M L Estates Ltd says ..
Great investment opportunity, currently tenanted paying £450pcm This GROUND FLOOR FLAT comprises of:- hallway, lounge, kitchen with built in oven and hob, DOUBLE BEDROOM, bathroom with White suite, communal gardens. There is UPVC DOUBLE GLAZING & GAS CENTRAL HEATING.
Property Oracle says ..
This property is a 1-bedroom apartment located in Seghill, Northumberland. The asking price is significantly lower than the average price for the area, which is £549,545. However, it is important to note that the average property size in the area is substantially larger (1288 sqft) compared to this apartment (567.88 sqft). The apartment appears to be in reasonable condition, although some aspects of the interior decor might benefit from updating. The property includes a small garden area. The location is close to a primary school (Seghill First School) and other amenities, with Cramlington train station approximately 5.41km away. Given the smaller size and lower price point, this property may appeal to first-time buyers or investors looking for an affordable entry point into the Northumberland market, but a thorough survey is recommended.
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
- 8
- Condition
- 7
- Location
- 7
- Land
- 4
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 567.88
- Lot (est)
- 489.00
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
- 625,000.00 £Increased by 9.15 %
- Est sale value
- 375,936.56 £Increased by 24.67 %
- Average area rental value
- 1,525.00 £/moIncreased by 1.26 %
- Est letting value
- 567.88 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.93 %Decreased by 7.28 %
- Crime Rate
- 29.00 %Unchanged by 0.00 %
Agent Activity
M L Estates Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Seghill First School | Community School | Good | 0.36 KM |
| Atkinson House School | Community Special School | Requires improvement | 0.84 KM |
| Seaton Delaval First School | Community School | Good | 2.80 KM |
| Amberley Primary School | Foundation School | Good | 2.81 KM |
| Seaton Valley Children'S Centre | Children's Centre | 2.83 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Middle Farm Cottages | £ 0 | 0 | 0.00 KM |
| Kensintgon Close | £ 130,000 | 0 | 0.00 KM |
| Elizabeth Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Cramlington | 7579 | CRM | 5.41 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Laycock Gardens, Seghill | £ 54,950 | BUY | 6 / 10 | 0.00 KM |
| Beaumont Grange, Seghill, Cramlington, NE23 7SF | £ 380,000 | BUY | 7 / 10 | 0.19 KM |
| Birchwood Close, Seghill, Cramlington, Northumberland, NE23 7HH | £ 260,000 | BUY | 6 / 10 | 0.20 KM |
| Northcott Gardens, Cramlington | £ 45,000 | BUY | 4 / 10 | 0.24 KM |
| Carrington Close, Seghill | £ 189,950 | BUY | 6 / 10 | 0.26 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 43 Chester Grove | £ 165,500 | 0.01 KM |
| 1 Chester Grove | £ 158,000 | 0.01 KM |
| 17 Chester Grove | £ 160,000 | 0.01 KM |
| 7 Chester Grove | £ 117,000 | 0.01 KM |
| 35 Chester Grove | £ 150,000 | 0.01 KM |