Gosforth Terrace, Gateshead, Tyne and Wear, NE10 0RA
PA

Gosforth Terrace, Gateshead, Tyne and Wear, NE10 0RA

By Pattinson Estate Agents

£ 75,000

Reviews

2 out of 5 stars

Pattinson Estate Agents says ..

Pattinson Estate Agents welcome to the market this two bedroom lower flat located on the popular Gosforth Terrace, Pelaw. Ideally located for local schools, the property is also close to local amenities including Supermarkets & convenience stores as well as excellent local transport links...

Property Oracle says ..

This two-bedroom ground floor flat in Gateshead, Tyne and Wear is listed at £75,000. The property is located on Gosforth Terrace in the Pelaw and Heworth area and is marketed towards first-time buyers and investors. Its proximity to local schools, such as St Alban’s Catholic Primary School (0.21km) and Wardley Primary School (0.99km), and good transport links to Heworth train station (1.09km) represents a positive aspect of the property. The property appears relatively clean and habitable from the images provided, although it shows signs of needing modernisation. The kitchen and bathroom look dated. While functional, an upgrade would enhance the overall appeal and potential value. A notable drawback is the extremely limited outdoor space, essentially just a small, unkempt yard. The asking price is competitive with other local listings, although precise comparisons are hampered by a lack of detailed information about the square footage of comparable properties. Overall, this property presents a viable option for investors or first-time buyers seeking a property in a convenient location but prepared to undertake some renovation and modernisation work.

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
1
Bedrooms
2
Bathrooms
1
Sqft (est)
668.44

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
177,136.60 £
Increased by 9.05 %
from 162,430.92 £
Average area rental value
1,270.00 £/mo
Decreased by 15.05 %
from 1,495.00 £/mo
Est letting value
668.44 £/mo
Unchanged by 0.00 %
from 668.44 £/mo
Est rental Yield
5.75 %
Decreased by 17.27 %
from 6.95 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
St Alban'S Catholic Primary School, PelawAcademy Converter0.21 KM
Wardley Primary SchoolCommunity SchoolGood0.99 KM
Heworth Grange SchoolAcademy Sponsor Led1.10 KM
Bill Quay Primary SchoolCommunity SchoolGood1.21 KM
West Walker Primary SchoolAcademy ConverterGood1.24 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Grasmere Avenue £ 000.00 KM
Birch Avenue £ 250,00000.00 KM
Yelverton Crescent £ 000.00 KM
Grange Crescent £ 000.00 KM
Shields Road £ 200,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW1.09 KM
Manors7603MAS6.63 KM
Newcastle7728NCL7.88 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gosforth Terrace, Pelaw, NE10 £ 70,000BUY5 / 100.04 KM
Gosforth Terrace, Gateshead, NE10 £ 75,000BUY6 / 100.04 KM
Gosforth Terrace, Gateshead £ 85,000BUY6 / 100.05 KM
Tyne View Gardens, Pelaw, NE10 £ 120,000BUY7 / 100.09 KM
Duke Street, Gateshead £ 155,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
16 Gosforth Terrace £ 64,0000.03 KM
24 Gosforth Terrace £ 57,0000.03 KM
10 Gosforth Terrace £ 24,9500.03 KM
5 Gosforth Terrace £ 67,0000.03 KM
25 Gosforth Terrace £ 54,9500.03 KM