Melbourne Street, Newcastle upon Tyne, Tyne and Wear, NE1
By Your Move
£ 135,000
Reviews
2 out of 5 stars
Your Move says ..
Situated in the heart of Newcastle in the popular Rialto Building a two bedroom third floor apartment. Viewing is advised.
Property Oracle says ..
This property is a two-bedroom, two-bathroom flat located in Newcastle upon Tyne, close to the Monument. The flat is situated in a convenient location with nearby transportation links, schools, and amenities. While the images suggest the property could benefit from some modernisation and cleaning, the price of £135,000 appears relatively low compared to the average price of similar properties in the area. The lack of plot size information makes it difficult to assess the land aspect. More information on the property’s condition and any included parking would improve the overall 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
- 4
- Location
- 8
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 813.75
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 %
- Est sale value
- 184,721.25 £Decreased by 5.81 %
- Average area rental value
- 1,202.00 £/moDecreased by 6.09 %
- Est letting value
- 813.75 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.40 %Increased by 8.66 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Your Move created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Christ Church Cofe Primary School | Voluntary Aided School | Good | 0.34 KM |
| University Of Northumbria At Newcastle | Higher Education Institutions | 0.62 KM | |
| Gateshead College | Further Education | Requires improvement | 0.92 KM |
| Royal Grammar School | Other Independent School | 1.22 KM | |
| Newcastle Preparatory School | Other Independent School | 1.25 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Causey Bank | £ 185,000 | 0 | 0.00 KM |
| A186 | £ 0 | 0 | 0.00 KM |
| Croft Stairs | £ 0 | 0 | 0.00 KM |
| Back New Bridge Street | £ 0 | 0 | 0.00 KM |
| Lombard Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manors | 7603 | MAS | 0.10 KM |
| Newcastle | 7728 | NCL | 1.55 KM |
| Dunston | 7744 | DOT | 4.90 KM |
| Heworth | 7766 | HEW | 5.81 KM |
| Metrocentre | 7725 | MCE | 7.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Apartment 1, Rialto, Melbourne Street, Newcastle upon Tyne NE1 2JR | £ 70,000 | BUY | 5 / 10 | 0.00 KM |
| Melbourne Street, Newcastle upon Tyne, Tyne and Wear, NE1 | £ 135,000 | BUY | 5 / 10 | 0.00 KM |
| Melbourne Street, Newcastle Upon Tyne, NE1 | £ 195,000 | BUY | Unknown | 0.01 KM |
| Tower House, Tower Street, Newcastle upon Tyne, NE1 | £ 4,000,000 | BUY | 6 / 10 | 0.09 KM |
| Marconi House, Melbourne Street, Newcastle City Centre | £ 145,000 | BUY | Unknown | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 25 Love Lane | £ 230,000 | 0.29 KM |
| 13 Love Lane | £ 114,000 | 0.29 KM |
| 12 Love Lane | £ 127,500 | 0.29 KM |
| 33 Love Lane | £ 290,000 | 0.29 KM |
| 24 Love Lane | £ 110,000 | 0.29 KM |