Ryedale, Wallsend, NE28
MC

Ryedale, Wallsend, NE28

By McGowan Housing

£ 41,000

Reviews

3 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Long-Term Tenant Currently Situated | 1 Bedroom Flat | Long Term Tenant Currently Situated | Easy Access to Local Amenities | Prime Rental Location Within Wallsend

Property Oracle says ..

This one-bedroom apartment in Wallsend, Tyne and Wear, is listed at £41,000. The property is situated in a residential area, Ryedale, that appears relatively quiet and offers proximity to several well-rated primary schools, making it potentially suitable for families. The property includes a noticeably larger than average garden for the location. However, the interior requires significant work. The images showcase a cluttered and unclean interior with noticeable maintenance issues and dated decor. The kitchen and bathroom display a need for renovation and thorough cleaning. The property's price point is noticeably lower than some of the surrounding homes, suggesting potential value for money despite the interior's state; however, the price also reflects the condition and would need a significant outlay to bring up to a marketable standard. Therefore, it could be a suitable investment for someone looking for a renovation project or a buy-to-let opportunity, given the lower initial cost. Buyers should factor in the expense of renovation and modernisation. Therefore, we give this property 6 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

Price
7
Condition
4
Location
6
Land
7
Bedrooms
1
Bathrooms
1
Sqft (est)
244.02

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Redesdale Primary SchoolFoundation SchoolGood0.60 KM
Wallsend Jubilee Primary SchoolFoundation SchoolGood1.32 KM
Ivy Road Primary SchoolFoundation SchoolGood1.82 KM
St Columba'S Catholic Primary School, WallsendAcademy Converter1.85 KM
Percy Hedley Hedleys CollegeSpecial Post 16 InstitutionGood1.90 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Quarry Close £ 000.55 KM
Fallow Park £ 000.60 KM
Beaumont Drive £ 255,00000.66 KM
Benton Crescent £ 245,00000.79 KM
Benton Walk £ 305,95000.83 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW6.13 KM
Manors7603MAS6.71 KM
Newcastle7728NCL8.14 KM

Nearby Listings

AddressPriceScoreDistance
Ryedale, Wallsend, NE28 £ 41,0006 / 100.00 KM
Dalton Court, Hadrian Lodge West, Wallsend £ 130,0005 / 100.11 KM
Rosedale, Wallsend, North Tyneside £ 39,9504 / 100.13 KM
Sutton Court, Hadrian Lodge West, Wallsend £ 149,9506 / 100.17 KM
Rosedale, Wallsend, Tyne and Wear, NE28 £ 160,0006 / 100.19 KM

Nearby Properties

AddressPriceDistance
20 Ryedale £ 51,0000.00 KM
31 Ryedale £ 65,2500.00 KM
22 Ryedale £ 49,5000.00 KM
23 Ryedale £ 39,5000.00 KM
7 Ryedale £ 45,0000.00 KM