Engine Lane, Low Fell, Gateshead, Tyne And Wear, NE9
BE

Engine Lane, Low Fell, Gateshead, Tyne And Wear, NE9

By Belle Vue Estates

£ 47,250

Reviews

2 out of 5 stars

Belle Vue Estates says ..

Delightful over 55's retirement apartment with one double bedroom and open plan living. Lovely views over Kells Lane park within the heart of Low Fell. Secure communal entrance and underground gated parking. This GROUND FLOOR property comes highly recommended.

Property Oracle says ..

This one-bedroom apartment located on Engine Lane in Low Fell, Gateshead, is listed for £47,250. The property is part of what appears to be a retirement complex or similar development for older residents. The apartment itself is small, with only 448.53 sq ft. Images show a compact layout including a small kitchen, living area, bedroom, and bathroom. The interior appears clean and functional but not particularly modern or stylish. The property benefits from its location within Low Fell, an area known for its good schools and proximity to amenities. The close proximity of highly-rated schools such as Kells Lane Primary School is a key attraction. The apartment has no private garden. The lack of readily available comparable properties with sqft information makes a direct price per sq ft comparison challenging; however, the list price of the property appears comparatively reasonable for a one-bedroom retirement apartment in the location, making it potentially attractive for certain buyers within its target demographic, despite the limited space and the lack of outdoor space. Potential buyers should prioritize the property’s location and affordability over its size and features.

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
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
448.53

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
118,860.45 £
Increased by 9.05 %
from 108,992.79 £
Average area rental value
1,270.00 £/mo
Decreased by 15.05 %
from 1,495.00 £/mo
Est letting value
448.53 £/mo
Unchanged by 0.00 %
from 448.53 £/mo
Est rental Yield
5.75 %
Decreased by 17.27 %
from 6.95 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Belle Vue Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Kells Lane Primary SchoolCommunity SchoolOutstanding0.32 KM
Oakfield Junior SchoolCommunity SchoolGood0.73 KM
Oakfield Infant SchoolCommunity SchoolOutstanding0.82 KM
The Cedars AcademyAcademy Special ConverterGood1.00 KM
Grace CollegeAcademy Converter1.03 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Coronation Terrace £ 000.00 KM
Albert Place £ 000.00 KM
Church Road £ 274,37500.00 KM
Kells Lane £ 000.00 KM
Back Beaconsfield Road £ 45,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL4.35 KM
Manors7603MAS4.36 KM
Heworth7766HEW5.10 KM
Dunston7744DOT5.14 KM
Metrocentre7725MCE7.92 KM

Nearby Listings

AddressPriceTypeScoreDistance
Robinswood, Engine Lane, Gateshead, Tyne And Wear, NE9 £ 70,000BUY6 / 100.00 KM
Engine Lane, Low Fell, Gateshead, Tyne And Wear, NE9 £ 47,250BUY5 / 100.00 KM
Robinswood, Engine Lane, Low Fell, NE9 £ 52,500BUY6 / 100.01 KM
Robinswood, Low Fell £ 40,000BUYUnknown0.01 KM
Engine Lane, Low Fell, Gateshead £ 57,750BUY6 / 100.09 KM

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AddressPriceDistance
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613 Durham Road £ 105,0000.10 KM
637 Durham Road £ 380,0000.10 KM
633 Durham Road £ 285,0000.10 KM
643 Durham Road £ 380,0000.10 KM