Merchants Quay, Newcastle upon Tyne, Tyne and Wear, NE1
By Bridgfords
£ 130,000
Reviews
3 out of 5 stars
Bridgfords says ..
Spacious One-Bedroom Apartment with Stunning River Views – Ideal for First-Time Buyers and Investors Located in the heart of Merchants Quay, this delightful one-bedroom apartment offers a bright and spacious living experience. Boasting a large private terrace with fantastic views...
Property Oracle says ..
Merchants Quay, Newcastle upon Tyne, Tyne and Wear, NE1 is a 1-bedroom flat listed at £130,000. The property boasts 688 sqft of living space and a 488 sqft plot. Given its location in the Monument area of Newcastle upon Tyne, close to transport links and educational institutions, the location score is high. The images show a modern flat in good condition with a patio offering views of the Tyne bridges. The property appears well-maintained, suggesting a high condition score. While the plot size is relatively small for a flat, the presence of a patio adds value. The average price per sqft in the area is £227, and while this property is below average in price, it is important to note that the average sqft for properties in the area is 965 sqft, significantly larger than this property. Considering the modern condition, desirable location, and the inclusion of a patio, the list price appears reasonable, resulting in a moderate price score.
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
- 9
- Land
- 6
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 688.00
- Lot (est)
- 488.00
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
- 225,500.00 £Decreased by 13.54 %
- Est sale value
- 156,176.00 £Decreased by 5.81 %
- Average area rental value
- 1,202.00 £/moDecreased by 6.09 %
- Est letting value
- 688.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.40 %Increased by 8.66 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Bridgfords marked this listing as sold.
Bridgfords created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| North East Futures Utc | University Technical College | 0.55 KM | |
| University Of Northumbria At Newcastle | Higher Education Institutions | 1.09 KM | |
| Tashbar Boys Nursery | Other Independent School | 1.25 KM | |
| Christ Church Cofe Primary School | Voluntary Aided School | Good | 1.27 KM |
| Gateshead Jewish Nursery School | Other Independent School | Inadequate | 1.32 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| High Level Bridge | £ 207,375 | 0 | 0.00 KM |
| B1600 | £ 0 | 0 | 0.00 KM |
| Saint Nicholas Chare | £ 0 | 0 | 0.00 KM |
| Stephenson's Monument Park | £ 0 | 0 | 0.00 KM |
| Swan House Roundabout | £ 170,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newcastle | 7728 | NCL | 0.68 KM |
| Manors | 7603 | MAS | 0.91 KM |
| Dunston | 7744 | DOT | 3.93 KM |
| Metrocentre | 7725 | MCE | 6.10 KM |
| Heworth | 7766 | HEW | 6.39 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Merchants Quay, Newcastle Upon Tyne , Tyne And Wear | £ 179,950 | BUY | 6 / 10 | 0.00 KM |
| Close, Newcastle Upon Tyne, NE1 | £ 175,000 | BUY | 5 / 10 | 0.00 KM |
| Close, Newcastle Upon Tyne, NE1 | £ 175,000 | BUY | 6 / 10 | 0.00 KM |
| Merchants Quay, Newcastle upon Tyne, Tyne and Wear, NE1 | £ 130,000 | BUY | 7 / 10 | 0.00 KM |
| 58 Close, Newcastle, NE1 3RJ | £ 200,000 | BUY | Unknown | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 68 - 72 Close | £ 100,000 | 0.00 KM |
| The Turnbull | £ 150,000 | 0.07 KM |
| 23b Queen Street | £ 165,000 | 0.49 KM |
| 9e Queen Street | £ 90,000 | 0.49 KM |
| 17e Queen Street | £ 134,500 | 0.49 KM |