Derwent Street, Newcastle upon Tyne, Tyne and Wear, NE15 6NT
PA

Derwent Street, Newcastle upon Tyne, Tyne and Wear, NE15 6NT

By Pattinson Estate Agents

£ 90,000

Reviews

2 out of 5 stars

Pattinson Estate Agents says ..

To be sold via online auction fees apply For Sale by Auction online unconditional auction terms and conditions apply – Three-Bedroom Period Terraced House on Derwent Street, Benwell An exciting opportunity to acquire this charming three-bedroom period terraced house located on the highly so...

Property Oracle says ..

This three-bedroom terraced house in Benwell & Scotswood, Newcastle upon Tyne, presents a mixed bag of features. The property is within walking distance of several schools, including Bridgewater Primary School which has an ‘Outstanding’ Ofsted rating, which is positive for families. The proximity to public transport links, including the Metrocentre, is also a notable advantage. However, the location itself is less desirable than many areas in Newcastle. The property clearly needs significant modernization. The provided photographs reveal dated fixtures and fittings, requiring a complete overhaul of the kitchen and bathroom, as well as redecoration throughout. The small rear garden offers some outdoor space, but its size and current condition are modest. The house is listed at £90,000, which, despite the required work, appears competitive relative to other properties on Derwent Street, though a more comprehensive comparison with local prices per square foot would be beneficial. Overall, buyers should consider that while this property offers a possible entry point to the Newcastle market with potential for improvement, the costs of renovations should be factored into any offer. The property could be a good investment for someone willing to handle a major refurbishment, but it’s not a move-in-ready property.

Therefore, we give this property 4 / 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
3
Bedrooms
3
Bathrooms
1
Sqft (est)
968.75

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
680,998.00 £
Decreased by 7.75 %
from 738,203.00 £
Est sale value
518,281.25 £
Increased by 80.13 %
from 287,718.75 £
Average area rental value
1,898.00 £/mo
Decreased by 25.22 %
from 2,538.00 £/mo
Est letting value
968.75 £/mo
Unchanged by 0.00 %
from 968.75 £/mo
Est rental Yield
3.34 %
Decreased by 19.13 %
from 4.13 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Pattinson Estate Agents marked this listing as sold.

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Bridgewater Primary SchoolFoundation SchoolOutstanding0.32 KM
St Cuthbert'S High SchoolAcademy ConverterRequires improvement0.88 KM
St Joseph'S Catholic Primary School, BenwellAcademy Converter1.12 KM
Stocksfield Avenue Primary SchoolAcademy ConverterGood1.20 KM
Hadrian SchoolFoundation Special SchoolOutstanding1.32 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Wayside £ 90,00000.00 KM
Westacre Gardens £ 155,00000.00 KM
Macdonald Road £ 000.00 KM
Violet Close £ 000.00 KM
Loweswater Road £ 142,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Metrocentre7725MCE1.83 KM
Blaydon7503BLO4.02 KM
Dunston7744DOT4.48 KM
Newcastle7728NCL6.57 KM
Manors7603MAS7.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
Armstrong Road, Newcastle Upon Tyne, NE15 £ 175,000BUY5 / 100.13 KM
Walwick Fell, The Rise, Newcastle Upon Tyne, NE15 £ 125,000BUY7 / 100.15 KM
Walwick Fell, Newcastle upon Tyne, NE15 £ 150,000BUY8 / 100.16 KM
Featherwood Avenue, The Rise, Newcastle Upon Tyne £ 200,000BUYUnknown0.17 KM
Featherwood Avenue, The Rise, Newcastle upon Tyne, NE15 £ 220,000BUYUnknown0.17 KM

Nearby Properties

AddressPriceDistance
8 Derwent Street £ 64,0000.05 KM
22 Derwent Street £ 98,5000.05 KM
4 Derwent Street £ 60,0000.05 KM
13 Sandhoe Gardens £ 135,0000.13 KM
19 Sandhoe Gardens £ 47,5000.14 KM