Hector Street, Shiremoor, Newcastle upon Tyne, Tyne and Wear, NE27 0HR
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Hector Street, Shiremoor, Newcastle upon Tyne, Tyne and Wear, NE27 0HR

By Pattinson Estate Agents

£ 115,000

Reviews

2 out of 5 stars

Pattinson Estate Agents says ..

Hector Street, Shiremoor, Newcastle upon Tyne, Tyne and Wear, NE27 0HR A fantastic opportunity to acquire a two-bedroom mid-terrace home located in a highly desirable and sought-after area. This property is in need of updating, making it an ideal project for investors or buyers looking to add ...

Property Oracle says ..

This two-bedroom mid-terrace house in Shiremoor, Newcastle upon Tyne, presents a mixed bag for potential buyers. Located on Hector Street, the property benefits from its position within a relatively desirable area with access to several well-regarded schools, including the outstanding Shiremoor Primary School. The convenience of Silverlink Retail Park is another plus point. However, the absence of readily available public transport may pose a challenge for some. The property itself is in need of considerable modernisation. The interior features dated décor and finishes throughout, and the kitchen and bathroom are particularly in need of refurbishment. This presents a significant cost implication for any potential buyer. While the property has a small yard space and a garden shed, there is limited outdoor space. Overall, while the location in Shiremoor offers advantages, the significant renovation requirements and smaller than average land space means potential buyers should carefully weigh the investment required against the property’s current condition and the costs of modernization. The price falls within the range for similar properties in the area, though it may depend on the buyer’s perspective on refurbishment costs whether it’s considered good value.

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
4
Location
6
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
742.00
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Leaflet © OpenStreetMap contributors

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
178,822.00 £
Decreased by 23.25 %
from 232,988.00 £
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 742.00 £/mo
Est rental Yield
4.30 %
Decreased by 14.17 %
from 5.01 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Shiremoor Children'S CentreChildren's Centre0.17 KM
MoorbridgePupil Referral UnitGood0.37 KM
Shiremoor Primary SchoolCommunity SchoolOutstanding0.87 KM
Wellfield Middle SchoolFoundation SchoolGood1.48 KM
South Wellfield First SchoolCommunity SchoolGood1.50 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Beaumont Close £ 210,00000.00 KM
Park Lane £ 230,00000.00 KM
Saint Albans View £ 250,00000.00 KM
Nelson Road £ 220,00000.00 KM
Halton Drive £ 220,00000.00 KM

Nearby Properties

AddressPriceDistance
8 Hector Street £ 95,0000.03 KM
10 Hector Street £ 81,0000.03 KM
20 Hector Street £ 99,0000.03 KM
3 Hector Street £ 100,0000.03 KM
16 Hector Street £ 114,0000.03 KM