Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £93...
Property Oracle says ..
This three-bedroom property located on Henderson Road in South Shields presents a mixed bag of advantages and disadvantages. Its key selling point is its location within the Simonside and Rekendyke area. This area has good access to several well-regarded primary and secondary schools, making it attractive to families. The average house price on Henderson Road itself is around £116,875, indicating that this property might be underpriced, potentially due to the condition of the property. However, a lack of key details like the overall square footage of the house and the plot hampers a complete valuation.
The property itself needs significant modernization. Images reveal dated fixtures and fittings in the kitchen and bathrooms. The interior décor is tired, necessitating significant renovation work before the property could be considered move-in ready. This renovation cost needs to be factored into any prospective buyer’s assessment. The small enclosed garden at the back, along with the paved front garden, offer a little bit of outdoor space, although it is not expansive.
In summary, this property could be a worthwhile investment for a buyer who is willing and able to undertake a full refurbishment. However, the costs associated with bringing it up to a modern standard should be carefully considered alongside its price to determine overall 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
- 6
- Condition
- 4
- Location
- 7
- Land
- 5
- Bedrooms
- 3
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 87,500.00 £Decreased by 46.21 %
- Average area rental value
- 700.00 £/moIncreased by 3.86 %
- Est rental Yield
- 9.60 %Increased by 93.16 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Monkton Academy | Academy Converter | Good | 0.14 KM |
| Lord Blyton Primary School | Community School | Good | 0.47 KM |
| Monkton Infants' School | Academy Converter | Good | 0.70 KM |
| Bede Childrens Centre | Children's Centre | 1.12 KM | |
| Simonside Primary School | Community School | Good | 1.26 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Henderson Road | £ 116,875 | 0 | 0.00 KM |
| Henderson Road | £ 175,000 | 0 | 0.00 KM |
| Hymers Avenue | £ 0 | 0 | 0.00 KM |
| John Reid Road Cycleway | £ 140,000 | 0 | 0.00 KM |
| Taunton Avenue | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Henderson Road, South Shields | £ 93,750 | BUY | 5 / 10 | 0.00 KM |
| Henderson Road, South Shields | £ 140,000 | BUY | Unknown | 0.03 KM |
| Ayrey Avenue, South Shields | £ 159,950 | BUY | Unknown | 0.04 KM |
| Dame Flora Robson Avenue, South Shields, Tyne and Wear, NE34 | £ 170,000 | BUY | 8 / 10 | 0.04 KM |
| Ayrey Avenue, South Shields | £ 139,950 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 93 Dame Flora Robson Avenue | £ 152,500 | 0.05 KM |
| 79 Dame Flora Robson Avenue | £ 155,000 | 0.07 KM |
| 89 Dame Flora Robson Avenue | £ 129,950 | 0.07 KM |
| 40 Henderson Road | £ 65,000 | 0.09 KM |
| 1 Ayrey Avenue | £ 120,000 | 0.11 KM |