Joseph Terrace, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7JF
By Pattinson Estate Agents
£ 47,950
Reviews
2 out of 5 stars
Pattinson Estate Agents says ..
Great investment opportunity to purchase this two bedroom mid terrace property located in Chopwell. Once refurbished this property would achieve £550pcm . The property benefits from a small front garden and rear yard. Located close to local shops, schools and with excellent bus and road link...
Property Oracle says ..
This two-bedroom mid-terraced house in Chopwell, Tyne and Wear, is listed at £47,950. The property presents as requiring substantial renovation work. Although some rooms have new flooring, the kitchen and bathroom are dated, and there are indications of incomplete renovations. The exterior also needs attention. The house includes a small front garden and a rear yard, which is a relatively small outdoor space. While not a large property, it is located near local schools, shops, and has acceptable access to transport links. Nearby property prices vary significantly, with some terraced houses selling for much higher and others lower. The proximity to the ‘Good’-rated Chopwell Primary School could appeal to families. The listing suggests a potential rental income of £550pcm post-refurbishment, an aspect potential investors would need to carefully assess given the required work. Overall, the property is suitable for those seeking a renovation project in a fairly convenient residential location. Given the property’s condition, the list price appears relatively reasonable given similar properties in the area that also require significant investment.
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
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 623.23
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 %
- Est sale value
- 91,614.81 £Decreased by 30.00 %
- Average area rental value
- 675.00 £/moIncreased by 8.52 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.59 %Increased by 26.80 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Pattinson Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chopwell Primary School | Community School | Good | 0.33 KM |
| Chopwell And Highfield Children'S Centre | Children's Centre Linked Site | 0.33 KM | |
| Ebchester Cofe Primary School | Voluntary Controlled School | Good | 3.40 KM |
| Bishop Ian Ramsey Cofe Primary School | Academy Sponsor Led | 3.70 KM | |
| High Spen Primary School | Community School | Good | 4.24 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Elizabeth Street | £ 87,500 | 0 | 0.00 KM |
| Ravensworth Terrace | £ 60,000 | 0 | 0.00 KM |
| South View | £ 0 | 0 | 0.00 KM |
| Prince Street | £ 0 | 0 | 0.00 KM |
| George Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Wylam | 7514 | WYM | 6.43 KM |
| Prudhoe | 7509 | PRU | 7.27 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| William Street, Chopwell, Newcastle upon Tyne, NE17 | £ 60,000 | BUY | 6 / 10 | 0.02 KM |
| Havelock Terrace, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 | £ 120,000 | BUY | 7 / 10 | 0.05 KM |
| Elizabeth Street, Newcastle upon Tyne, NE17 | £ 95,000 | BUY | 7 / 10 | 0.06 KM |
| Elizabeth Street, Chopwell | £ 90,000 | BUY | 7 / 10 | 0.06 KM |
| Havelock Terrace, Chopwell, Newcastle upon Tyne, NE17 | £ 75,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 William Street | £ 62,500 | 0.05 KM |
| 5 William Street | £ 60,000 | 0.05 KM |
| 18 William Street | £ 75,000 | 0.05 KM |
| 6 William Street | £ 43,100 | 0.05 KM |
| 30 William Street | £ 54,000 | 0.05 KM |