Calf Close Lane, Jarrow, Tyne and Wear, NE32
By Chase Holmes
£ 69,950
Reviews
2 out of 5 stars
Chase Holmes says ..
Welcome to this first floor flat, perfectly nestled in Calf Close Lane, Jarrow. Offering a perfect opportunity for a first-time buyer or investor.
Property Oracle says ..
This two-bedroom property located in Jarrow, Tyne and Wear, presents itself as an opportunity within the affordable housing market. The location offers relative proximity to local schools and the Fellgate Metro station, improving accessibility. However, the property requires some modernisation and upgrades. The interior pictures reveal a need for cosmetic improvements in the kitchen and bathroom, which are dated and require some attention. The garden is present but needs significant maintenance. The asking price of £69,950 seems justifiable considering the condition of the property and prices of comparable properties in the surrounding areas. Potential buyers should budget for renovation costs and factor these into their overall purchase decision. The property would be well-suited to first-time buyers looking for an affordable entry point into the property market, or investors prepared to carry out improvements to increase rental yield or sale price. Overall, it represents a viable option for individuals willing to undertake refurbishment work.
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
- 4
- Location
- 6
- Land
- 5
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 780.00
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
- 410,714.00 £Increased by 0.52 %
- Est sale value
- 327,600.00 £Increased by 4.48 %
- Average area rental value
- 1,363.00 £/moDecreased by 8.52 %
- Est letting value
- 780.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.98 %Decreased by 9.13 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Chase Holmes marked this listing as sold.
Chase Holmes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Joseph'S Catholic Primary School, Jarrow | Academy Converter | 0.52 KM | |
| Primrose Centre | Children's Centre | 0.81 KM | |
| Fellgate Primary School | Community School | Requires improvement | 0.91 KM |
| Hedworthfield Primary School | Community School | Good | 0.92 KM |
| Valley View Primary School | Community School | Outstanding | 0.98 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Calder Green | £ 0 | 0 | 0.00 KM |
| Moorside | £ 0 | 0 | 0.00 KM |
| Hillcrest | £ 0 | 0 | 0.00 KM |
| Parkfield | £ 117,475 | 0 | 0.00 KM |
| Leam Lane | £ 185,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Heworth | 7766 | HEW | 7.96 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lea Avenue, Jarrow | £ 155,000 | BUY | 7 / 10 | 0.22 KM |
| Lea Avenue, Jarrow, NE32 | £ 145,000 | BUY | 7 / 10 | 0.27 KM |
| Trent Drive, ., Jarrow, Tyne and Wear, NE32 4DY | £ 126,000 | BUY | 6 / 10 | 0.30 KM |
| Calf Close Lane, Jarrow, Tyne and Wear, NE32 4DX | £ 155,995 | BUY | 7 / 10 | 0.30 KM |
| Trent Drive, ., Jarrow, Tyne and Wear, NE32 4DY | £ 125,000 | BUY | 6 / 10 | 0.30 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 4 Lea Avenue | £ 124,000 | 0.22 KM |
| 12 Lea Avenue | £ 88,950 | 0.24 KM |
| 8 Lea Avenue | £ 87,000 | 0.24 KM |
| 5 Kennet Avenue | £ 90,000 | 0.31 KM |
| 12 Kennet Avenue | £ 80,000 | 0.31 KM |