Merchants Wharf, St Peter's Basin, Newcastle Upon Tyne, NE6
PA

Merchants Wharf, St Peter's Basin, Newcastle Upon Tyne, NE6

By Pat Robson

£ 310,000

Reviews

3 out of 5 stars

Pat Robson says ..

**Three Bedroom End Townhouse**River Views**South Facing Garden** Developed by Barratt Homes in the late 1980s, St Peter’s Basin provides a delightful marina village, with excellent access to The Ouseburn, The Quayside, and Newcastle City Centre. This three storey end town house occupies a ...

Property Oracle says ..

The property is located in the Merchants Wharf area of Newcastle Upon Tyne, Tyne and Wear. This location benefits from being relatively close to several train stations, including Heworth (2.72km), Manors (3.28km), and Newcastle (4.58km), providing good transport links. Additionally, there are several schools within a reasonable distance, such as Byker Primary School (0.98km), which has an ‘Outstanding’ Ofsted rating. This suggests a family-friendly environment with convenient access to education and commuting options.

The property itself appears to be in good condition based on the provided images. The interior is presented in a clean and well-maintained state, with modern fixtures and fittings in the kitchen and bathrooms. There is no visible evidence of significant repairs or renovations required. The presence of a garden is confirmed in the images, adding to the property’s appeal.

Considering the list price of £310,000, the average price in the area is £461,500, and the average price per square foot is £423. While the property’s square footage is not provided, the lower list price compared to the area average might suggest potential value for money, particularly if the property’s size is comparable to the area average. However, without knowing the actual square footage, a definitive conclusion on price versus value cannot be made. Further investigation into the property’s size and any unique features would be necessary to fully assess its value.

In summary, this property presents a potentially attractive option for buyers seeking a well-maintained property in a convenient location with good transport links and nearby schools. The list price may represent good value for money, pending confirmation of the property’s size. The presence of a garden is a positive feature.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
7
Bedrooms
3
Bathrooms
2

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
132,857.00 £
Decreased by 30.57 %
from 191,358.00 £
Average area rental value
718.00 £/mo
Decreased by 13.29 %
from 828.00 £/mo
Est rental Yield
6.49 %
Increased by 25.05 %
from 5.19 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Pat Robson created the listing.

Nearby Schools

NameTypeOfstedDistance
Sure Start East Children'S CentreChildren's Centre0.71 KM
Byker Primary SchoolCommunity SchoolOutstanding0.98 KM
St Lawrence'S Catholic Primary SchoolAcademy Converter1.07 KM
Bede Children'S CentreChildren's Centre Linked Site1.13 KM
St Wilfrid'S Roman Catholic Voluntary Aided Primary SchoolVoluntary Aided SchoolGood1.13 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Till Street £ 000.00 KM
Saint Peter's Quayside East £ 000.00 KM
Saint Peter's Court £ 38,70000.00 KM
Tyne Main Road £ 000.00 KM
Garmondsway £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW2.72 KM
Manors7603MAS3.28 KM
Newcastle7728NCL4.58 KM
Dunston7744DOT7.51 KM
Metrocentre7725MCE9.94 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merchants Wharf, St Peter's Basin, Newcastle Upon Tyne, NE6 £ 310,000BUY7 / 100.00 KM
Merchants Wharf, , £ 295,000BUY7 / 100.06 KM
Rowes Mews, St Peters Basin, Newcastle upon Tyne, NE6 £ 160,000BUY6 / 100.09 KM
Merchants Wharf, Newcastle upon Tyne, Tyne and Wear, NE6 £ 315,000BUY7 / 100.09 KM
Merchants Wharf, Newcastle upon Tyne, Tyne and Wear, NE6 £ 300,000BUY7 / 100.10 KM

Nearby Properties

AddressPriceDistance
5 Churchill Mews £ 135,0000.06 KM
12 Churchill Mews £ 180,0000.06 KM
27 Churchill Mews £ 150,0000.06 KM
2 Churchill Mews £ 136,5000.06 KM
6 Churchill Mews £ 149,9500.06 KM