Calf Close Lane, Jarrow, Tyne and Wear, NE32
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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 %
from 408,604.00 £
Est sale value
327,600.00 £
Increased by 4.48 %
from 313,560.00 £
Average area rental value
1,363.00 £/mo
Decreased by 8.52 %
from 1,490.00 £/mo
Est letting value
780.00 £/mo
Unchanged by 0.00 %
from 780.00 £/mo
Est rental Yield
3.98 %
Decreased by 9.13 %
from 4.38 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Chase Holmes marked this listing as sold.

  • Chase Holmes created the listing.

Nearby Schools

NameTypeOfstedDistance
St Joseph'S Catholic Primary School, JarrowAcademy Converter0.52 KM
Primrose CentreChildren's Centre0.81 KM
Fellgate Primary SchoolCommunity SchoolRequires improvement0.91 KM
Hedworthfield Primary SchoolCommunity SchoolGood0.92 KM
Valley View Primary SchoolCommunity SchoolOutstanding0.98 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Calder Green £ 000.00 KM
Moorside £ 000.00 KM
Hillcrest £ 000.00 KM
Parkfield £ 117,47500.00 KM
Leam Lane £ 185,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW7.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lea Avenue, Jarrow £ 155,000BUY7 / 100.22 KM
Lea Avenue, Jarrow, NE32 £ 145,000BUY7 / 100.27 KM
Trent Drive, ., Jarrow, Tyne and Wear, NE32 4DY £ 126,000BUY6 / 100.30 KM
Calf Close Lane, Jarrow, Tyne and Wear, NE32 4DX £ 155,995BUY7 / 100.30 KM
Trent Drive, ., Jarrow, Tyne and Wear, NE32 4DY £ 125,000BUY6 / 100.30 KM

Nearby Properties

AddressPriceDistance
4 Lea Avenue £ 124,0000.22 KM
12 Lea Avenue £ 88,9500.24 KM
8 Lea Avenue £ 87,0000.24 KM
5 Kennet Avenue £ 90,0000.31 KM
12 Kennet Avenue £ 80,0000.31 KM