Forth Banks Tower, Forth Banks, Newcastle Upon Tyne, NE1
PA

Forth Banks Tower, Forth Banks, Newcastle Upon Tyne, NE1

By Pat Robson

£ 110,000

Reviews

3 out of 5 stars

Pat Robson says ..

**One Bedroom Apartment With Office / Spare Room**Quayside Views**Car Parking Space** A purpose built fifth floor apartment, well located with walking distance of Newcastle City Centre and Quayside amenities. Exceeding 760 square feet, the apartment enjoys an impressive waster-side aspect and inc...

Property Oracle says ..

This 1-bedroom apartment is located in Forth Banks Tower, Newcastle Upon Tyne. The apartment is modern and appears to be in good condition, with a contemporary kitchen and bathroom. The images show a light and airy living space with floor-to-ceiling windows offering views of the Tyne River. The location is central, close to Newcastle train station, providing convenient access to transportation links. The proximity to North East Futures Utc and Callerton Academy is also a positive for families or those seeking educational opportunities. However, the lack of outdoor space is a notable drawback. The list price of £110,000 is below the average price for the area (£219,624), and considering the property’s condition and location, it could represent good value, although more comparative data on similar properties in the building would be beneficial to confirm this. The average price per square foot in the area is £227, while this property is listed at approximately £165 per square foot.

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
8
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
668.98
Lot (est)
761.01

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
151,858.46 £
Decreased by 5.81 %
from 161,224.18 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est letting value
668.98 £/mo
Unchanged by 0.00 %
from 668.98 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • Pat Robson created the listing.

Nearby Schools

NameTypeOfstedDistance
North East Futures UtcUniversity Technical College0.20 KM
Callerton AcademyFree Schools0.84 KM
NcgFurther EducationRequires improvement1.02 KM
Our Lady And St Anne'S Catholic Primary SchoolAcademy Converter1.02 KM
Teams Children'S CentreChildren's Centre Linked Site1.11 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Cookson's Lane £ 000.00 KM
Orchard Street £ 000.00 KM
Sussex Street £ 000.00 KM
Stephenson's Monument Park £ 000.00 KM
Dispensary Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.24 KM
Manors7603MAS1.62 KM
Dunston7744DOT3.23 KM
Metrocentre7725MCE5.35 KM
Heworth7766HEW7.06 KM

Nearby Properties

AddressPriceDistance
34b Clayton Street West £ 72,0000.40 KM
32b Clayton Street West £ 60,0000.40 KM
34a Clayton Street West £ 110,0000.40 KM
32a Clayton Street West £ 235,0000.40 KM
34e Clayton Street West £ 87,0000.40 KM