Charnwood Gardens, Gateshead, Tyne And Wear, NE9
PU

Charnwood Gardens, Gateshead, Tyne And Wear, NE9

By Pure Investor

£ 125,000

Reviews

2 out of 5 stars

Pure Investor says ..

Ideal Investment Opportunity | Well Presented | Generating Strong Rental Yield | Current Tenant In Situ | Parking Space Included To The Front Of The Property | Rear Garden Included In Purchase | Long Lease

Property Oracle says ..

This two-bedroom apartment in Charnwood Gardens, Gateshead offers a potentially attractive proposition for first-time buyers or investors. The property’s location provides relatively convenient access to several well-regarded primary and secondary schools and is within commuting distance of several train stations. The interior appears to have undergone some renovations, notably in the kitchen and bathroom, suggesting a degree of modernisation. While the images show a generally acceptable level of finish and presentation, it should be noted that there is some room for further improvement with respect to interior decor and furnishings. The inclusion of a small, decked rear garden represents a definite advantage in a location where such outdoor space may be at a premium. The current list price of £125,000 requires further consideration and detailed analysis using accurate comparative property data in the immediate area to verify this aligns with the current market conditions, particularly considering the lack of precision in square footage for many nearby listings. A professional valuation is recommended to fully understand the market value.

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
2
Bathrooms
1
Sqft (est)
637.00

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
168,805.00 £
Increased by 9.05 %
from 154,791.00 £
Average area rental value
1,270.00 £/mo
Decreased by 15.05 %
from 1,495.00 £/mo
Est letting value
637.00 £/mo
Unchanged by 0.00 %
from 637.00 £/mo
Est rental Yield
5.75 %
Decreased by 17.27 %
from 6.95 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Pure Investor created the listing.

Nearby Schools

NameTypeOfstedDistance
Glynwood Community Primary SchoolCommunity SchoolOutstanding0.48 KM
Carr Hill Community Primary SchoolCommunity SchoolGood1.10 KM
River Tyne Academy GatesheadAcademy Alternative Provision Sponsor Led1.12 KM
Cardinal Hume Catholic SchoolAcademy ConverterOutstanding1.19 KM
Larkspur Community Primary SchoolCommunity SchoolGood1.20 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Glendale Gardens £ 250,00000.00 KM
Church Lane £ 215,00000.00 KM
Sourmilk Hill Lane £ 435,00000.00 KM
Southway £ 000.00 KM
Buttermere Gardens £ 237,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW3.58 KM
Manors7603MAS4.63 KM
Newcastle7728NCL5.09 KM
Dunston7744DOT6.56 KM
Chester-Le-Street7736CLS9.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
Charnwood Gardens, Gateshead, Tyne And Wear, NE9 £ 250,000BUY6 / 100.00 KM
Charnwood Gardens, Gateshead, Tyne And Wear, NE9 £ 120,000BUY7 / 100.00 KM
Southend Road, Sheriff Hill, Gateshead, NE9 £ 125,000BUY6 / 100.07 KM
Southend Road, Gateshead, Tyne and Wear, NE9 £ 150,000BUY5 / 100.12 KM
Blacklock Close, Sheriff Hill, NE9 £ 85,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
29 Charnwood Gardens £ 87,0000.00 KM
38 Charnwood Gardens £ 32,0000.00 KM
28 Charnwood Gardens £ 60,0000.00 KM
30 Charnwood Gardens £ 87,0000.00 KM
31 Charnwood Gardens £ 100,0000.00 KM