Wood Terrace, Gateshead, Tyne and Wear, NE10
By Chase Holmes
£ 85,000
Reviews
2 out of 5 stars
Chase Holmes says ..
Welcome to Wood Terrace in Gateshead, where a ground floor flat is waiting for you to call it home. This well-presented property is an ideal first time buy, providing a fantastic opportunity for those looking to step onto the property ladder without any upper chain.
Property Oracle says ..
The property is located in Gateshead, Tyne and Wear, a region with a diverse housing market. The area benefits from relatively close proximity to public transport links, with Heworth train station being 1.85km away. Several primary schools are within a 1km radius, offering families convenient access to education. The presence of nearby amenities is not explicitly detailed, but the inclusion of nearby streets suggests a degree of local convenience. However, without specific details on the quality of local shops, places of significance, or the overall atmosphere of the neighbourhood, a definitive assessment of location quality is difficult. Based on the photos, the property appears to be in good condition. The interior shows recent renovations or updates, with modern fixtures and finishes in the kitchen and bathroom. The rooms are clean and well-maintained, suggesting a move-in ready state. However, the lack of information on the property’s age and structural integrity prevents a complete assessment of its condition. The property includes a small yard area, which is adequate for outdoor space but lacks the size of a traditional garden. This limited outdoor area might be a drawback for some buyers. The list price of £85,000 requires further analysis due to the absence of square footage data. Comparing this to nearby listings, prices range from £49,000 to £145,000. However, without the property’s square footage, a meaningful comparison of price per square foot is impossible. The lack of this crucial information prevents a proper evaluation of the property’s value relative to its size and condition. Therefore, a conclusive opinion on the price’s reasonableness cannot be formed.
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
- 5
- Condition
- 8
- Location
- 6
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
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
- 265,000.00 £Increased by 2.60 %
- Average area rental value
- 1,270.00 £/moDecreased by 15.05 %
- Est rental Yield
- 5.75 %Decreased by 17.27 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Chase Holmes marked this listing as sold.
Chase Holmes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bill Quay Primary School | Community School | Good | 0.43 KM |
| St Alban'S Catholic Primary School, Pelaw | Academy Converter | 0.65 KM | |
| Wardley Primary School | Community School | Good | 0.84 KM |
| West Walker Primary School | Academy Converter | Good | 1.02 KM |
| Walkergate Children'S Centre | Children's Centre Linked Site | 1.12 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Davidson Road | £ 0 | 0 | 0.00 KM |
| Woods Green | £ 144,975 | 0 | 0.00 KM |
| Grasmere Avenue | £ 0 | 0 | 0.00 KM |
| Dovercourt Road | £ 95,000 | 0 | 0.00 KM |
| Station Road | £ 140,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Heworth | 7766 | HEW | 1.85 KM |
| Manors | 7603 | MAS | 7.34 KM |
| Newcastle | 7728 | NCL | 8.62 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Morley Avenue, Gateshead, NE10 | £ 89,950 | BUY | 6 / 10 | 0.08 KM |
| Morley Avenue, Bill Quay, NE10 | £ 120,000 | BUY | 5 / 10 | 0.09 KM |
| Wood Terrace, ., Gateshead, Tyne and Wear, NE10 0UD | £ 105,000 | BUY | 6 / 10 | 0.10 KM |
| Station Road, Bill Quay | £ 90,000 | BUY | 6 / 10 | 0.15 KM |
| Station Road, Bill Quay, NE10 | £ 95,000 | BUY | 6 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 22 Hainingwood Terrace | £ 78,250 | 0.04 KM |
| 32 Hainingwood Terrace | £ 83,000 | 0.04 KM |
| 15 Hainingwood Terrace | £ 62,000 | 0.04 KM |
| 12 Hainingwood Terrace | £ 91,500 | 0.04 KM |
| 10 Hainingwood Terrace | £ 82,000 | 0.04 KM |