Marconi House, Melbourne Street, Newcastle Upon Tyne, Tyne and Wear, NE1 2JQ
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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 %
from 260,800.00 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Greetham Gilbert created the listing.

Nearby Schools

NameTypeOfstedDistance
Christ Church Cofe Primary SchoolVoluntary Aided SchoolGood0.45 KM
University Of Northumbria At NewcastleHigher Education Institutions0.62 KM
Gateshead CollegeFurther EducationRequires improvement0.95 KM
Royal Grammar SchoolOther Independent School1.25 KM
Newcastle Preparatory SchoolOther Independent School1.30 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
A186 £ 000.00 KM
Croft Stairs £ 000.00 KM
Causey Bank £ 185,00000.00 KM
Lombard Street £ 000.00 KM
Swan House Roundabout £ 170,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS0.10 KM
Newcastle7728NCL1.43 KM
Dunston7744DOT4.78 KM
Heworth7766HEW5.88 KM
Metrocentre7725MCE6.88 KM

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AddressPriceDistance
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3 Dog Bank £ 270,0000.27 KM
9 Dog Bank £ 231,0000.27 KM
5 Peppercorn Court £ 220,0000.28 KM
3 Peppercorn Court £ 53,3000.28 KM