Emmerson Place, Shiremoor, Newcastle Upon Tyne
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Emmerson Place, Shiremoor, Newcastle Upon Tyne

By Trading Places

£ 69,950

Reviews

2 out of 5 stars

Trading Places says ..

** FIRST TIME BUYER/INVESTOR OPPORTUNITY ** TWO BEDROOM UPPER FLAT ** CLOSE TO TRANSPORT LINKS ** NO UPPER CHAIN *** Trading Places welcome to the market for sale this spacious two bedroom upper flat located on Emmerson Place in Shiremoor. Ideal for a first time buyer or an investment th...

Property Oracle says ..

This two-bedroom flat located on Emmerson Place in Shiremoor, Newcastle Upon Tyne, presents a mixed bag in terms of investment potential. The property’s strong points are its location near well-rated schools and its seemingly functional layout. The price point of £69,950 is competitive within the local market. However, several factors may influence buyer interest and ultimately the final sale price. The property’s age and the need for renovations in the kitchen and bathroom are clear drawbacks. While the exterior looks well-maintained, the interior photos reveal a need for modernisation to enhance the property’s overall appeal and market value. The lack of substantial outdoor space is another potential point of concern for prospective buyers. Overall, the property presents an opportunity, particularly for first-time buyers or investors willing to undertake some renovations. A thorough survey and inspection are highly recommended prior to purchase to confirm the condition of the property and assess the extent of necessary repairs and upgrades.

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
5
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
663.06

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
383,229.00 £
Increased by 11.97 %
from 342,255.00 £
Est sale value
159,797.46 £
Decreased by 23.25 %
from 208,200.84 £
Average area rental value
1,374.00 £/mo
Decreased by 3.78 %
from 1,428.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 663.06 £/mo
Est rental Yield
4.30 %
Decreased by 14.17 %
from 5.01 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Trading Places marked this listing as sold.

  • Trading Places created the listing.

Nearby Schools

NameTypeOfstedDistance
Shiremoor Primary SchoolCommunity SchoolOutstanding0.51 KM
Parkside House SchoolOther Independent Special SchoolGood0.71 KM
MoorbridgePupil Referral UnitGood0.81 KM
Shiremoor Children'S CentreChildren's Centre1.02 KM
Holystone Primary SchoolCommunity SchoolOutstanding1.65 KM

Images

front.jpg Living Room Kitchen Bedroom One Bedroom Two Bathroom Front Gardens

Nearby Streets

NameAverage PriceAverage SqftDistance
Halton Drive £ 220,00000.00 KM
Saint Albans View £ 250,00000.00 KM
Station Road £ 000.00 KM
Bridge Terrace £ 000.00 KM
Park Lane £ 230,00000.00 KM

Nearby Listings

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AddressPriceDistance
9 Cooperative Terrace £ 138,0000.09 KM
6 Cooperative Terrace £ 77,5000.09 KM
3 Cooperative Terrace £ 72,5000.09 KM
2 Cooperative Terrace £ 90,0000.09 KM
7 Cooperative Terrace £ 80,0000.10 KM