Edrich House , North Shields ,
MA

Edrich House , North Shields ,

By Mansons Property Consultants

£ 38,000

Reviews

2 out of 5 stars

Mansons Property Consultants says ..

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the propert...

Property Oracle says ..

This two-bedroom maisonette in North Shields is listed for sale at £38,000. The property is being sold through the Modern Method of Auction which implies a quick sale is expected. The provided photographs reveal a property that is adequately maintained but is in need of modernisation. The kitchen and bathroom are dated with relatively basic fittings. Whilst there are two bedrooms the provided images suggest these are quite small. The lack of information regarding the size of the property presents some uncertainty for a potential buyer, especially given this is being sold at auction. The absence of a garden is a notable drawback. However, the property is situated close to well-regarded primary schools, which might be a significant advantage for some. The fact that this is located on Railway Terrace, shows the property is close to neighbouring streets with a noticeably higher average property price. Whilst the auction process brings a level of uncertainty this also presents a fantastic opportunity to purchase a property in a desirable area for a seemingly low price. Overall, this property might appeal to investors looking for a renovation project or first-time buyers willing to compromise on space and amenities in exchange for an affordable entry point into the North Shields housing market. The sale through auction also makes it important to complete due diligence before any purchasing decisions are made.

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

Price
7
Condition
5
Location
4
Land
1
Bedrooms
2
Bathrooms
0
Sqft (est)
753.70

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Mansons Property Consultants created the listing.

Nearby Schools

NameTypeOfstedDistance
St Cuthbert'S Catholic Primary School, North ShieldsAcademy Converter0.31 KM
Christ Church Cofe Primary SchoolVoluntary Aided SchoolGood0.49 KM
Spring Gardens Primary SchoolCommunity SchoolGood0.60 KM
Waterville Primary SchoolCommunity SchoolGood0.81 KM
King Edward Primary SchoolFoundation SchoolGood1.07 KM

Images

Kitchen Bedroom One Bathrom External Lounge Bedroom Two

Nearby Streets

NameAverage PriceAverage SqftDistance
Railway Terrace £ 38,00000.00 KM
Cecil Street £ 169,95000.00 KM
Upper Camden Street £ 340,00000.00 KM
Albion Road £ 000.00 KM
Thrift Street £ 55,00000.00 KM

Nearby Listings

AddressPriceScoreDistance
Edrich House , North Shields , £ 38,0004 / 100.00 KM
William Street West, North Shields £ 56,9505 / 100.15 KM
William Street West, North Shields, North Tyneside £ 100,0004 / 100.16 KM
Nile Street, North Shields £ 81,0005 / 100.20 KM
Cecil Street, North Shields, NE29 £ 169,9505 / 100.20 KM

Nearby Properties

AddressPriceDistance
35 Railway Terrace £ 58,0000.05 KM
31 William Street £ 61,0000.12 KM
24 William Street £ 42,0000.12 KM
16 William Street £ 50,0000.12 KM
22 William Street £ 29,9500.12 KM