Merchants Quay, Quayside
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Merchants Quay, Quayside

By Signature

£ 170,000

Reviews

3 out of 5 stars

Signature says ..

Situated on the beautiful Newcastle Quayside, is this fantastic two bedroom apartment. available for sale to investors. Offering spacious and modern living areas throughout, the accommodation operates within Council Tax Band D and benefits from stunning views across the River Tyne. The ...

Property Oracle says ..

This two-bedroom apartment situated on Newcastle’s Quayside presents a compelling opportunity. The location is a major draw, offering residents the benefits of a vibrant city centre setting alongside the scenic Tyne River. The close proximity to Newcastle Central Station provides convenient access to regional and national transport links. The apartment itself shows well in the photographs, featuring a modern kitchen, open-plan living area, and a decent-sized bathroom. While the lack of exterior space (garden or balcony) might be a drawback for some buyers, this is common for Quayside properties and does not greatly detract from the property’s overall appeal. The list price appears to be competitive relative to other properties in the area, but further verification of actual square footage would help in making a definitive judgement of its value.

The apartment is ideal for professionals, couples, or investors seeking a well-located property in a desirable area. However, potential buyers should carefully consider their individual needs and preferences concerning the lack of outdoor space. Overall, this is a property that offers good value within a highly sought-after location.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
9
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
700.00

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 £
Est sale value
158,900.00 £
Decreased by 5.81 %
from 168,700.00 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est letting value
700.00 £/mo
Unchanged by 0.00 %
from 700.00 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Signature created the listing.

Nearby Schools

NameTypeOfstedDistance
North East Futures UtcUniversity Technical College0.57 KM
University Of Northumbria At NewcastleHigher Education Institutions1.08 KM
Tashbar Boys NurseryOther Independent School1.25 KM
Christ Church Cofe Primary SchoolVoluntary Aided SchoolGood1.25 KM
Gateshead Jewish Nursery SchoolOther Independent SchoolInadequate1.32 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
B1600 £ 000.00 KM
High Level Bridge £ 207,37500.00 KM
Saint Nicholas Chare £ 000.00 KM
Stephenson's Monument Park £ 000.00 KM
Swan House Roundabout £ 170,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.69 KM
Manors7603MAS0.90 KM
Dunston7744DOT3.95 KM
Metrocentre7725MCE6.12 KM
Heworth7766HEW6.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merchants Quay, Quayside £ 170,000BUY6 / 100.00 KM
38 Merchants Quay 46-54, Newcastle City Centre £ 85,000BUY6 / 100.00 KM
Merchants Quay, Newcastle Upon Tyne £ 195,000BUY7 / 100.00 KM
Apartment 22 Merchants Quay, 46-54 Close, Newcastle upon Tyne, Tyne and Wear, NE1 3RF £ 120,000BUYUnknown0.01 KM
Merchants Quay, Newcastle Upon Tyne £ 99,950BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
68 - 72 Close £ 100,0000.02 KM
The Turnbull £ 150,0000.08 KM
17e Queen Street £ 134,5000.47 KM
9e Queen Street £ 90,0000.47 KM
23b Queen Street £ 165,0000.47 KM