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 %
- Est sale value
- 577,126.83 £Increased by 74.09 %
- Average area rental value
- 545.00 £/moDecreased by 34.57 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 0.86 %Decreased by 62.77 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Purplebricks created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hotspur Primary School | Foundation School | Good | 0.13 KM |
| Ouseburn | Children's Centre Linked Site | 0.21 KM | |
| St Catherine'S Catholic Primary School | Academy Converter | 0.80 KM | |
| St Teresa'S Catholic Primary School, Heaton | Academy Converter | 1.04 KM | |
| Byker Primary School | Community School | Outstanding | 1.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St Catherines Grove | £ 0 | 0 | 0.00 KM |
| Saint Catherines Court | £ 0 | 0 | 0.00 KM |
| Riverside Walk | £ 0 | 0 | 0.00 KM |
| Portland Road | £ 0 | 0 | 0.00 KM |
| Matthew Street | £ 155,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manors | 7603 | MAS | 1.80 KM |
| Newcastle | 7728 | NCL | 3.27 KM |
| Heworth | 7766 | HEW | 4.80 KM |
| Dunston | 7744 | DOT | 6.62 KM |
| Metrocentre | 7725 | MCE | 8.70 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Stratford Road, Newcastle Upon Tyne, NE6 | £ 240,000 | BUY | 4 / 10 | 0.00 KM |
| Mowbray Street, Heaton, Newcastle upon Tyne, Tyne and Wear, NE6 5NY | £ 150,000 | BUY | 6 / 10 | 0.07 KM |
| Mowbray Street, Heaton, Newcastle Upon Tyne | £ 160,000 | BUY | 6 / 10 | 0.11 KM |
| Stratford Road, Newcastle Upon Tyne, NE6 | £ 325,000 | BUY | Unknown | 0.12 KM |
| 112 Mowbray Street, Newcastle upon Tyne NE6 5PA | £ 70,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 21 Stratford Road | £ 113,000 | 0.02 KM |
| 9 Stratford Road | £ 220,000 | 0.02 KM |
| 63 Stratford Road | £ 132,500 | 0.02 KM |
| 47 Stratford Road | £ 85,000 | 0.02 KM |
| 7 Stratford Road | £ 168,000 | 0.02 KM |