Cottingwood Lane, Morpeth, NE61
NO

Cottingwood Lane, Morpeth, NE61

By Northumberland Properties (Alnwick)

£ 515,000

Reviews

3 out of 5 stars

Northumberland Properties (Alnwick) says ..

The LowickNorth Block Ground Floor Apartment.The Lowick boasts an entrance secured by a cutting-edge video system, unveiling an expansive open-plan kitchen, diner, lounge with French windows leading out to private terrace, providing an outdoor oasis.Two luxurious double bedrooms and a high qualit...

Property Oracle says ..

This is a new or recently renovated, two-bedroom apartment located in Morpeth, Northumberland. The property benefits from a desirable location close to the highly-rated King Edward VI Academy, enhancing its appeal to families. The provided images showcase a high-quality finish, modern design, and an open-plan living space. The apartment appears well-maintained and includes modern appliances and features. The location also offers convenient proximity to a train station, and the town centre is a short walk away. While the specific plot size is minimal (typical for apartment living), the communal green spaces contribute to the overall appeal of the development. The provided price, though on the higher end, is not unreasonable in the context of the area’s property market and the property’s apparent high-quality finish and location advantages. Potential buyers should consider if the relatively high price point aligns with their budget and priorities. However, the property appears to be a well-designed and attractive option in a very sought-after location with excellent nearby schools.

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
7
Condition
9
Location
8
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
1,072.84

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
710,220.08 £
Increased by 24.67 %
from 569,678.04 £
Average area rental value
1,525.00 £/mo
Increased by 1.26 %
from 1,506.00 £/mo
Est letting value
1,072.84 £/mo
Unchanged by 0.00 %
from 1,072.84 £/mo
Est rental Yield
2.93 %
Decreased by 7.28 %
from 3.16 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Northumberland Properties (Alnwick) created the listing.

Nearby Schools

NameTypeOfstedDistance
The King Edward Vi AcademyAcademy ConverterOutstanding0.33 KM
Morpeth Chantry Middle SchoolAcademy ConverterRequires improvement0.81 KM
Morpeth Newminster Middle SchoolAcademy ConverterRequires improvement0.98 KM
Abbeyfields First SchoolAcademy Converter1.16 KM
Morpeth All Saints Church Of England Aided First SchoolVoluntary Aided SchoolGood1.65 KM

Images

Living / Dining Room Kitchen Hallway Bedroom 1 Bedroom 2 Site Overview Site Overview

Nearby Streets

NameAverage PriceAverage SqftDistance
The Grove £ 000.00 KM
Abbey View £ 000.00 KM
Hood Street £ 290,00000.00 KM
Market Place £ 110,00000.00 KM
Challoner's Gardens £ 270,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Morpeth7680MPT1.47 KM
Pegswood7685PEG5.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cottingwood Lane, Morpeth, NE61 £ 515,000BUY7 / 100.00 KM
Cottingwood Lane, Morpeth £ 450,000BUYUnknown0.03 KM
Cottingwood Lane, Morpeth, NE65 £ 675,000BUY6 / 100.08 KM
Cottingwood Lane, Morpeth, NE65 £ 475,000BUYUnknown0.08 KM
Manor Place, Morpeth, NE61 £ 875,000BUY8 / 100.08 KM

Nearby Properties

AddressPriceDistance
2 School Close £ 290,0000.07 KM
Crossburn House £ 526,0000.07 KM
1 School Close £ 230,0000.07 KM
3 School Close £ 340,0000.07 KM
11 Cottingwood Lane £ 280,0000.09 KM