Ravensworth Road, Dunston, Gateshead, NE11
YO

Ravensworth Road, Dunston, Gateshead, NE11

By Your Move

£ 79,000

Reviews

2 out of 5 stars

Your Move says ..

INVESTMENT OPPORTUNITY – to be sold with tenant in-situ currently paying £580pcm giving a gross yield of 8.81% against the asking price.

Property Oracle says ..

This property is a three-bedroom terraced house located on Ravensworth Road in Dunston, Gateshead. The property benefits from being close to local amenities and transport links, including Dunston train station which is less than a 0.24km away. There are also several primary schools within a reasonable distance, such as Riverside Primary Academy (0.66km) which has an outstanding Ofsted rating.

Based on the provided images, the property appears to be in fair condition. While there is some minor cosmetic work needed, such as patching some wall damage, it does not appear to require major renovations. The kitchen and bathroom appear functional, though they may benefit from some updating. The property has a small yard, but it does not appear to be a large garden.

Considering the list price of £79,000, the price per sqft is relatively low compared to other properties in the area. However, the condition of the property and the small size of the yard should be taken into consideration when assessing value. Nearby properties on Ravensworth Road have sold for between £56,000 and £87,500, suggesting the list price is within the range of comparable properties. However, more data would be needed to confirm this.

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
6
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
501.60
Lot (est)
734.00

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
265,000.00 £
Increased by 2.60 %
from 258,279.00 £
Est sale value
132,924.00 £
Increased by 9.05 %
from 121,888.80 £
Average area rental value
1,270.00 £/mo
Decreased by 15.05 %
from 1,495.00 £/mo
Est letting value
501.60 £/mo
Unchanged by 0.00 %
from 501.60 £/mo
Est rental Yield
5.75 %
Decreased by 17.27 %
from 6.95 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Your Move created the listing.

Nearby Schools

NameTypeOfstedDistance
St Philip Neri Catholic Primary School, DunstonAcademy Converter0.39 KM
Riverside Primary AcademyAcademy ConverterOutstanding0.66 KM
Dunston Hill Community Primary SchoolCommunity SchoolGood1.34 KM
Cruddas Park Early Years CentreLocal Authority Nursery SchoolGood1.38 KM
Kingsmeadow Community Comprehensive SchoolCommunity SchoolGood1.43 KM

Images

Kitchen Front Elevation Lounge Lounge Bathroom Bedroom Kitchen

Nearby Streets

NameAverage PriceAverage SqftDistance
Clavering Court £ 000.00 KM
Tower Court £ 195,00000.00 KM
Kingsley Place £ 000.00 KM
Ruskin Avenue £ 000.00 KM
Wilson Street £ 180,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Dunston7744DOT0.24 KM
Metrocentre7725MCE2.87 KM
Newcastle7728NCL3.18 KM
Manors7603MAS4.61 KM
Blaydon7503BLO8.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ravensworth Road, Dunston, Gateshead, NE11 £ 79,000BUY5 / 100.00 KM
Ravensworth Road, Gateshead, Tyne and Wear, NE11 £ 75,000BUY5 / 100.03 KM
Clavering Court, Dunston, Gateshead £ 47,300BUYUnknown0.07 KM
Renforth Street, Dunston £ 159,950BUY7 / 100.08 KM
Palatine Place, Dunston, NE11 £ 95,000BUY7 / 100.16 KM

Nearby Properties

AddressPriceDistance
29 Ravensworth Road £ 87,5000.03 KM
25 Ravensworth Road £ 68,0000.03 KM
37 Ravensworth Road £ 75,0000.03 KM
23 Ravensworth Road £ 56,0000.03 KM
35 Ravensworth Road £ 59,9500.03 KM