Signature says ..
A great investment opportunity has arisen to the market to acquire this two bedroom flat, situated within the popular residential area of Benwell and is close to the enviable city centre of Newcastle Upon Tyne and its many amenities. The property briefly comprises a living room and kitc...
Property Oracle says ..
This two-bedroom flat located on Canning Street in Benwell, Newcastle Upon Tyne, presents an interesting investment opportunity. The property’s proximity to well-regarded schools, such as Canning Street Primary School and Trinity Academy Newcastle (both rated ‘Good’ by Ofsted), is a significant advantage. The close proximity to Newcastle’s city centre offers access to a variety of amenities, employment opportunities, and transport links. However, there is a lack of precise information regarding the actual size of the flat, the plot size, and the specific internal condition. Based on the provided image, the exterior of the property shows signs of aging and potentially requires some maintenance or cosmetic upgrades. The asking price of £64,950 falls within the price range of similar properties on the street, although further comparable data is limited, specifically missing data on square footage. A thorough interior inspection is strongly recommended before making any purchasing decisions to ascertain the internal condition and fully appreciate the property’s true value. The lack of plot size details is also a consideration that could influence a buyer’s decision. Overall, it’s a promising investment property for those keen on a central location near Newcastle Upon Tyne, but thorough due diligence is necessary before committing to the purchase.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- 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
- 116,000.00 £Increased by 3.23 %
- Average area rental value
- 693.00 £/moDecreased by 21.52 %
- Est rental Yield
- 7.17 %Decreased by 23.97 %
- Crime Rate
- 18.00 %Unchanged by 0.00 %
Agent Activity
Signature created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Canning Street Primary School | Foundation School | Good | 0.12 KM |
| Trinity Academy Newcastle | Academy Special Converter | Good | 0.23 KM |
| Trinity Solutions Academy | Academy Converter | Requires improvement | 0.26 KM |
| Trinity Post 16 Solutions Ltd. | Special Post 16 Institution | Good | 0.26 KM |
| Sure Start West Children'S Centre | Children's Centre | 0.46 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Glebe Street | £ 0 | 0 | 0.00 KM |
| West Road | £ 0 | 0 | 0.00 KM |
| Western Avenue | £ 0 | 0 | 0.00 KM |
| Tiverton Avenue | £ 0 | 0 | 0.00 KM |
| Merton Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Metrocentre | 7725 | MCE | 1.90 KM |
| Dunston | 7744 | DOT | 3.19 KM |
| Newcastle | 7728 | NCL | 4.54 KM |
| Manors | 7603 | MAS | 5.88 KM |
| Blaydon | 7503 | BLO | 6.11 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Canning Street, Benwell | £ 64,950 | BUY | 4 / 10 | 0.00 KM |
| Canning Street, Benwell | £ 69,950 | BUY | 4 / 10 | 0.01 KM |
| Strathmore Crescent, Benwell, Newcastle upon Tyne, Tyne and Wear, NE4 8UB | £ 45,000 | BUY | 5 / 10 | 0.02 KM |
| Colston Street, Benwell, Newcastle upon Tyne, NE4 | £ 65,000 | BUY | 6 / 10 | 0.06 KM |
| Strathmore Crescent, Benwell, Newcastle Upon Tyne | £ 70,000 | BUY | 4 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 113 Canning Street | £ 40,000 | 0.03 KM |
| 58 Canning Street | £ 66,500 | 0.03 KM |
| 100 Canning Street | £ 62,500 | 0.03 KM |
| 94 Canning Street | £ 50,000 | 0.03 KM |
| 76 Canning Street | £ 57,000 | 0.03 KM |