Granville Road, Newcastle Upon Tyne, Tyne and Wear, NE2 1TP
GR

Granville Road, Newcastle Upon Tyne, Tyne and Wear, NE2 1TP

By Greetham Gilbert

£ 999,950

Reviews

2 out of 5 stars

Greetham Gilbert says ..

A rare chance to acquire a substantial 12-bedroom property, configured as three student HMO apartments, offering an impressive projected rental income in Newcastle upon Tyne.

Property Oracle says ..

This is a large terraced property located in the desirable area of South Jesmond. The property boasts 12 bedrooms and 3 bathrooms, making it suitable for a large family or conversion into multiple units. However, the property requires significant renovation and modernisation throughout. The location is a major selling point, with proximity to schools, transport, and local amenities. The price seems high considering the condition and required renovation work.

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
5
Condition
4
Location
8
Land
3
Bedrooms
12
Bathrooms
3

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
287,488.00 £
Decreased by 9.58 %
from 317,935.00 £
Average area rental value
1,342.00 £/mo
Decreased by 11.65 %
from 1,519.00 £/mo
Est rental Yield
5.60 %
Decreased by 2.27 %
from 5.73 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Greetham Gilbert created the listing.

Nearby Schools

NameTypeOfstedDistance
Newcastle Preparatory SchoolOther Independent School0.56 KM
Royal Grammar SchoolOther Independent School0.68 KM
St Catherine'S Catholic Primary SchoolAcademy Converter0.76 KM
Newcastle High School For GirlsOther Independent School0.97 KM
Christ Church Cofe Primary SchoolVoluntary Aided SchoolGood1.01 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
B1307 £ 000.00 KM
Rosedale Terrace £ 000.00 KM
Helmsley Mews £ 000.00 KM
Buston Terrace £ 000.00 KM
Gladstone Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS1.33 KM
Newcastle7728NCL2.48 KM
Dunston7744DOT5.88 KM
Heworth7766HEW6.23 KM
Metrocentre7725MCE7.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Granville Road, Newcastle Upon Tyne, Tyne and Wear, NE2 1TP £ 999,950BUY5 / 100.00 KM
Granville Road, Newcastle Upon Tyne, Tyne and Wear, NE2 1TP £ 1,100,000BUYUnknown0.00 KM
Granville Road, Jesmond, Newcastle Upon Tyne £ 295,000BUY7 / 100.01 KM
Granville Road, Jesmond, Newcastle Upon Tyne, NE2 £ 250,000BUY6 / 100.01 KM
Granville Road, Jesmond, Newcastle Upon Tyne £ 795,000BUY6 / 100.02 KM

Nearby Properties

AddressPriceDistance
5c Granville Road £ 183,0000.01 KM
11b Granville Road £ 59,5000.01 KM
12c Granville Road £ 305,0000.01 KM
4 Granville Road £ 585,0000.01 KM
5b Granville Road £ 183,0000.01 KM