St. James Boulevard, Newcastle Upon Tyne, NE1
XS

St. James Boulevard, Newcastle Upon Tyne, NE1

By XSELL PROPERTY LTD

£ 43,000

Reviews

2 out of 5 stars

XSELL PROPERTY LTD says ..

We are delighted to present an exclusive investment opportunity in the heart of Newcastle with a remarkable net yield of 10.5% and annual income of over £9,000!

Property Oracle says ..

This listing presents a studio apartment located in a convenient city centre location in Newcastle upon Tyne. The property is part of a larger building and comes with access to communal facilities such as a well-equipped gym and various common rooms. The apartment itself is modern and well-presented, with a clean, contemporary design. The images show a compact but functional layout with a fitted kitchen, a comfortable bed area, and a small but adequate bathroom. The location is a significant advantage, offering easy access to public transport via Newcastle train station which is close by. The proximity to educational facilities further adds to the appeal, suggesting a potential for strong rental demand from students or young professionals. However, it is important to note that the listing lacks crucial details such as the property’s square footage and the precise details of rental income and costs. This limits a complete assessment of the value for money and overall potential return on investment. Furthermore, more information is needed to assess the location fully, as it is not immediately obvious whether the surrounding street has a strong community feel and amenities. Given the focus on investment opportunities in the surrounding area, this listing is likely better suited for investors in the short-term rental market, rather than those seeking a long-term, owner-occupied home. Buyers should also confirm the exact rental yield and operational costs for the property before making any purchase decisions.

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
6
Condition
8
Location
7
Land
1
Bedrooms
0
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
225,500.00 £
Decreased by 13.54 %
from 260,800.00 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • XSELL PROPERTY LTD created the listing.

Nearby Schools

NameTypeOfstedDistance
Callerton AcademyFree Schools0.24 KM
NcgFurther EducationRequires improvement0.42 KM
Our Lady And St Anne'S Catholic Primary SchoolAcademy Converter0.44 KM
St Paul'S Cofe Primary SchoolVoluntary Aided SchoolGood0.78 KM
North East Futures UtcUniversity Technical College0.81 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Blandford Court £ 000.00 KM
Cross Villa Place No 3 £ 135,00000.00 KM
Orchard Street £ 000.00 KM
Cookson's Lane £ 000.00 KM
Sussex Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.69 KM
Manors7603MAS2.16 KM
Dunston7744DOT2.80 KM
Metrocentre7725MCE4.76 KM
Heworth7766HEW7.67 KM

Nearby Listings

AddressPriceTypeScoreDistance
St. James Boulevard, Newcastle Upon Tyne, NE1 £ 43,000BUY5 / 100.00 KM
St. James Boulevard, Newcastle Upon Tyne, NE1 £ 56,500BUYUnknown0.00 KM
St. James Boulevard, Newcastle Upon Tyne, NE1 £ 35,000BUY8 / 100.00 KM
St. James Boulevard, Newcastle Upon Tyne, NE1 £ 41,500BUY6 / 100.00 KM
St. James Boulevard, Newcastle Upon Tyne, NE1 £ 39,950BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
23 Blandford Square £ 160,0000.37 KM
202 Waterloo Street £ 147,0000.38 KM
178 Waterloo Street £ 60,0000.38 KM
172 Waterloo Street £ 136,4000.38 KM
220 Waterloo Street £ 116,0000.38 KM