The Arcade, Tynemouth
SI

The Arcade, Tynemouth

By Signature

£ 600,000

Reviews

3 out of 5 stars

Signature says ..

Signature North East welcomes you to this stunning four-bedroom penthouse apartment in the heart of Tynemouth. Nestled within a historic building that once served as a grand hotel, the property boasts a private entrance and beautifully proportioned rooms throughout. Set in an enviable location, r...

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom apartment located in Tynemouth, North Tyneside. Based on the images, it appears to be a period property with high ceilings and large rooms. The apartment benefits from a modern kitchen and bathrooms. The property has a small, but well-maintained, roof terrace with views over the coast. The location is excellent, with good local schools nearby. The list price of £600,000 seems high compared to the average price in the area (£525,346) and the average price per square foot (£302). However, the property’s unique features, location, and condition may justify this higher price. More information on the plot size would be beneficial to provide a more accurate analysis.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
9
Land
3
Bedrooms
4
Bathrooms
2
Sqft (est)
1,530.00

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
911,990.00 £
Increased by 52.54 %
from 597,864.00 £
Est sale value
731,340.00 £
Decreased by 4.59 %
from 766,530.00 £
Average area rental value
1,200.00 £/mo
Decreased by 18.81 %
from 1,478.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,530.00 £/mo
Est rental Yield
1.58 %
Decreased by 46.80 %
from 2.97 %
Crime Rate
41.00 %
Unchanged by 0.00 %
from 41.00 %

Agent Activity

  • Signature created the listing.

Nearby Schools

NameTypeOfstedDistance
Kings Priory SchoolAcademy Sponsor LedGood0.27 KM
Sir James Knott Memorial Nursery SchoolLocal Authority Nursery SchoolGood0.91 KM
Hadrian Primary SchoolCommunity SchoolOutstanding1.78 KM
Cullercoats Primary SchoolCommunity SchoolGood2.09 KM
Marine Park Children'S CentreChildren's Centre2.09 KM

Images

Front External Living Room Living Room Living Room Kitchen Dining Room Bedroom One En Suite Bedroom Two Bedroom Three Bedroom Four Bathroom Bathroom Roof Terrace Roof Terrace Roof Terrace Rear External

Nearby Streets

NameAverage PriceAverage SqftDistance
Knott Memorial Flats £ 000.00 KM
Kingsway £ 700,00000.00 KM
Walker Place £ 300,00000.00 KM
Park Avenue £ 375,00000.00 KM
Henry Street £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Arcade, Tynemouth £ 600,000BUY6 / 100.00 KM
The Arcade, Tynemouth £ 600,000BUY6 / 100.00 KM
Arcade Park, Tynemouth £ 295,000BUY6 / 100.04 KM
Arcade Park, Tynemouth, NE30 £ 295,000BUY6 / 100.04 KM
King Edwards Court, Front Street, Tynemouth, North Shields £ 285,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
12 Arcade Park £ 340,0000.04 KM
6 Arcade Park £ 275,0000.04 KM
10 Arcade Park £ 204,9950.04 KM
4 Arcade Park £ 247,5000.04 KM
5 Arcade Park £ 195,5550.04 KM