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 %
- Average area rental value
- 1,083.00 £/moIncreased by 0.65 %
- Est rental Yield
- 9.85 %Increased by 14.94 %
- Crime Rate
- 0.00 %
Agent Activity
The Good Estate Agency created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| North East Futures Utc | University Technical College | 0.77 KM | |
| Tashbar Boys Nursery | Other Independent School | 0.80 KM | |
| Matov Children'S Centre | Children's Centre Linked Site | 0.88 KM | |
| Gateshead Jewish Nursery School | Other Independent School | Inadequate | 0.88 KM |
| St Joseph'S Catholic Primary School, Gateshead | Academy Converter | 1.02 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Gateshead Station West Bridge Number 307 | £ 140,000 | 0 | 0.00 KM |
| B1600 | £ 0 | 0 | 0.00 KM |
| High Level Bridge | £ 207,375 | 0 | 0.00 KM |
| Askew Road | £ 0 | 0 | 0.00 KM |
| Gateshead Highway | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newcastle | 7728 | NCL | 0.98 KM |
| Manors | 7603 | MAS | 1.12 KM |
| Dunston | 7744 | DOT | 3.90 KM |
| Heworth | 7766 | HEW | 6.11 KM |
| Metrocentre | 7725 | MCE | 6.22 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| COLOMBO SQUARE, OCHRE YARDS, GATESHEAD | £ 109,950 | BUY | 5 / 10 | 0.00 KM |
| Cameronian Square, Ochre Yards, Gateshead, NE8 | £ 165,000 | BUY | 6 / 10 | 0.00 KM |
| Cameronian Square, Ochre Yards, Gateshead | £ 130,000 | BUY | 5 / 10 | 0.00 KM |
| Cameronian Square, Worsdell Drive, Gateshead, Tyne and Wear, NE8 | £ 140,000 | BUY | Unknown | 0.01 KM |
| Cameronian Square, Gateshead, NE8 | £ 170,000 | BUY | 5 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 27 Midlothian Court | £ 179,995 | 0.29 KM |
| 41 Midlothian Court | £ 168,495 | 0.29 KM |
| 28 Midlothian Court | £ 181,995 | 0.29 KM |
| 45 Midlothian Court | £ 162,995 | 0.29 KM |
| 43 Midlothian Court | £ 117,995 | 0.31 KM |