Citygate, Bath Lane, Newcastle upon Tyne, Tyne and Wear, NE1
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Citygate, Bath Lane, Newcastle upon Tyne, Tyne and Wear, NE1

By Everbest Properties

£ 179,000

Reviews

2 out of 5 stars

Everbest Properties says ..

Dont miss this 2-bedroom apartment located on the 4th floor in the heart of Newcastle city centre. It offers a prime location with easy access to local amenities, transport links, and vibrant city life. The apartment is currently tenanted until May 2025, making it an ideal investment opp...

Property Oracle says ..

This two-bedroom, two-bathroom apartment in Newcastle upon Tyne’s Monument area presents a compelling proposition for potential buyers. Located in Citygate, a modern development, it benefits from an excellent city centre location, with close proximity to Newcastle railway station, offering convenient access to both local and national transport networks. The apartment’s internal condition is presentable but could benefit from modernisation and improvements. While the provided images show a functional and livable space, updating the décor and some of the fixtures could enhance the overall appeal and value of the property. It’s crucial to note the lack of outdoor space, which is common in city-centre apartments, and to factor this into the property’s overall worth. The listing mentions that it is currently tenanted, which adds to its investment potential. In summary, this apartment presents a solid opportunity, particularly for investors or those seeking city-centre convenience, with a moderate level of refurbishment needed to fully capitalize on its potential. Further investigation into the specific building’s service charges and management fees is strongly recommended before making any purchasing decision.

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
6
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
625.38

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
225,500.00 £
Decreased by 13.54 %
from 260,800.00 £
Est sale value
141,961.26 £
Decreased by 5.81 %
from 150,716.58 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est letting value
625.38 £/mo
Unchanged by 0.00 %
from 625.38 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Everbest Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
Callerton AcademyFree Schools0.59 KM
Our Lady And St Anne'S Catholic Primary SchoolAcademy Converter0.60 KM
NcgFurther EducationRequires improvement0.83 KM
North East Futures UtcUniversity Technical College0.88 KM
St Paul'S Cofe Primary SchoolVoluntary Aided SchoolGood0.92 KM

Images

External 8-3 1-1 4-7 9-2 7-4 2-9 6-5 3-8 5-6

Nearby Streets

NameAverage PriceAverage SqftDistance
B1311 £ 000.00 KM
Dispensary Lane £ 000.00 KM
Cross Villa Place No 3 £ 135,00000.00 KM
Blandford Court £ 000.00 KM
Orchard Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.64 KM
Manors7603MAS1.90 KM
Dunston7744DOT3.29 KM
Metrocentre7725MCE5.05 KM
Heworth7766HEW7.66 KM

Nearby Listings

AddressPriceTypeScoreDistance
Citygate, Bath Lane, Newcastle upon Tyne, Tyne and Wear, NE1 £ 175,000BUY5 / 100.00 KM
Clayton House , Bath Lane , Newcastle upon Tyne £ 90,000BUYUnknown0.01 KM
Rutherford Street, Newcastle Upon Tyne, NE4 £ 165,000BUY5 / 100.03 KM
Rutherford Street, Newcastle upon Tyne, NE4 £ 259,999BUY9 / 100.03 KM
Printworks, Newcastle upon Tyne, Tyne and Wear, NE4 £ 110,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
41a Bath Lane £ 215,0000.09 KM
41b Bath Lane £ 210,0000.09 KM
41 Blackfriars Court £ 135,0000.18 KM
4 Blackfriars Court £ 84,0000.18 KM
28 Blackfriars Court £ 145,0000.18 KM