Oban Terrace, Gateshead, Tyne and Wear, NE10
BR

Oban Terrace, Gateshead, Tyne and Wear, NE10

By Bridgfords

£ 55,000

Reviews

2 out of 5 stars

Bridgfords says ..

*** EXCELLENT INVESTMENT OPPORTUNITY *** We bring to the market this ground floor flat in need of some refurbishment. The property benefits from two bedrooms, lounge , kitchen, plus family bathroom. Externally there is a paved front garden leading to inner hallway allowing spacious accommodation....

Property Oracle says ..

This two-bedroom terraced house in Gateshead, Tyne and Wear, presents as a potential investment opportunity, but requires considerable work. The property is located near several well-regarded primary schools, offering a family-friendly aspect. Transport links exist via nearby train stations, although the walking distance is substantial. The current condition of the property is fair, but significant updating of the kitchen and bathroom are required, along with general modernisation. The small rear yard is currently cluttered and overgrown and in need of attention. The asking price is relatively low and may be attractive to cash buyers or those with renovation experience seeking a project. The lack of local comparable properties makes definitive value assessment challenging. Potential buyers should conduct thorough inspections and obtain independent valuations before making an offer. Due to the need for renovation the absence of property details such as square footage and plot size makes a precise evaluation difficult.

Therefore, we give this property 4 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

Price
7
Condition
5
Location
4
Land
1
Bedrooms
2
Bathrooms
1

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

  • Bridgfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Bede Children'S CentreChildren's Centre Linked Site0.51 KM
St Wilfrid'S Roman Catholic Voluntary Aided Primary SchoolVoluntary Aided SchoolGood0.51 KM
Bede Community Primary SchoolCommunity SchoolGood0.56 KM
Falla Park Community Primary SchoolCommunity SchoolGood0.73 KM
Gateshead Children'S Centre @ DeckhamChildren's Centre0.81 KM

Images

Picture No. 10 Picture No. 03 Picture No. 04 Picture No. 02 Picture No. 06 Picture No. 05 Picture No. 01 Picture No. 11

Nearby Streets

NameAverage PriceAverage SqftDistance
Churchill Road £ 125,00000.00 KM
Swan Crescent £ 95,00000.00 KM
Sir Godfrey Thompson Court £ 000.00 KM
Coldwell Lane £ 150,00000.00 KM
Lanercost Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW2.56 KM
Manors7603MAS3.57 KM
Newcastle7728NCL4.56 KM
Dunston7744DOT7.00 KM
Metrocentre7725MCE9.61 KM

Nearby Listings

AddressPriceScoreDistance
Oban Terrace, Gateshead, Tyne and Wear, NE10 £ 75,000Unknown0.00 KM
Oban Terrace, Gateshead, Tyne and Wear, NE10 £ 55,0004 / 100.00 KM
Oban Terrace, Gateshead, NE10 £ 75,000Unknown0.03 KM
St. James Court, Gateshead £ 119,950Unknown0.20 KM
Churchill Road, Gateshead, NE8 £ 120,000Unknown0.29 KM

Nearby Properties

AddressPriceDistance
5 Oban Terrace £ 55,0000.00 KM
11 Oban Terrace £ 157,5000.00 KM
7 Oban Terrace £ 73,0000.00 KM
2 Oban Terrace £ 72,5000.00 KM
21 Oban Terrace £ 56,0000.00 KM