115 Rawling Road, Gateshead, Tyne And Wear, NE8 4QS
LA

115 Rawling Road, Gateshead, Tyne And Wear, NE8 4QS

By Landwood Group

£ 32,000

Reviews

2 out of 5 stars

Landwood Group says ..

29/01/2025 12:20 Two bedroom ground floor flat requiring renovation. *VIDEO TOUR AND INTERNAL IMAGES ARE AVAILABLE UPON REQUEST* The property comprises a two bedroom ground floor flat which is in poor condition and will require a full scheme of renovation.

Property Oracle says ..

This two-bedroom ground floor flat in Gateshead, Tyne and Wear, is listed at £32,000. The property is described as being in poor condition and requiring a full renovation. The listing image shows a terraced house in seemingly original condition, suggesting the need for modernization is extensive. The location is relatively convenient, being close to several primary schools, which are rated as outstanding or good according to OfSTED reports and other amenities. Public transport connections, particularly rail access to Newcastle are nearby. The lack of plot size is notable, meaning no outdoor space is provided. While the price is comparatively low to other properties in the area, this reflects the extensive renovation required. Potential buyers should factor this into their purchasing decision. A buyer who is skilled in home renovation or planning to undertake a major refurbishment might find this property represents good value, but this is a significant risk and undertaking. The absence of bathrooms and the low price compared to the surrounding area should be taken into account by buyers.

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
6
Condition
4
Location
7
Land
1
Bedrooms
2
Bathrooms
0
Sqft (est)
771.13

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 %
from 258,279.00 £
Est sale value
204,349.45 £
Increased by 9.05 %
from 187,384.59 £
Average area rental value
1,270.00 £/mo
Decreased by 15.05 %
from 1,495.00 £/mo
Est letting value
771.13 £/mo
Unchanged by 0.00 %
from 771.13 £/mo
Est rental Yield
5.75 %
Decreased by 17.27 %
from 6.95 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Landwood Group created the listing.

Nearby Schools

NameTypeOfstedDistance
Bensham Sure Start Children'S CentreChildren's Centre Linked Site0.04 KM
Brighton Avenue Primary SchoolCommunity SchoolOutstanding0.21 KM
Bensham Grove Nursery SchoolLocal Authority Nursery SchoolOutstanding0.42 KM
Kelvin Grove Community Primary SchoolCommunity SchoolGood0.44 KM
Gateshead Jewish Boarding SchoolOther Independent SchoolRequires improvement0.69 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Balfour Street £ 000.00 KM
Hedley Street £ 125,00000.00 KM
Fourth Street £ 000.00 KM
Rectory Road £ 81,75000.00 KM
Airey Terrace £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL2.00 KM
Manors7603MAS2.63 KM
Dunston7744DOT3.15 KM
Metrocentre7725MCE5.82 KM
Heworth7766HEW6.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
Rawling Road, Gateshead £ 99,950BUY5 / 100.00 KM
Saltwell Street, Gateshead, Tyne and Wear, NE8 £ 120,000BUY6 / 100.04 KM
Rawling Road, Gateshead, Tyne and Wear, NE8 £ 54,950BUY4 / 100.04 KM
Liddell Terrace, Bensham, Gateshead, Tyne And Wear, NE8 £ 200,000BUY6 / 100.04 KM
Liddell Terrace, Gateshead £ 235,000BUY7 / 100.05 KM

Nearby Properties

AddressPriceDistance
37 Liddell Terrace £ 148,5000.04 KM
27 Liddell Terrace £ 129,0000.04 KM
30 Liddell Terrace £ 115,0000.04 KM
25 Liddell Terrace £ 135,0000.04 KM
22 Liddell Terrace £ 110,0000.04 KM