Brockwell House, Blakelaw
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Brockwell House, Blakelaw

By Andrew Craig

£ 55,000

Reviews

2 out of 5 stars

Andrew Craig says ..

FOR SALE BY WAY OF ONLINE AUCTION ON WEDNESDAY 27TH MARCH, 2024 - Terms and Conditions apply. See BUYERS PREMIUM TO PAY! TENTH FLOOR, SPACIOUS TWO BEDROOM APARTMENT WITH TERRIFIC VIEWS ACROSS THE WEST SIDE OF THE ...

Property Oracle says ..

Brockwell House, a two-bedroom apartment located in Blakelaw, Newcastle Upon Tyne, is currently listed for £55,000. The property is situated in a high-rise building, offering what appears to be a spacious interior. Based on the images, the apartment’s condition is fair. The décor is dated and there is certainly scope for modernisation. The property benefits from proximity to local schools, some of which have received good Ofsted ratings, and relatively convenient access to public transportation. However, the property is sold through online auction, meaning there could be unseen costs involved. The lack of information regarding the property’s square footage makes accurate assessment difficult. The absence of a garden or any private outdoor space is a notable drawback. The relatively low price reflects the need for potential renovation and modernisation and its location in Blakelaw, which is not considered a top-tier location. Overall, the apartment presents a potentially affordable entry point to the Newcastle housing market, however, careful due diligence is required before purchase, especially given the auction format.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
1
Bedrooms
2
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
116,271.00 £
Decreased by 21.47 %
from 148,058.00 £
Average area rental value
1,143.00 £/mo
Increased by 19.69 %
from 955.00 £/mo
Est rental Yield
11.80 %
Increased by 52.45 %
from 7.74 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Andrew Craig created the listing.

Nearby Schools

NameTypeOfstedDistance
Thomas Walling Primary AcademyAcademy ConverterGood0.53 KM
Sure Start Central Children'S CentreChildren's Centre0.68 KM
English Martyrs' Catholic Primary School, FenhamAcademy Converter0.91 KM
Hilton Primary AcademyAcademy Sponsor LedOutstanding0.94 KM
Sure Start North Fenham Children'S CentreChildren's Centre Linked Site0.95 KM

Images

 (Main) Lounge Hallway Bathroom Lounge Lounge Bedroom Bedroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Blackthorn Close £ 000.00 KM
Elder Grive £ 172,00000.00 KM
Arden Crescent £ 000.00 KM
Eastern Way £ 000.00 KM
Beaumaris Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Metrocentre7725MCE4.16 KM
Dunston7744DOT5.86 KM
Blaydon7503BLO5.98 KM
Newcastle7728NCL6.39 KM
Manors7603MAS7.45 KM

Nearby Listings

AddressPriceTypeScoreDistance
Brockwell House, Blakelaw £ 55,000BUY4 / 100.00 KM
Magnolia Drive, Newcastle Upon Tyne £ 72,500BUYUnknown0.03 KM
Foxglove Walk, City Edge, Newcastle Upon Tyne £ 105,000BUY6 / 100.03 KM
Foxglove Walk, City Edge, Newcastle Upon Tyne £ 230,000BUY7 / 100.03 KM
Foxglove Walk, Newcastle Upon Tyne, Tyne and Wear, NE5 £ 120,000BUY5 / 100.07 KM

Nearby Properties

AddressPriceDistance
48 Sunnyway £ 120,0000.11 KM
29 Sunnyway £ 99,0000.11 KM
165 Magnolia Drive £ 164,9950.18 KM
161 Magnolia Drive £ 129,4950.18 KM
39 Sunnyway £ 102,5000.23 KM