Consett Road, Lobley Hill, Gateshead, Tyne And Wear, NE11
BE

Consett Road, Lobley Hill, Gateshead, Tyne And Wear, NE11

By Belle Vue Estates

£ 195,000

Reviews

2 out of 5 stars

Belle Vue Estates says ..

***NO ONWARD CHAIN***Sitting on a good size plot opposite Emmanuel College and also Watergate park in Lobley Hill. This deceptively spacious FOUR bedroom property offers a fabulous opportunity to create a home for a growing family. Offering off road parking for several vehicles, garage & gardens.

Property Oracle says ..

This four-bedroom semi-detached house on Consett Road, Lobley Hill, Gateshead, presents a mixed bag of opportunities and challenges for prospective buyers. The property’s major asset is undoubtedly its location. Its proximity to Emmanuel College, an outstanding secondary school, and Watergate Park significantly enhances its appeal to families. Public transport links to both Gateshead and Newcastle city centres are also within reach.

However, the property’s condition requires careful consideration. The provided photographs reveal a need for significant refurbishment throughout. The kitchen and bathroom appear dated, and the interior décor suggests the property hasn’t been updated in some time. Prospective buyers should budget for substantial renovation costs.

The property includes a garden, providing outdoor space. The photos suggest that it is of average size; neither particularly large nor small.

The asking price is £195,000. While some nearby properties are listed at higher or lower prices, reflecting the condition, the presence of four bedrooms, and off-street parking make this price comparatively reasonable within the broader Gateshead market, particularly considering its location.

Overall, this property presents a substantial renovation project with considerable potential. The location, however, makes it a promising investment for buyers willing to undertake the necessary work. A full survey and professional valuation are essential before committing to a purchase to accurately determine the actual costs involved in bringing the property up to current standards.

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
5
Bedrooms
4
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
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Belle Vue Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Emmanuel CollegeCity Technology CollegeOutstanding0.14 KM
Lobley Hill Primary SchoolCommunity SchoolGood0.45 KM
St Philip Neri Catholic Primary School, DunstonAcademy Converter1.66 KM
Dunston Hill Community Primary SchoolCommunity SchoolGood1.79 KM
Kingsmeadow Community Comprehensive SchoolCommunity SchoolGood1.97 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Tanfield Railway Path £ 115,00000.00 KM
Coach Road £ 240,00000.00 KM
Normount Road £ 350,00000.00 KM
Wilson Street £ 180,00000.00 KM
Norwood Road £ 255,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Dunston7744DOT1.43 KM
Metrocentre7725MCE3.60 KM
Newcastle7728NCL4.37 KM
Manors7603MAS5.66 KM
Blaydon7503BLO8.50 KM

Nearby Properties

AddressPriceDistance
21 Consett Road £ 185,0000.00 KM
39 Consett Road £ 215,0000.00 KM
51 Consett Road £ 54,0000.00 KM
3 Consett Road £ 119,0000.00 KM
14 Alwinton Gardens £ 146,5000.20 KM