Ettrick Lodge The Grove, Newcastle Upon Tyne
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Ettrick Lodge The Grove, Newcastle Upon Tyne

By Rook Matthews Sayer

£ 85,000

Reviews

2 out of 5 stars

Rook Matthews Sayer says ..

A well appointed one bedroom flat for the over 55s located on the second floor of this popular residential development on The Grove in central Gosforth. The property has elevated views of the garden and benefits from a fully fitted kitchen together with bathroom suite with shower. There is lift...

Property Oracle says ..

Gosforth is a popular suburb of Newcastle upon Tyne, known for its good schools and convenient location. The property is within easy reach of several highly-rated primary and secondary schools, as well as good transport links to Newcastle city centre. The proximity to local amenities and transport options makes this a desirable location for many buyers.

Based on the provided images, the property appears to be in reasonable condition, although some aspects of the interior, particularly the kitchen and bathroom, show their age and may require modernisation. The overall condition is acceptable, but not luxurious.

The property does not appear to have a private garden, which is a factor that may influence some buyers’ decisions.

The list price of £85,000 for a 471 sq ft property in Gosforth needs to be considered in relation to comparable properties in the area. Without specific price-per-square-foot data for similar properties in the immediate vicinity, a definitive assessment of value is difficult. However, considering the nearby listings which range from £92,000 to over £900,000, and given the property’s condition and lack of outdoor space, the list price may represent reasonable value for a buyer seeking a property requiring some modernisation in a convenient location. Further investigation into comparable recent sales is needed to confirm this assessment.

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
7
Condition
6
Location
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
471.00

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
1,142,500.00 £
Increased by 139.22 %
from 477,586.00 £
Est sale value
210,066.00 £
Increased by 26.35 %
from 166,263.00 £
Average area rental value
1,237.00 £/mo
Decreased by 7.48 %
from 1,337.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
1.30 %
Decreased by 61.31 %
from 3.36 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Rook Matthews Sayer created the listing.

Nearby Schools

NameTypeOfstedDistance
South Gosforth First SchoolFoundation SchoolGood0.66 KM
Gosforth Central Middle SchoolFoundation SchoolGood0.88 KM
Archbishop Runcie Cofe First SchoolVoluntary Aided SchoolGood0.93 KM
Newcastle School For BoysOther Independent School1.04 KM
Archibald First SchoolFoundation SchoolOutstanding1.20 KM

Images

Photo 5 Photo 4 Photo 3 Photo 2 Photo 1

Nearby Streets

NameAverage PriceAverage SqftDistance
Rectory Grove £ 000.00 KM
Davidson Cottages £ 000.00 KM
Cuthbert Walk £ 000.00 KM
Columba Walk £ 260,00000.00 KM
Elsdon Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS3.54 KM
Newcastle7728NCL3.85 KM
Dunston7744DOT6.61 KM
Metrocentre7725MCE7.47 KM
Heworth7766HEW8.68 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Grove, Newcastle Upon Tyne £ 140,000BUY6 / 100.00 KM
Ettrick Lodge The Grove, Newcastle Upon Tyne £ 85,000BUY5 / 100.00 KM
The Grove, Newcastle Upon Tyne £ 140,000BUY6 / 100.00 KM
Ettrick Lodge, The Grove, Newcastle Upon Tyne £ 140,000BUY6 / 100.00 KM
The Grove, Newcastle Upon Tyne £ 140,000BUY7 / 100.00 KM

Nearby Properties

AddressPriceDistance
37 The Grove £ 950,0000.05 KM
45 The Grove £ 2,575,0000.05 KM
11 Wentworth Grange £ 283,5000.14 KM
9 Wentworth Grange £ 92,0000.14 KM
1 Wentworth Grange £ 395,0000.14 KM