COLOMBO SQUARE, GATESHEAD
TH

COLOMBO SQUARE, GATESHEAD

By The Good Estate Agency

£ 157,500

Reviews

2 out of 5 stars

The Good Estate Agency says ..

2 BED APARTMENT WITH PARKING. An excellent, 2nd floor apartment in Colombo Square, part of the sought after Ochre Yards development. This stylish property comprises; two double bedrooms, hall, hall cupboard, bathroom and en suite to master bedroom, open plan living and dining room with both full ...

Property Oracle says ..

This 2-bedroom, 2-bathroom apartment in Colombo Square, Gateshead, is situated in a location offering relatively easy access to Newcastle city centre via nearby train stations. The property’s interior, as depicted in the photographs, is presented in a well-maintained condition. The available images show a clean apartment with a generally contemporary feel. The kitchen and bathrooms appear reasonably modern, while the living areas benefit from plenty of natural light. However, it’s important to note that the property lacks any external space, a common limitation for apartments. A lack of information on the building’s amenities or management fees, impacts the full assessment of the property, which is something to consider for a potential buyer. The list price appears to be within the range of comparable properties in the vicinity, and therefore competitive, provided that all other factors are considered and compared. Given the lack of detailed information on price per sqft for comparable properties it is difficult to gauge how this property compares in terms of value. Overall, the property would be suitable for a range of buyers such as first-time buyers or investors looking for a convenient city-centre apartment. A physical viewing would be advised to assess the complete condition and verify the information given.

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
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
663.06

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
131,874.00 £
Decreased by 12.47 %
from 150,654.00 £
Est sale value
112,720.20 £
Decreased by 10.53 %
from 125,981.40 £
Average area rental value
1,083.00 £/mo
Increased by 0.65 %
from 1,076.00 £/mo
Est letting value
663.06 £/mo
Unchanged by 0.00 %
from 663.06 £/mo
Est rental Yield
9.85 %
Increased by 14.94 %
from 8.57 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • The Good Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
North East Futures UtcUniversity Technical College0.70 KM
Tashbar Boys NurseryOther Independent School0.80 KM
Matov Children'S CentreChildren's Centre Linked Site0.88 KM
Gateshead Jewish Nursery SchoolOther Independent SchoolInadequate0.88 KM
St Joseph'S Catholic Primary School, GatesheadAcademy Converter1.06 KM

Images

IMG_2301_2_3_4_5_fused IMG_2331_2_3_4_5_fused IMG_2296_297_298_299_300_fused IMG_2311_2_3_4_5_fused IMG_2306_07_08_09_10_fused IMG_2321_2_3_4_5_fused IMG_2316_2_3_4_5 IMG_2326_27_28_29_30_fused

Nearby Streets

NameAverage PriceAverage SqftDistance
B1600 £ 000.00 KM
Gateshead Station West Bridge Number 307 £ 140,00000.00 KM
Askew Road £ 000.00 KM
High Level Bridge £ 207,37500.00 KM
Saint Nicholas Chare £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.93 KM
Manors7603MAS1.21 KM
Dunston7744DOT3.79 KM
Metrocentre7725MCE6.12 KM
Heworth7766HEW6.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
COLOMBO SQUARE, GATESHEAD £ 157,500BUY5 / 100.00 KM
COLOMBO SQUARE, OCHRE YARDS £ 157,500BUY5 / 100.00 KM
Colombo Square, Worsdell Drive, Gateshead, NE8 £ 115,000BUY6 / 100.00 KM
Colombo Square, Worsdell Drive, Gateshead Quays, NE8 £ 150,000BUY6 / 100.01 KM
Bittern House, Worsdell Drive, Gateshead £ 250,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
28 Midlothian Court £ 181,9950.18 KM
41 Midlothian Court £ 168,4950.18 KM
27 Midlothian Court £ 179,9950.18 KM
45 Midlothian Court £ 162,9950.18 KM
43 Midlothian Court £ 117,9950.20 KM