Marconi House, Melbourne Street, Newcastle Upon Tyne, Tyne and Wear, NE1 2JQ
By Greetham Gilbert
£ 115,000
Reviews
2 out of 5 stars
Greetham Gilbert says ..
Marconi House offers a charming 1 bedroom apartment with lift access ideal first time buy currently let for £850 per month, presenting an excellent investment opportunity in Newcastle City Centre
Property Oracle says ..
This one-bedroom apartment in Marconi House, Newcastle upon Tyne, offers city-centre living with convenient access to transport and amenities. The property is situated in the Monument area, known for its vibrant atmosphere and proximity to various attractions. The apartment itself appears modern and well-maintained, featuring a living room, kitchen, bedroom, and bathroom. Images reveal a functional layout and adequate furnishings. Although the property benefits from a Juliet balcony, it lacks a significant outdoor space. The lack of square footage information prevents a precise assessment of value per square foot, but considering comparable sales in the building and surrounding area, the asking price appears reasonable for a one-bedroom city-centre apartment. Potential buyers should be aware that while the apartment is presented as well-maintained, some minor cosmetic upgrades or personal touches may be desired. The absence of a garden is a notable consideration for those seeking more outdoor space.
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
- 1
- Bathrooms
- 1
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 %
- Average area rental value
- 1,202.00 £/moDecreased by 6.09 %
- Est rental Yield
- 6.40 %Increased by 8.66 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Greetham Gilbert created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Christ Church Cofe Primary School | Voluntary Aided School | Good | 0.45 KM |
| University Of Northumbria At Newcastle | Higher Education Institutions | 0.62 KM | |
| Gateshead College | Further Education | Requires improvement | 0.95 KM |
| Royal Grammar School | Other Independent School | 1.25 KM | |
| Newcastle Preparatory School | Other Independent School | 1.30 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| A186 | £ 0 | 0 | 0.00 KM |
| Croft Stairs | £ 0 | 0 | 0.00 KM |
| Causey Bank | £ 185,000 | 0 | 0.00 KM |
| Lombard Street | £ 0 | 0 | 0.00 KM |
| Swan House Roundabout | £ 170,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manors | 7603 | MAS | 0.10 KM |
| Newcastle | 7728 | NCL | 1.43 KM |
| Dunston | 7744 | DOT | 4.78 KM |
| Heworth | 7766 | HEW | 5.88 KM |
| Metrocentre | 7725 | MCE | 6.88 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Marconi House, Melbourne Street, Newcastle Upon Tyne, Tyne and Wear, NE1 2JQ | £ 115,000 | BUY | 5 / 10 | 0.00 KM |
| Marconi House, Melbourne Street, Newcastle City Centre | £ 145,000 | BUY | Unknown | 0.03 KM |
| Marconi House, Melbourne Street, Newcastle Upon Tyne, NE1 | £ 119,000 | BUY | 6 / 10 | 0.03 KM |
| Marconi House, Newcastle Upon Tyne, NE1 | £ 140,000 | BUY | 6 / 10 | 0.03 KM |
| Marconi House, Melbourne Street, Newcastle Upon Tyne, NE1 | £ 345,000 | BUY | 7 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 All Hallows Lane | £ 162,000 | 0.27 KM |
| 3 Dog Bank | £ 270,000 | 0.27 KM |
| 9 Dog Bank | £ 231,000 | 0.27 KM |
| 5 Peppercorn Court | £ 220,000 | 0.28 KM |
| 3 Peppercorn Court | £ 53,300 | 0.28 KM |