WPG lettings says ..

Property Oracle says ..

The property is a 1-bedroom apartment located on Melbourne Street in Newcastle Upon Tyne. It’s a modern apartment with 515 sqft of living space. The apartment is in excellent condition and appears well-maintained, with modern fixtures and fittings throughout. The kitchen and bathroom are modern and clean. The property benefits from a balcony. The location is excellent, situated in the Monument area of Newcastle, which is known for its proximity to transport links, shops, and amenities. The nearby train station, Manors, is only 0.12km away, providing easy access to the wider region. There are also several schools within a reasonable distance, including Christ Church Cofe Primary School (0.48km) and the University of Northumbria (0.63km). This makes the property attractive to students and professionals. While the plot size is the same as the living space, suggesting no significant garden, the location more than compensates for this. The apartment’s modern design and condition make it appealing to buyers. Considering the average price per sqft in the area is £227, and this property is listed at £119,500 for 515 sqft, the price per sqft is approximately £232. This is slightly higher than the average, however, given the property’s modern condition, excellent location, and the generally high demand for property in the Monument area of Newcastle, the list price appears reasonable. The nearby comparable properties support this assessment, although the lack of sqft data for those listings makes a precise comparison difficult.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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