is evidence of a rear yard or small outdoor space. The list price of £94,950 is significantly below the average house price in the area (£275,146), making it potentially good value for money, especially considering the relatively good condition and proximity to schools and transport. However, the lack of square footage data makes a definitive price-per-square-foot comparison impossible.

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
9
Condition
8
Location
7
Land
3
Bedrooms
3
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
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Sarah Mains Residential Sales and Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
South Street Community Primary SchoolCommunity SchoolRequires improvement0.18 KM
Gibside SchoolCommunity Special SchoolOutstanding0.60 KM
ShoshanimOther Independent School0.67 KM
The Gateshead Cheder Primary SchoolOther Independent SchoolInadequate0.79 KM
Keser Torah Boys' SchoolOther Independent SchoolGood0.84 KM

Images

External Lounge Kitchen Bathroom Landing Lounge Bedroom One Bedroom One Bedroom Two Bedroom Two Bedroom Three Bedroom Three Rear Yard External Yard Yard Parking Access Parking Access External External External

Nearby Streets

NameAverage PriceAverage SqftDistance
South Street £ 000.00 KM
Cramer Street £ 000.00 KM
Shipcote Terrace £ 000.00 KM
Cromwell Street £ 430,00000.00 KM
Devon Gardens £ 310,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS2.51 KM
Newcastle7728NCL2.94 KM
Heworth7766HEW4.52 KM
Dunston7744DOT5.02 KM
Metrocentre7725MCE7.67 KM

Nearby Listings

AddressPriceTypeScoreDistance
Shipcote Terrace, Gateshead, NE8 £ 94,950BUY6 / 100.00 KM
Shipcote Terrace, Gateshead, Tyne and Wear, NE8 £ 75,000BUY5 / 100.09 KM
Shipcote Terrace, Gateshead, NE8 £ 95,000BUY6 / 100.09 KM
Chandos Street, Gateshead £ 74,950BUY5 / 100.09 KM
Chandos Street, Gateshead £ 79,950BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
280 Old Durham Road £ 80,0000.03 KM
49 Shipcote Terrace £ 52,5000.09 KM
16 Shipcote Terrace £ 105,0000.09 KM
5 Shipcote Terrace £ 50,0000.09 KM
39 Shipcote Terrace £ 65,0000.09 KM