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 %
- Est sale value
- 168,805.00 £Increased by 9.05 %
- Average area rental value
- 1,270.00 £/moDecreased by 15.05 %
- Est letting value
- 637.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.75 %Decreased by 17.27 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Pure Investor created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Glynwood Community Primary School | Community School | Outstanding | 0.48 KM |
| Carr Hill Community Primary School | Community School | Good | 1.10 KM |
| River Tyne Academy Gateshead | Academy Alternative Provision Sponsor Led | 1.12 KM | |
| Cardinal Hume Catholic School | Academy Converter | Outstanding | 1.19 KM |
| Larkspur Community Primary School | Community School | Good | 1.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Glendale Gardens | £ 250,000 | 0 | 0.00 KM |
| Church Lane | £ 215,000 | 0 | 0.00 KM |
| Sourmilk Hill Lane | £ 435,000 | 0 | 0.00 KM |
| Southway | £ 0 | 0 | 0.00 KM |
| Buttermere Gardens | £ 237,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Heworth | 7766 | HEW | 3.58 KM |
| Manors | 7603 | MAS | 4.63 KM |
| Newcastle | 7728 | NCL | 5.09 KM |
| Dunston | 7744 | DOT | 6.56 KM |
| Chester-Le-Street | 7736 | CLS | 9.13 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Charnwood Gardens, Gateshead, Tyne And Wear, NE9 | £ 250,000 | BUY | 6 / 10 | 0.00 KM |
| Charnwood Gardens, Gateshead, Tyne And Wear, NE9 | £ 120,000 | BUY | 7 / 10 | 0.00 KM |
| Southend Road, Sheriff Hill, Gateshead, NE9 | £ 125,000 | BUY | 6 / 10 | 0.07 KM |
| Southend Road, Gateshead, Tyne and Wear, NE9 | £ 150,000 | BUY | 5 / 10 | 0.12 KM |
| Blacklock Close, Sheriff Hill, NE9 | £ 85,000 | BUY | 7 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 29 Charnwood Gardens | £ 87,000 | 0.00 KM |
| 38 Charnwood Gardens | £ 32,000 | 0.00 KM |
| 28 Charnwood Gardens | £ 60,000 | 0.00 KM |
| 30 Charnwood Gardens | £ 87,000 | 0.00 KM |
| 31 Charnwood Gardens | £ 100,000 | 0.00 KM |