Andrew Craig says ..
This ground floor flat in Tyne Dock presents an excellent investment opportunity, ideal for rental potential or as a first time buy. Offered with no onward chain and vacant possession, the property is conveniently located close to a variety of local amenities, including shops on Stanhope Road and...
Property Oracle says ..
This property is a two-bedroom flat located on Lemon Street in South Shields, Tyne and Wear. The list price is £60,000. The property is in need of some modernisation and updating, as seen in the images provided. The average price for properties in the area is significantly higher at £482,757, with an average price per square foot of £342. This flat is considerably smaller than average at 488 sqft. While the location benefits from relatively close proximity to several primary schools, the lack of land and the need for renovations should be considered.
Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 3
- Condition
- 4
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 488.30
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
- 482,757.00 £Decreased by 8.01 %
- Est sale value
- 166,998.60 £Increased by 0.59 %
- Average area rental value
- 1,513.00 £/moIncreased by 5.58 %
- Est letting value
- 488.30 £/mo
- Est rental Yield
- 3.76 %Increased by 14.63 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Andrew Craig created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ss Peter And Paul Catholic Primary School, South Shields | Academy Converter | 0.15 KM | |
| Stanhope Primary School | Community School | Good | 0.37 KM |
| All Saints Centre | Children's Centre | 0.53 KM | |
| Autismable Cic | Special Post 16 Institution | 0.86 KM | |
| Ashley Primary School | Community School | Requires improvement | 0.92 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Belle Vue Crescent | £ 45,000 | 0 | 0.00 KM |
| The Staithes | £ 0 | 0 | 0.00 KM |
| Johnson Street | £ 0 | 0 | 0.00 KM |
| Coxfoot Close | £ 0 | 0 | 0.00 KM |
| Barnes' Road | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lemon Street, South Shields | £ 60,000 | BUY | 3 / 10 | 0.00 KM |
| Olive Street, South Shields | £ 65,000 | BUY | Unknown | 0.03 KM |
| Lemon Street, South Shields, Tyne and Wear, NE33 | £ 60,000 | BUY | Unknown | 0.07 KM |
| Olive Street, South Shields | £ 115,000 | BUY | Unknown | 0.07 KM |
| Vine Street, South Shields | £ 79,950 | BUY | 4 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 35 Olive Street | £ 79,950 | 0.03 KM |
| 48 Olive Street | £ 61,000 | 0.03 KM |
| 56 Olive Street | £ 54,500 | 0.03 KM |
| 10 Olive Street | £ 29,000 | 0.03 KM |
| 50 Olive Street | £ 46,500 | 0.03 KM |