Clarendon House, City Centre, Newcastle upon Tyne, NE1
BO

Clarendon House, City Centre, Newcastle upon Tyne, NE1

By Bowes Mitchell

£ 125,000

Reviews

3 out of 5 stars

Bowes Mitchell says ..

Stunning move-in ready apartment in the heart of the City Centre 

Property Oracle says ..

Location: The property is located in the city centre of Newcastle upon Tyne, in the Monument area. This is a very central location with good access to transport links, including Newcastle train station which is only 0.26km away. The area also benefits from its proximity to various shops, amenities, and places of interest. Several schools are also within a reasonable distance, although the Ofsted ratings are not provided, making a definitive statement about the quality of nearby schooling difficult.

Condition: Based on the provided images, the property appears to be in excellent condition. The flat has been recently renovated to a high standard, with modern fixtures and fittings throughout. The kitchen and bathroom are particularly modern and well-maintained. There is no visible evidence of wear and tear or the need for any repairs or renovations.

Land: The property is a flat, and therefore does not include any land or garden.

Price: The list price of £125,000 is significantly below the average price for properties in the area (£219,624). However, the average property size in the area is 965 sqft, considerably larger than this 550 sqft flat. The average price per sqft in the area is £227, while this property’s price per sqft is significantly lower. While the lower price might seem attractive, the small size of the flat should be considered. The lower price may reflect the smaller size rather than being unusually good value. Considering the modern condition and central location, the price may still represent good value for a buyer seeking a smaller, centrally located flat in Newcastle upon Tyne.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
9
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
550.00

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
225,500.00 £
Decreased by 13.54 %
from 260,800.00 £
Est sale value
124,850.00 £
Decreased by 5.81 %
from 132,550.00 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est letting value
550.00 £/mo
Unchanged by 0.00 %
from 550.00 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • Bowes Mitchell created the listing.

Nearby Schools

NameTypeOfstedDistance
North East Futures UtcUniversity Technical College0.49 KM
Callerton AcademyFree Schools0.70 KM
Our Lady And St Anne'S Catholic Primary SchoolAcademy Converter0.82 KM
NcgFurther EducationRequires improvement0.93 KM
St Paul'S Cofe Primary SchoolVoluntary Aided SchoolGood1.17 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Orchard Street £ 000.00 KM
Dispensary Lane £ 000.00 KM
Sussex Street £ 000.00 KM
Cookson's Lane £ 000.00 KM
B1311 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.26 KM
Manors7603MAS1.65 KM
Dunston7744DOT3.32 KM
Metrocentre7725MCE5.26 KM
Heworth7766HEW7.31 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
22i Clayton Street West £ 118,0000.05 KM
22o Clayton Street West £ 127,5000.05 KM
22k Clayton Street West £ 170,0000.05 KM
22c Clayton Street West £ 100,0000.05 KM
22l Clayton Street West £ 152,5000.05 KM