McGowan Housing says ..
Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 2 Bedroom Flat | Large Kitchen | Spacious Rooms | Prime Rental Location Within Jarrow
Property Oracle says ..
This 2-bedroom, 1-bathroom flat located in Jarrow, Tyne and Wear, is listed at £70,000. The property boasts 566.94 square feet of living space and a relatively modern interior, evident in the updated kitchen and flooring. Images reveal a clean, functional space. The exterior needs minor updates, and the lack of substantial garden space is notable. The property’s location offers some advantages with proximity to schools and a train station, although further details about the immediate surroundings and amenities are needed for a full assessment. Given the lack of detailed comparable local pricing data, the £70,000 asking price is in line with some neighboring properties, but a more precise evaluation requires additional information on square footage and property condition. Prospective buyers should conduct thorough local market research before making any offer. The property appears suited to first-time buyers or investors looking for a rental opportunity.
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
- 7
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 566.94
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
- 410,714.00 £Increased by 0.52 %
- Est sale value
- 238,114.80 £Increased by 4.48 %
- Average area rental value
- 1,363.00 £/moDecreased by 8.52 %
- Est letting value
- 566.94 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.98 %Decreased by 9.13 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
McGowan Housing created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Fellgate Primary School | Community School | Requires improvement | 0.39 KM |
| St Matthew'S Rc Voluntary Aided Primary School | Voluntary Aided School | Outstanding | 0.48 KM |
| St Joseph'S Catholic Primary School, Jarrow | Academy Converter | 0.73 KM | |
| Primrose Centre | Children's Centre | 1.24 KM | |
| Valley View Primary School | Community School | Outstanding | 1.25 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Leam Lane | £ 185,000 | 0 | 0.00 KM |
| York Avenue | £ 340,000 | 0 | 0.00 KM |
| Calder Green | £ 0 | 0 | 0.00 KM |
| Valley View | £ 0 | 0 | 0.00 KM |
| Swan Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Heworth | 7766 | HEW | 6.96 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Coventry Way, Jarrow, NE32 | £ 70,000 | BUY | 5 / 10 | 0.00 KM |
| Coventry Way, Jarrow, Tyne and Wear, NE32 | £ 92,500 | BUY | 7 / 10 | 0.04 KM |
| Coventry Way, Jarrow, NE32 | £ 180,000 | BUY | 7 / 10 | 0.06 KM |
| Exeter Way, Jarrow, South Tyneside, NE32 | £ 240,000 | BUY | 6 / 10 | 0.08 KM |
| Exeter Way, Jarrow, South Tyneside, NE32 | £ 240,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 35 Coventry Way | £ 92,500 | 0.00 KM |
| 47 Coventry Way | £ 82,000 | 0.00 KM |
| 45 Coventry Way | £ 65,000 | 0.00 KM |
| 42 Coventry Way | £ 90,000 | 0.00 KM |
| 39 Coventry Way | £ 120,500 | 0.00 KM |