South Parade, Gateshead, Tyne and Wear, NE10 0RX
By Pattinson Estate Agents
£ 75,000
Reviews
2 out of 5 stars
Pattinson Estate Agents says ..
SPACIOUS LOWER FLAT | TWO DOUBLE BEDROOMS | POPULAR LOCATION | CLOSE TO AMENITIES & PUBLIC TRANSPORT Pattinson Estate Agents welcome to the market this Two Bedroom Lower Flat located on South Parade, Bill Quay, Gateshead. Ideally located for a range of schools, the property is also lo...
Property Oracle says ..
This two-bedroom ground floor flat in Gateshead, Tyne and Wear, is situated in a location that provides access to local amenities, schools, and transport links. The proximity to Heworth Metro Station makes commuting easier. Several schools, including some with good Ofsted ratings, are within walking distance, making it potentially suitable for families.
However, the property’s condition needs a thorough review. The interior images show dated décor, worn flooring, and a need for modernisation throughout. The kitchen and bathroom appear functional but are quite old and would benefit from an update. The overall impression is that the property requires significant refurbishment. The exterior seems relatively sound and well-maintained, but minor repairs may be needed. The small, unkempt outdoor area is not considered a substantial garden.
The listed price appears reasonable for the area, accounting for its condition and potential for renovations. It could represent good value for a buyer looking for a project, but the renovation costs would need careful evaluation against the expected increase in property value after improvement. A thorough survey and cost estimate for renovations are highly recommended before making any offer.
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
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 617.85
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
- 163,730.25 £Increased by 9.05 %
- Average area rental value
- 1,270.00 £/moDecreased by 15.05 %
- Est letting value
- 617.85 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.75 %Decreased by 17.27 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Pattinson Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bill Quay Primary School | Community School | Good | 0.20 KM |
| Wardley Primary School | Community School | Good | 0.77 KM |
| St Alban'S Catholic Primary School, Pelaw | Academy Converter | 0.87 KM | |
| West Walker Primary School | Academy Converter | Good | 1.24 KM |
| Lingey House Primary School | Community School | Outstanding | 1.34 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Davidson Road | £ 0 | 0 | 0.00 KM |
| Woods Green | £ 144,975 | 0 | 0.00 KM |
| The Mews | £ 0 | 0 | 0.00 KM |
| A195 | £ 157,500 | 0 | 0.00 KM |
| Standfield Gardens | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Heworth | 7766 | HEW | 2.07 KM |
| Manors | 7603 | MAS | 7.64 KM |
| Newcastle | 7728 | NCL | 8.90 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Chesterwood Terrace, Pelaw, Gateshead, NE10 | £ 215,000 | BUY | 6 / 10 | 0.08 KM |
| South Parade, Gateshead, Tyne and Wear, NE10 | £ 140,000 | BUY | Unknown | 0.08 KM |
| Station Road, Bill Quay, NE10 | £ 95,000 | BUY | 6 / 10 | 0.15 KM |
| Station Road, Bill Quay, NE10 | £ 99,950 | BUY | 6 / 10 | 0.16 KM |
| Station Road, Bill Quay | £ 90,000 | BUY | 6 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 4 Dene Gardens | £ 165,000 | 0.05 KM |
| 2 Dene Gardens | £ 168,500 | 0.05 KM |
| 3 Chesterwood Terrace | £ 108,000 | 0.06 KM |
| 1 Chesterwood Terrace | £ 68,500 | 0.06 KM |
| 10 Chesterwood Terrace | £ 130,000 | 0.06 KM |