Oldgate, Morpeth, Northumberland, NE61
By Bradley Hall Chartered Surveyors & Estate Agents
£ 120,000
Reviews
2 out of 5 stars
Bradley Hall Chartered Surveyors & Estate Agents says ..
Bradley Hall is delighted to welcome to the residential property market this one bedroom, first floor maisonette, conveniently situated within Morpeth town centre. Accessed through an individual private entrance door into the internal hallway, doors give access to the first floor accom...
Property Oracle says ..
This one-bedroom, one-bathroom property in Morpeth town centre presents a mixed bag of pros and cons for potential buyers. Its central location is a strong advantage, offering immediate access to shops, restaurants, schools such as The King Edward VI Academy (rated Outstanding by Ofsted) and Morpeth Train Station, providing connections to Newcastle and beyond. The interior is clean, and the living space seems adequate for a single person or couple. However, the images reveal a small kitchen that may require some modernisation, and there is no garden or outdoor space, which is a considerable drawback for many buyers. The overall condition of the property appears reasonably good, but cosmetic enhancements would likely improve its appeal. The price seems competitive when compared to other properties in the immediate area, however a detailed survey would be necessary to fully assess the structural integrity of the property before a final conclusion regarding value can be made. The lack of land and limited outdoor space will impact the marketability and appeal for some buyers.
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
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 778.23
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
- 625,000.00 £Increased by 9.15 %
- Est sale value
- 515,188.26 £Increased by 24.67 %
- Average area rental value
- 1,525.00 £/moIncreased by 1.26 %
- Est letting value
- 778.23 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.93 %Decreased by 7.28 %
- Crime Rate
- 139.00 %Unchanged by 0.00 %
Agent Activity
Bradley Hall Chartered Surveyors & Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The King Edward Vi Academy | Academy Converter | Outstanding | 0.82 KM |
| Abbeyfields First School | Academy Converter | 1.00 KM | |
| Morpeth Chantry Middle School | Academy Converter | Requires improvement | 1.01 KM |
| Morpeth Newminster Middle School | Academy Converter | Requires improvement | 1.13 KM |
| Morpeth First School | Community School | Outstanding | 1.54 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Market Place | £ 110,000 | 0 | 0.00 KM |
| Well Way | £ 0 | 0 | 0.00 KM |
| Abbey View | £ 0 | 0 | 0.00 KM |
| Challoner's Gardens | £ 270,000 | 0 | 0.00 KM |
| The Grove | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Morpeth | 7680 | MPT | 1.09 KM |
| Pegswood | 7685 | PEG | 5.36 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Oldgate, Morpeth, Northumberland, NE61 | £ 120,000 | BUY | 5 / 10 | 0.00 KM |
| Mathesons Gardens, Morpeth | £ 155,000 | BUY | 5 / 10 | 0.15 KM |
| Cafe Vault, Newgate Street, Morpeth | £ 49,995 | BUY | 8 / 10 | 0.16 KM |
| Wellway, Morpeth, Northumberland, NE61 1BJ | £ 165,000 | BUY | 5 / 10 | 0.16 KM |
| Pretoria Avenue, Morpeth, NE61 | £ 140,000 | BUY | 6 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 Wheatsheaf Yard | £ 137,500 | 0.02 KM |
| 4 Wheatsheaf Yard | £ 120,000 | 0.02 KM |
| 5 New Market | £ 155,000 | 0.08 KM |
| 5 Hudson Place | £ 90,000 | 0.12 KM |
| 5 Challoner Place | £ 47,500 | 0.12 KM |