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
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Metrics Year-on-Year
- Average area value
- 461,500.00 £Decreased by 11.66 %
- Average area rental value
- 2,092.00 £/moDecreased by 23.65 %
- Est rental Yield
- 5.44 %Decreased by 13.51 %
- Crime Rate
- 58.00 %Unchanged by 0.00 %
Agent Activity
Bowes Mitchell marked this listing as sold.
Bowes Mitchell created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Throckley Primary School | Foundation School | Outstanding | 0.68 KM |
Walbottle Academy | Academy Sponsor Led | 1.53 KM | |
Newburn | Children's Centre Linked Site | 1.81 KM | |
Newburn Manor Nursery School | Local Authority Nursery School | Outstanding | 1.90 KM |
Newburn Manor Primary School | Foundation School | Good | 2.00 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Orchard Terrace | £ 87,475 | 0 | 0.00 KM |
Back Victoria Terrace | £ 98,000 | 0 | 0.00 KM |
Portland Road | £ 0 | 0 | 0.00 KM |
St Mary's Place | £ 139,975 | 0 | 0.00 KM |
Hazel Drive | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Blaydon | 7503 | BLO | 5.70 KM |
Wylam | 7514 | WYM | 6.86 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Orchard Terrace, Throckley, Newcastle upon Tyne, NE15 | £ 75,000 | BUY | 6 / 10 | 0.00 KM |
Stuart Gardens, Throckley, Newcastle Upon Tyne | £ 175,000 | BUY | Unknown | 0.20 KM |
Mount Pleasant Court, Throckley, Newcastle Upon Tyne | £ 125,000 | BUY | Unknown | 0.20 KM |
Wesley Way, Throckley, Newcastle Upon Tyne, NE15 9DP | £ 170,000 | BUY | 6 / 10 | 0.29 KM |
Wesley Way, Throckley, Newcastle upon Tyne, Tyne and Wear, NE15 | £ 194,950 | BUY | 7 / 10 | 0.31 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
4 Orchard Terrace | £ 54,000 | 0.00 KM |
9 Orchard Terrace | £ 93,000 | 0.02 KM |
19 Orchard Terrace | £ 72,000 | 0.02 KM |
23 Orchard Terrace | £ 100,000 | 0.02 KM |
11 Orchard Terrace | £ 110,000 | 0.02 KM |