Orchard Terrace, Throckley, Newcastle upon Tyne, NE15
BO

Orchard Terrace, Throckley, Newcastle upon Tyne, NE15

By Bowes Mitchell

£ 75,000

Reviews

3 out of 5 stars

Bowes Mitchell says ..

*** Attention Investors - tenanted two bedroom terrace home with a yield of over 9% ***

Property Oracle says ..

This two-bedroom terraced house in Throckley, Newcastle upon Tyne, is listed at £75,000. The property is situated on Orchard Terrace, a street with an average house price of £87,475. While this suggests potential value, further assessment is needed due to the absence of square footage data. The property’s location is favorable, offering a balance of tranquility and accessibility. Throckley Primary School, rated ‘Outstanding’ by Ofsted, is conveniently close. Transport links to Newcastle might require car use. Based on the provided images, the interior is habitable and relatively modern, though minor cosmetic improvements could enhance its aesthetic appeal. The bathroom shows some age and could use an upgrade. The outside space comprises a modest garden with a paved patio area. While small, it provides useful outdoor space. Overall, this property presents itself as an affordable option in a desirable location, however, potential buyers should carefully consider the property size (currently unknown) and factor in the cost of minor improvements before making an offer. The lack of precise square footage details and other significant details hinder a more precise valuation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
2
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
461,500.00 £
Decreased by 11.66 %
from 522,407.00 £
Average area rental value
2,092.00 £/mo
Decreased by 23.65 %
from 2,740.00 £/mo
Est rental Yield
5.44 %
Decreased by 13.51 %
from 6.29 %
Crime Rate
58.00 %
Unchanged by 0.00 %
from 58.00 %

Agent Activity

  • Bowes Mitchell marked this listing as sold.

  • Bowes Mitchell created the listing.

Nearby Schools

NameTypeOfstedDistance
Throckley Primary SchoolFoundation SchoolOutstanding0.68 KM
Walbottle AcademyAcademy Sponsor Led1.53 KM
NewburnChildren's Centre Linked Site1.81 KM
Newburn Manor Nursery SchoolLocal Authority Nursery SchoolOutstanding1.90 KM
Newburn Manor Primary SchoolFoundation SchoolGood2.00 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Orchard Terrace £ 87,47500.00 KM
Back Victoria Terrace £ 98,00000.00 KM
Portland Road £ 000.00 KM
St Mary's Place £ 139,97500.00 KM
Hazel Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Blaydon7503BLO5.70 KM
Wylam7514WYM6.86 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
4 Orchard Terrace £ 54,0000.00 KM
9 Orchard Terrace £ 93,0000.02 KM
19 Orchard Terrace £ 72,0000.02 KM
23 Orchard Terrace £ 100,0000.02 KM
11 Orchard Terrace £ 110,0000.02 KM