Tyne Street, Chopwell, Newcastle Upon Tyne
JA

Tyne Street, Chopwell, Newcastle Upon Tyne

By Jan Forster Estates

£ 50,000

Reviews

2 out of 5 stars

Jan Forster Estates says ..

This two-bedroom, mid-terrace property offers a great investment opportunity, is currently tenanted and achieving a rental income of £500.00 per calendar month. Chopwell is well known for its green spaces, including Chopwell Wood, a large area of forest and woodland ideal for walking, c...

Property Oracle says ..

This two-bedroom terraced house in Chopwell, Tyne and Wear, is listed at £50,000. The property’s location offers a balance between village life and access to larger urban areas. Chopwell Primary School is within walking distance, making it potentially attractive to families. However, public transport links to broader employment centers may be limited.

Based on the provided photographs, the property appears to be structurally sound but requires some modernisation. The interior needs cosmetic improvements, and some areas may require minor repairs or upgrades. The small backyard is a positive feature, although its size is not specified.

The list price of £50,000 seems reasonable in the context of other properties in the area, although a precise comparison is difficult due to the lack of consistent square footage data in the provided nearby listings. Some comparable properties are priced higher, while others are lower, suggesting the £50,000 price point falls within a reasonable range for a property of this type and condition in Chopwell. Potential buyers should factor in the costs of renovation and modernisation when assessing the overall value.

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
6
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
176,429.00 £
Decreased by 14.37 %
from 206,040.00 £
Est sale value
107,596.65 £
Decreased by 30.00 %
from 153,709.50 £
Average area rental value
675.00 £/mo
Increased by 8.52 %
from 622.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.59 %
Increased by 26.80 %
from 3.62 %
Crime Rate
71.00 %
Unchanged by 0.00 %
from 71.00 %

Agent Activity

  • Jan Forster Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Chopwell Primary SchoolCommunity SchoolGood0.41 KM
Chopwell And Highfield Children'S CentreChildren's Centre Linked Site0.41 KM
High Spen Primary SchoolCommunity SchoolGood3.54 KM
Bishop Ian Ramsey Cofe Primary SchoolAcademy Sponsor Led3.93 KM
Ebchester Cofe Primary SchoolVoluntary Controlled SchoolGood4.04 KM

Images

Front External Lounge Bedroom One Bedroom Two

Nearby Streets

NameAverage PriceAverage SqftDistance
Prince Street £ 000.00 KM
Hall Road £ 000.00 KM
Thames Street £ 000.00 KM
Elizabeth Street £ 87,50000.00 KM
Owen Terrace £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Wylam7514WYM6.08 KM
Prudhoe7509PRU7.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
Tyne Street, Chopwell, Newcastle Upon Tyne £ 74,950BUY6 / 100.00 KM
Tyne Street, Chopwell, Newcastle Upon Tyne £ 73,500BUY6 / 100.00 KM
Wear Street, Chopwell, Newcastle upon Tyne £ 65,000BUY5 / 100.06 KM
Wear Street, Chopwell, Newcastle upon Tyne, NE17 £ 60,000BUY6 / 100.07 KM
Derwent Street, Newcastle upon Tyne, NE17 £ 65,000BUYUnknown0.11 KM

Nearby Properties

AddressPriceDistance
11 Tyne Street £ 62,5000.01 KM
3 Tyne Street £ 16,0000.01 KM
8 Tyne Street £ 37,5000.01 KM
8 Wear Street £ 54,0000.03 KM
21 Wear Street £ 41,0000.03 KM