Axwell Terrace, Swalwell, Newcastle upon Tyne, Tyne and wear, NE16 3JS
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Axwell Terrace, Swalwell, Newcastle upon Tyne, Tyne and wear, NE16 3JS

By Pattinson Estate Agents

£ 60,000

Reviews

3 out of 5 stars

Pattinson Estate Agents says ..

Fantastic investment opportunity to purchase this two bedroom ground floor flat in Swalwell. This property offers good size living accommodation and is being sold with a tenant currently paying £6600 per annum. Located close to local shops, schools and excellent bus and road links into Gate...

Property Oracle says ..

This two-bedroom ground floor flat in Swalwell, Tyne and Wear, presents a compelling investment opportunity, particularly due to its existing tenant yielding an annual rental income of £6,600. Located on Axwell Terrace, the property benefits from a convenient position near local amenities, including shops and well-regarded primary schools. Public transport and road connections to Newcastle and Gateshead are also readily available. The property itself appears structurally sound, though some cosmetic enhancements could improve its overall appeal. The presence of a small front garden is a standard feature for terraced properties in the area. The list price reflects the current market dynamics for comparable properties in the locale, with several listed at similar or slightly varying prices. Overall, while additional information such as the exact square footage would provide a more detailed evaluation, this property’s strong rental income and decent location suggest considerable potential for both investors and potential homeowners.

Therefore, we give this property 6 / 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
4
Bedrooms
2
Bathrooms
1

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
275,146.00 £
Increased by 3.06 %
from 266,976.00 £
Average area rental value
1,163.00 £/mo
Decreased by 15.60 %
from 1,378.00 £/mo
Est rental Yield
5.07 %
Decreased by 18.09 %
from 6.19 %
Crime Rate
21.00 %
Unchanged by 0.00 %
from 21.00 %

Agent Activity

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Front Street Community Primary SchoolCommunity SchoolOutstanding0.64 KM
Swalwell Primary SchoolCommunity SchoolRequires improvement0.85 KM
Whickham SchoolAcademy ConverterGood1.31 KM
Fellside Community Primary SchoolCommunity SchoolOutstanding1.51 KM
St Mary'S Roman Catholic Primary SchoolVoluntary Aided SchoolGood1.94 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Valley Drive £ 155,00000.00 KM
Park View £ 200,00000.00 KM
Milton Road £ 150,00000.00 KM
School Street £ 000.00 KM
George Street £ 120,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Metrocentre7725MCE2.22 KM
Blaydon7503BLO3.44 KM
Dunston7744DOT4.71 KM
Newcastle7728NCL7.66 KM
Manors7603MAS9.12 KM

Nearby Listings

AddressPriceTypeScoreDistance
Axwell Terrace, Swalwell, Newcastle upon Tyne, Tyne and wear, NE16 3JS £ 60,000BUY6 / 100.00 KM
Rosebud Close, Swalwell, Newcastle upon Tyne, NE16 £ 110,000BUY7 / 100.07 KM
Rosebud Close, Swalwell, Newcastle upon Tyne, NE16 £ 195,000BUY7 / 100.07 KM
Rosebud Close, Swalwell, NE16 £ 160,000BUY5 / 100.07 KM
Rosebud Close, Swalwell, NE16 £ 185,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
1 Rosebud Close £ 184,6600.08 KM
27 Rosebud Close £ 86,0000.08 KM
12 Rosebud Close £ 175,0000.08 KM
37 Rosebud Close £ 91,0000.08 KM
8 Rosebud Close £ 153,0000.08 KM