London Road, Newcastle
KE

London Road, Newcastle

By Keates

£ 145,000

Reviews

2 out of 5 stars

Keates says ..

A rare opportunity to purchase two pre-tenanted flats with land at the rear that may suit development, subject to planning permission. These pre-let properties are currently producing circa £10,400 per annum rental with scope to improve the rental income . The properties are both double gla...

Property Oracle says ..

This property located on London Road, Newcastle-under-Lyme, is presented as a block of apartments, currently generating rental income. The listing suggests potential for improved rental returns and even redevelopment (subject to planning permission). The two-bedroom property benefits from its proximity to several well-rated schools. While the images show a mixture of updated and older features, requiring a level of maintenance and potential renovations, its proximity to amenities, including train stations, adds to its appeal. The relatively small garden area is a limiting factor. A thorough survey and comparative market analysis are vital to determine the accurate market value of this property, considering it’s a multi-unit investment opportunity.

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
7
Condition
5
Location
7
Land
3
Bedrooms
2
Bathrooms
1

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
139,448.00 £
Decreased by 10.03 %
from 154,995.00 £
Average area rental value
796.00 £/mo
Decreased by 6.57 %
from 852.00 £/mo
Est rental Yield
6.85 %
Increased by 3.79 %
from 6.60 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • Keates marked this listing as sold.

  • Keates created the listing.

Nearby Schools

NameTypeOfstedDistance
Churchfields Primary SchoolAcademy Sponsor LedOutstanding0.40 KM
Chesterton Primary SchoolAcademy ConverterGood0.44 KM
Chesterton Community Sports CollegeAcademy ConverterGood0.56 KM
Crackley Bank Primary SchoolAcademy ConverterGood1.01 KM
Sun Academy BradwellAcademy ConverterGood1.35 KM

Images

Photo 7 Photo 3 Photo 33 Photo 29 Photo 9 Photo 27 Photo 26 Photo 4 Photo 13 Photo 28 Photo 25 Photo 10 Photo 14 Photo 18 Photo 15 Photo 36 Photo 32 Photo 35 Photo 20 Photo 21 Photo 30 Photo 34 Photo 5

Nearby Streets

NameAverage PriceAverage SqftDistance
Wright Avenue £ 000.00 KM
Mount Pleasant £ 000.00 KM
Victoria Place £ 134,95000.00 KM
Cross Street £ 200,00000.00 KM
Hazel Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Longport1305LPT3.57 KM
Kidsgrove1229KDG5.36 KM
Stoke-On-Trent1314SOT8.21 KM
Alsager1223ASG8.24 KM

Nearby Listings

AddressPriceTypeScoreDistance
London Road, Newcastle £ 145,000BUY5 / 100.00 KM
London Road, Chesterton, Newcastle-under-Lyme, ST5 £ 120,000BUY6 / 100.08 KM
174 London Road Chesterton, Newcastle, Staffordshire, ST5 7JB £ 85,000BUY5 / 100.15 KM
Warwick Street, Chesterton, Newcastle-under-Lyme £ 130,000BUY6 / 100.15 KM
128 London Road Chesterton, Newcastle, Staffordshire, ST5 7LR £ 85,000BUY5 / 100.16 KM

Nearby Properties

AddressPriceDistance
140 London Road £ 40,0000.01 KM
146 London Road £ 82,0000.01 KM
139a London Road £ 72,4990.01 KM
152 London Road £ 15,0000.01 KM
142 London Road £ 51,0000.01 KM