Fallowfeld, Leam Lane
AN

Fallowfeld, Leam Lane

By Andrew Craig

£ 99,950

Reviews

2 out of 5 stars

Andrew Craig says ..

An opportunity to purchase a two-bedroom freehold semi-detached home, located on the ever popular desirable Leam Lane development. It presents a fantastic opportunity for first-time buyers or investors seeking a buy-to-let property. The property offers ample potential to create a great home. Th...

Property Oracle says ..

This two-bedroom semi-detached house in Leam Lane, Gateshead offers potential for first-time buyers or investors. Its location presents advantages, namely proximity to schools including Colegate Community Primary School (rated ‘Good’ by Ofsted) and Roman Road Primary School (‘Outstanding’), and Heworth train station. This enhances accessibility to amenities and commutes. However, the property’s condition requires consideration. Images suggest the property needs modernisation. The kitchen and bathroom appear dated and will likely need updates, which should be factored into the overall cost. The small, overgrown garden adds little to the property’s appeal. The asking price of £99,950 aligns with other semi-detached properties in the area. However, a precise comparison is limited due to missing square footage information for nearby properties. Potential buyers should factor in renovation costs and thoroughly assess the property’s condition before purchasing.

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
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
731.95

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 %
from 258,279.00 £
Est sale value
193,966.75 £
Increased by 9.05 %
from 177,863.85 £
Average area rental value
1,270.00 £/mo
Decreased by 15.05 %
from 1,495.00 £/mo
Est letting value
731.95 £/mo
Unchanged by 0.00 %
from 731.95 £/mo
Est rental Yield
5.75 %
Decreased by 17.27 %
from 6.95 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Andrew Craig marked this listing as sold.

  • Andrew Craig created the listing.

Nearby Schools

NameTypeOfstedDistance
St Augustine'S Catholic Primary School, GatesheadAcademy Converter0.28 KM
Leam Lane Children'S CentreChildren's Centre Linked Site0.38 KM
Heworth Grange SchoolAcademy Sponsor Led0.67 KM
Colegate Community Primary SchoolCommunity SchoolGood0.75 KM
Roman Road Primary SchoolCommunity SchoolOutstanding0.93 KM

Images

 (Main) Lounge Garden Kitchen Bedroom Bathroom Bedroom Kitchen Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Underwood £ 70,00000.00 KM
Grange Crescent £ 000.00 KM
Birch Avenue £ 250,00000.00 KM
Grange Crescent £ 000.00 KM
Grasmere Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW1.28 KM
Manors7603MAS7.09 KM
Newcastle7728NCL8.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Underwood, Leam Lane Estate, Gateshead £ 85,000BUY6 / 100.14 KM
Longrigg, Gateshead £ 100,000BUY5 / 100.17 KM
Redemarsh, Leam Lane, Gateshead £ 115,000BUYUnknown0.36 KM
Laverick, Leam Lane, Gateshead, NE10 £ 110,000BUY7 / 100.40 KM
Laburnum Avenue, Heworth, Gateshead £ 199,950BUY6 / 100.41 KM

Nearby Properties

AddressPriceDistance
79 Fallowfeld £ 75,0000.01 KM
72 Fallowfeld £ 38,0000.01 KM
53 Fallowfeld £ 125,0000.01 KM
81 Fallowfeld £ 85,0000.01 KM
60 Fallowfeld £ 78,0000.01 KM