COLOMBO SQUARE, OCHRE YARDS, GATESHEAD
TH

COLOMBO SQUARE, OCHRE YARDS, GATESHEAD

By The Good Estate Agency

£ 109,950

Reviews

2 out of 5 stars

The Good Estate Agency says ..

1 BED APARTMENT WITH PARKING. Nestled in the heart of Colombo Square, Gateshead, this charming one-bedroom apartment offers a perfect blend of modern living and convenience. Situated on the second floor, the property spans an inviting 463 square feet, providing ample space for comfortable living....

Property Oracle says ..

The property is a 1-bedroom apartment located in Colombo Square, Ochre Yards, Gateshead, Tyne and Wear, NE8 2DB. It is listed for £109,950.

Based on the provided images, the apartment appears to be in good condition. The kitchen and bathroom look modern and well-maintained. The living area is spacious and neutrally decorated. There is no visible evidence of damage or wear and tear.

The location is in a modern development close to the Gateshead Quays area. This area benefits from good transport links, including proximity to the Tyne and Wear Metro and train stations. There are also several schools within a reasonable distance, although the Ofsted ratings for some are not provided. The immediate vicinity appears to be relatively quiet and residential.

While the plot size is not specified, the property is an apartment, therefore land is limited to the apartment itself.

Considering the average price of similar properties in the area is £159,813, and the average price per square foot is £231, the listed price of £109,950 appears to be significantly below average. However, without knowing the square footage of the property, a definitive conclusion on the value for money cannot be reached. Further investigation into comparable properties within the same development would be beneficial.

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
6
Condition
9
Location
7
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
131,874.00 £
Decreased by 12.47 %
from 150,654.00 £
Average area rental value
1,083.00 £/mo
Increased by 0.65 %
from 1,076.00 £/mo
Est rental Yield
9.85 %
Increased by 14.94 %
from 8.57 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • The Good Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
North East Futures UtcUniversity Technical College0.77 KM
Tashbar Boys NurseryOther Independent School0.80 KM
Matov Children'S CentreChildren's Centre Linked Site0.88 KM
Gateshead Jewish Nursery SchoolOther Independent SchoolInadequate0.88 KM
St Joseph'S Catholic Primary School, GatesheadAcademy Converter1.02 KM

Images

IMG_2430_1_2_3_4_fused IMG_2440_1_2_3_4_fused IMG_2480_1_2_3_4_fused IMG_2450_1_2_3_4_fused IMG_2460_1_2_3_4_fused IMG_2470_1_2_3_4_fused IMG_2475_6_7_8_9_fused

Nearby Streets

NameAverage PriceAverage SqftDistance
Gateshead Station West Bridge Number 307 £ 140,00000.00 KM
B1600 £ 000.00 KM
High Level Bridge £ 207,37500.00 KM
Askew Road £ 000.00 KM
Gateshead Highway £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.98 KM
Manors7603MAS1.12 KM
Dunston7744DOT3.90 KM
Heworth7766HEW6.11 KM
Metrocentre7725MCE6.22 KM

Nearby Listings

AddressPriceTypeScoreDistance
COLOMBO SQUARE, OCHRE YARDS, GATESHEAD £ 109,950BUY5 / 100.00 KM
Cameronian Square, Ochre Yards, Gateshead, NE8 £ 165,000BUY6 / 100.00 KM
Cameronian Square, Ochre Yards, Gateshead £ 130,000BUY5 / 100.00 KM
Cameronian Square, Worsdell Drive, Gateshead, Tyne and Wear, NE8 £ 140,000BUYUnknown0.01 KM
Cameronian Square, Gateshead, NE8 £ 170,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
27 Midlothian Court £ 179,9950.29 KM
41 Midlothian Court £ 168,4950.29 KM
28 Midlothian Court £ 181,9950.29 KM
45 Midlothian Court £ 162,9950.29 KM
43 Midlothian Court £ 117,9950.31 KM