Stratford Road, Newcastle Upon Tyne, NE6
PU

Stratford Road, Newcastle Upon Tyne, NE6

By Purplebricks

£ 240,000

Reviews

2 out of 5 stars

Purplebricks says ..

** Attention Investors / Landlords ** Tenanted HMO with total gross yield of 10% Five bedroom property available for sale in the heart of Heaton on Stratford Road, Newcastle Upon Tyne. The property is within walking distance to Newcastle City Centre, Universities, Heaton Park and various local ...

Property Oracle says ..

This five-bedroom, four-bathroom property on Stratford Road in Newcastle upon Tyne’s Ouseburn area presents a mixed bag. Its location in a vibrant, up-and-coming neighbourhood with good access to transport links and schools is a strong selling point. The proximity to Newcastle city centre adds to its appeal. However, the property’s condition requires attention. The interior, as shown in the photographs, needs updating and modernisation. The kitchen and living areas appear dated and require refurbishment to enhance their appeal. The lack of a garden or outdoor space is a significant drawback, particularly for families or those seeking outdoor living. The property’s current state suggests it might be more suitable for investors targeting the rental market, given its potential for generating rental income, rather than owner-occupiers seeking a move-in-ready home. The absence of detailed information on comparable properties with similar square footage makes a definitive statement on the price difficult. However, the price point, considering the property’s condition and the lack of land, may be slightly elevated compared to similar properties in the area, although this needs further verification with more precise comparable data.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
1
Bedrooms
5
Bathrooms
4
Sqft (est)
1,010.73

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
760,833.00 £
Increased by 75.61 %
from 433,254.00 £
Est sale value
577,126.83 £
Increased by 74.09 %
from 331,519.44 £
Average area rental value
545.00 £/mo
Decreased by 34.57 %
from 833.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
0.86 %
Decreased by 62.77 %
from 2.31 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Hotspur Primary SchoolFoundation SchoolGood0.13 KM
OuseburnChildren's Centre Linked Site0.21 KM
St Catherine'S Catholic Primary SchoolAcademy Converter0.80 KM
St Teresa'S Catholic Primary School, HeatonAcademy Converter1.04 KM
Byker Primary SchoolCommunity SchoolOutstanding1.20 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St Catherines Grove £ 000.00 KM
Saint Catherines Court £ 000.00 KM
Riverside Walk £ 000.00 KM
Portland Road £ 000.00 KM
Matthew Street £ 155,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS1.80 KM
Newcastle7728NCL3.27 KM
Heworth7766HEW4.80 KM
Dunston7744DOT6.62 KM
Metrocentre7725MCE8.70 KM

Nearby Listings

AddressPriceTypeScoreDistance
Stratford Road, Newcastle Upon Tyne, NE6 £ 240,000BUY4 / 100.00 KM
Mowbray Street, Heaton, Newcastle upon Tyne, Tyne and Wear, NE6 5NY £ 150,000BUY6 / 100.07 KM
Mowbray Street, Heaton, Newcastle Upon Tyne £ 160,000BUY6 / 100.11 KM
Stratford Road, Newcastle Upon Tyne, NE6 £ 325,000BUYUnknown0.12 KM
112 Mowbray Street, Newcastle upon Tyne NE6 5PA £ 70,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
21 Stratford Road £ 113,0000.02 KM
9 Stratford Road £ 220,0000.02 KM
63 Stratford Road £ 132,5000.02 KM
47 Stratford Road £ 85,0000.02 KM
7 Stratford Road £ 168,0000.02 KM