Oldgate, Morpeth, Northumberland, NE61
BR

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 %
from 572,608.00 £
Est sale value
515,188.26 £
Increased by 24.67 %
from 413,240.13 £
Average area rental value
1,525.00 £/mo
Increased by 1.26 %
from 1,506.00 £/mo
Est letting value
778.23 £/mo
Unchanged by 0.00 %
from 778.23 £/mo
Est rental Yield
2.93 %
Decreased by 7.28 %
from 3.16 %
Crime Rate
139.00 %
Unchanged by 0.00 %
from 139.00 %

Agent Activity

  • Bradley Hall Chartered Surveyors & Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
The King Edward Vi AcademyAcademy ConverterOutstanding0.82 KM
Abbeyfields First SchoolAcademy Converter1.00 KM
Morpeth Chantry Middle SchoolAcademy ConverterRequires improvement1.01 KM
Morpeth Newminster Middle SchoolAcademy ConverterRequires improvement1.13 KM
Morpeth First SchoolCommunity SchoolOutstanding1.54 KM

Images

Picture No. 11 Picture No. 01 Picture No. 20 Picture No. 21 Picture No. 17 Picture No. 15 Picture No. 16 Picture No. 14 Picture No. 13 Picture No. 02 Picture No. 03 Picture No. 04 Picture No. 05 Picture No. 06 Picture No. 07 Picture No. 09 Picture No. 12 Picture No. 08

Nearby Streets

NameAverage PriceAverage SqftDistance
Market Place £ 110,00000.00 KM
Well Way £ 000.00 KM
Abbey View £ 000.00 KM
Challoner's Gardens £ 270,00000.00 KM
The Grove £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Morpeth7680MPT1.09 KM
Pegswood7685PEG5.36 KM

Nearby Listings

AddressPriceTypeScoreDistance
Oldgate, Morpeth, Northumberland, NE61 £ 120,000BUY5 / 100.00 KM
Mathesons Gardens, Morpeth £ 155,000BUY5 / 100.15 KM
Cafe Vault, Newgate Street, Morpeth £ 49,995BUY8 / 100.16 KM
Wellway, Morpeth, Northumberland, NE61 1BJ £ 165,000BUY5 / 100.16 KM
Pretoria Avenue, Morpeth, NE61 £ 140,000BUY6 / 100.16 KM

Nearby Properties

AddressPriceDistance
2 Wheatsheaf Yard £ 137,5000.02 KM
4 Wheatsheaf Yard £ 120,0000.02 KM
5 New Market £ 155,0000.08 KM
5 Hudson Place £ 90,0000.12 KM
5 Challoner Place £ 47,5000.12 KM