Chestnut Avenue, Newcastle upon Tyne, NE5
BE

Chestnut Avenue, Newcastle upon Tyne, NE5

By Bettermove

£ 70,000

Reviews

2 out of 5 stars

Bettermove says ..

A two bedroom Flat in Newcastle, available CHAIN FREE and TENANTED for IMMEDIATE investment. Call for details! Bettermove are proud to present this 2 bedroom Flat in the sought after area of Newcastle, available with no forward chain. The property benefits from double g...

Property Oracle says ..

This two-bedroom terraced house in Blakelaw, Newcastle upon Tyne, presents a mixed bag. The property is located reasonably close to both public transport options and schools, making it potentially attractive to families or commuters. However, the Blakelaw area has lower average house prices than many more desirable areas in the City.

Internally, the property needs modernisation. The decor is dated, with some finishes that show wear and tear. The kitchen and bathroom specifically show signs of age and require upgrading. The provided photographs show this wear and tear. The interior layout seems functional but may not be ideal for some buyers.

Externally, the property includes a modest garden, which is a welcome feature and is larger than most in the area. The property is a terraced property and is located on Chestnut Avenue where comparable properties can be found.

Overall, this property could represent good value for money, particularly for investors, but needs significant work before it could be considered ‘move-in ready’. Prospective buyers should approach this property with a realistic view of the necessary renovations and improvements required.

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
5
Location
4
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
731.95
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Leaflet © OpenStreetMap contributors

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
461,500.00 £
Decreased by 11.66 %
from 522,407.00 £
Est sale value
309,614.85 £
Decreased by 35.42 %
from 479,427.25 £
Average area rental value
2,092.00 £/mo
Decreased by 23.65 %
from 2,740.00 £/mo
Est letting value
731.95 £/mo
Decreased by 66.67 %
from 2,195.85 £/mo
Est rental Yield
5.44 %
Decreased by 13.51 %
from 6.29 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Bettermove created the listing.

Nearby Schools

NameTypeOfstedDistance
Fenham And North Fenham Children'S CentreChildren's Centre Linked Site1.12 KM
Sacred Heart Primary SchoolAcademy Converter1.12 KM
Sacred Heart Catholic High SchoolAcademy ConverterOutstanding1.19 KM
Dame Allan'S Senior SchoolOther Independent School1.27 KM
Newcastle Bridges SchoolAcademy Alternative Provision Converter1.28 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Eastern Way £ 000.00 KM
Elder Grive £ 172,00000.00 KM
Fenham Hall Drive £ 135,00000.00 KM
The Green £ 190,00000.00 KM
Westgate Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Metrocentre7725MCE3.92 KM
Dunston7744DOT5.02 KM
Newcastle7728NCL5.12 KM
Manors7603MAS6.15 KM
Blaydon7503BLO6.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chestnut Avenue, Newcastle upon Tyne, NE5 £ 70,000BUY5 / 100.00 KM
Fouracres Road, Newcastle upon Tyne, Tyne and Wear, NE5 £ 45,000BUYUnknown0.22 KM
Fouracres Road, Cowgate, Newcastle Upon Tyne £ 95,000BUYUnknown0.28 KM
Ponteland Road, Newcastle Upon Tyne, NE5 £ 95,000BUYUnknown0.35 KM
Moorvale Lane, Newcastle upon Tyne, Tyne and Wear, NE5 £ 165,000BUY6 / 100.39 KM

Nearby Properties

AddressPriceDistance
57 Chestnut Avenue £ 51,0000.00 KM
73 Chestnut Avenue £ 60,2500.00 KM
37 Chestnut Avenue £ 28,0000.00 KM
39 Chestnut Avenue £ 45,0000.00 KM
65 Chestnut Avenue £ 20,5000.00 KM