Park Avenue, Gosforth, Newcastle upon Tyne, Tyne and Wear, NE3
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Park Avenue, Gosforth, Newcastle upon Tyne, Tyne and Wear, NE3

By Reeds Rains

£ 70,000

Reviews

2 out of 5 stars

Reeds Rains says ..

This two-bedroom first-floor flat in Kirkley Lodge, Gosforth, offers a blend of comfort, convenience, and contemporary living.

Property Oracle says ..

This two-bedroom apartment in Kirkley Lodge, Gosforth, Newcastle upon Tyne, offers a potentially good value option for buyers looking for a modern and conveniently located property. Located on Park Avenue, it benefits from proximity to well-regarded primary schools like Regent Farm and Grange First Schools, both rated ‘Good’ by Ofsted. Transport links to Newcastle City Centre are within reasonable reach. The apartment itself appears to be in good condition, with modern fixtures and fittings, as evidenced by the interior photographs. The provided images show a clean and updated interior, featuring a modern kitchen and bathroom. The apartment’s size is relatively modest. A key factor to consider is the lack of private outdoor space, a common feature of apartment living. The listed price is significantly lower than the average price for properties on Park Avenue, suggesting potential value. However, this difference needs to be considered in the context of the property being an apartment rather than a house, and the absence of any land or private garden. Prospective buyers should carefully weigh these aspects against the location’s benefits and the apparent good condition of the property before making an informed decision. Further investigation into the specifics of service charges and any potential future maintenance costs associated with the building is highly recommended.

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
7
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
680.00

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
436,250.00 £
Increased by 29.63 %
from 336,531.00 £
Est sale value
240,720.00 £
Increased by 39.37 %
from 172,720.00 £
Average area rental value
1,046.00 £/mo
Increased by 15.20 %
from 908.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.88 %
Decreased by 11.11 %
from 3.24 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Reeds Rains marked this listing as sold.

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Regent Farm First SchoolFoundation SchoolGood0.35 KM
Grange First SchoolFoundation SchoolGood0.72 KM
St Charles' Catholic Primary SchoolAcademy Converter0.93 KM
Great Park AcademyFree Schools1.21 KM
Gosforth AcademyAcademy Converter1.21 KM

Images

Bedroom One Bedroom Two Shower Room Entry Gate Balcony Kitchen Outside Living Room

Nearby Streets

NameAverage PriceAverage SqftDistance
Laurel Avenue £ 000.00 KM
Rowan Drive £ 000.00 KM
Park Avenue £ 185,00000.00 KM
Sycamore Square £ 000.00 KM
Ashburton Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL5.51 KM
Manors7603MAS5.73 KM
Metrocentre7725MCE7.13 KM
Dunston7744DOT7.26 KM
Cramlington7579CRM9.03 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
4 Hepple Way £ 175,0000.12 KM
221 Park Avenue £ 39,9500.12 KM
207 Park Avenue £ 130,5000.12 KM
98 Park Avenue £ 151,0000.12 KM
201 Park Avenue £ 120,0000.12 KM