Laurel Gardens, Hartlepool
RO

Laurel Gardens, Hartlepool

By Robinsons

£ 33,880

Reviews

2 out of 5 stars

Robinsons says ..

*** AVAILABLE IMMEDIATELY *** NO CHAIN INVOLVED *** A spacious two bedroom FIRST FLOOR APARTMENT overlooking communal gardens to the rear. The apartment is offered for sale on a 44% shared ownership basis and comes with an internal viewing recommended to appreciate the space on offer. Rent and ...

Property Oracle says ..

This listing presents a 44% shared ownership, two-bedroom, first-floor apartment in the Laurel Gardens retirement complex in Hartlepool, County Durham. The apartment itself appears clean and in reasonable condition, although the decor could benefit from an update. The kitchen and bathroom are functional but show signs of age. The property includes a small balcony overlooking communal gardens. The location within Laurel Gardens is positive, offering residents the convenience of communal facilities and the proximity to several schools and train stations. However, the significant factor here is the shared ownership model. The list price of £33,880 is only 44% of the property value, meaning substantial ongoing rent and service charges are involved, which must be considered alongside the purchase price to accurately assess the overall value. The price is undeniably low compared to outright purchases in the complex but this is because it’s only a partial purchase. Potential buyers should fully understand the shared ownership implications before making an offer.

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

Price
4
Condition
6
Location
7
Land
2
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
926,998.00 £
Increased by 247.85 %
from 266,491.00 £
Est sale value
73,195.00 £
Decreased by 67.53 %
from 225,440.60 £
Average area rental value
1,034.00 £/mo
Increased by 10.47 %
from 936.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 731.95 £/mo
Est rental Yield
1.34 %
Decreased by 68.17 %
from 4.21 %
Crime Rate
25.00 %
Unchanged by 0.00 %
from 25.00 %

Agent Activity

  • Robinsons marked this listing as sold.

  • Robinsons created the listing.

Nearby Schools

NameTypeOfstedDistance
Rift House Primary SchoolCommunity SchoolGood0.22 KM
The Horizon School, HartlepoolPupil Referral UnitGood0.46 KM
Rift House Children'S CentreChildren's Centre Linked Site0.56 KM
English Martyrs Catholic School And Sixth Form CollegeAcademy ConverterRequires improvement0.59 KM
Lynnfield Primary School And ClcChildren's Centre Linked Site0.65 KM

Images

FRONT LOUNGE AREA LOUNGE AREA BALCONY VIEW KITCHEN AREA KITCHEN AREA BEDROOM ONE BEDROOM ONE - ACCESS TO SHOWER ROOM SHOWER ROOM BEDROOM TWO ENTRANCE HALL LIFT ACCESS FIRST FLOOR FIRST FLOOR COMMUNAL SITTING ROOM GARDEN ROOM FRONT FRONT COMMUNAL GARDENS PARKING TO THE FRONT PARKING TO THE REAR COMMUNAL ENTRANCE COMMUNAL SITTING AREA COMMUNAL CANTEEN CONMMUNAL CANTEEN

Nearby Streets

NameAverage PriceAverage SqftDistance
Swinburne Road £ 000.00 KM
Swinborne Road £ 82,50000.00 KM
Kipling Road £ 000.00 KM
Pinero Road £ 000.00 KM
Compton Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hartlepool8009HPL3.87 KM
Seaton Carew8007SEC4.41 KM
Billingham7910BIL8.56 KM

Nearby Listings

AddressPriceTypeScoreDistance
Laurel Gardens, Hartlepool £ 86,775BUYUnknown0.00 KM
Laurel Gardens, Hartlepool £ 90,000BUY6 / 100.02 KM
Laurel Gardens, Hartlepool £ 100,000BUY6 / 100.02 KM
Laurel Gardens, Hartlepool £ 90,000BUYUnknown0.02 KM
Laurel Gardens, Hartlepool £ 80,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
47 Laurel Gardens £ 89,9500.02 KM
6 Laurel Gardens £ 100,0000.02 KM
22 Laurel Gardens £ 100,0000.02 KM
1 Laurel Gardens £ 67,0000.02 KM
8 Laurel Gardens £ 87,0000.02 KM