Eglesfield Road, Laygate, South Shields, Tyne and Wear, NE33 5PU
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Eglesfield Road, Laygate, South Shields, Tyne and Wear, NE33 5PU

By Pattinson Estate Agents

£ 90,000

Reviews

2 out of 5 stars

Pattinson Estate Agents says ..

| TWO BEDROOM |TERRACE HOUISE | GAS CENTRAL HEATING | NO ONWARD CHAIN | 360 DEGREE TOUR | We are delighted to offer to the market this two bedroom, two reception room terraced house on the popular Eglesfield Road, South Shields. Originally a pair of flats the the property was converted to a fa...

Property Oracle says ..

This two-bedroom terraced house in Laygate, South Shields, presents a mixed bag of opportunities and challenges for potential buyers. The property’s location in Laygate offers relative proximity to schools, notably Laygate Community School which has a ‘Good’ Ofsted rating. This makes it a potentially appealing option for families. However, the property is in need of substantial modernisation. Outdated carpets and décor are evident in the provided photographs. The kitchen and bathroom require updating, although the bathroom shows some recent improvements. The complete lack of outdoor space is a significant drawback. The list price of £90,000 places it within the range of comparable properties in the neighbourhood; however, the renovation needs will considerably impact the overall cost to a potential buyer. Prospective buyers should budget for substantial refurbishment costs to bring the property to a modern standard. While the location and relatively affordable price point are strengths, the condition and lack of land are significant drawbacks that need to be carefully weighed against the potential upside following renovation.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
1,051.00

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
87,500.00 £
Decreased by 46.21 %
from 162,684.00 £
Est sale value
113,508.00 £
Decreased by 37.93 %
from 182,874.00 £
Average area rental value
700.00 £/mo
Increased by 3.86 %
from 674.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
9.60 %
Increased by 93.16 %
from 4.97 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Pattinson Estate Agents marked this listing as sold.

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Laygate Community SchoolCommunity SchoolGood0.42 KM
Riverside Children'S CentreChildren's Centre0.48 KM
Stanhope Primary SchoolCommunity SchoolGood0.80 KM
Autismable CicSpecial Post 16 Institution0.86 KM
All Saints CentreChildren's Centre0.86 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Jude's Terrace £ 000.00 KM
Dixon Street £ 000.00 KM
Johnson Street £ 000.00 KM
West Park Road £ 91,66700.00 KM
Dean Road £ 000.00 KM

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