Centralofts, NEWCASTLE UPON TYNE, Tyne and Wear, NE1
BR

Centralofts, NEWCASTLE UPON TYNE, Tyne and Wear, NE1

By Bridgfords

£ 205,000

Reviews

4 out of 5 stars

Bridgfords says ..

CHAIN FREE | This stunning two-bedroom, two-bathroom apartment in the highly sought-after Centralofts, situated in the heart of Newcastle upon Tyne, offers the perfect blend of modern luxury and convenience. Positioned within walking distance of the vibrant city centre, residents can enjoy easy a...

Property Oracle says ..

This property is a 2-bedroom, 2-bathroom flat located in the Monument area of Newcastle upon Tyne. The flat is situated within Central Lofts, a modern development on Waterloo Street. The property benefits from 1,077.95 sqft of internal space and a 1,048 sqft plot. The list price is £205,000.

The location is excellent, being in the heart of Newcastle city centre, close to transport links (Newcastle train station is 0.48km away), and various amenities. The proximity to the city centre provides easy access to shops, restaurants, and cultural attractions. Several schools are also within a reasonable distance.

Based on the provided images, the property appears to be in good condition. The interior is modern and well-maintained, with contemporary fixtures and fittings. There is no visible evidence of significant repairs or renovations being required.

While the plot size is not exceptionally large for a city centre flat, it does include a balcony offering views of the city skyline.

Considering the average price per sqft in the area is £227, and this property is listed at a price that is below the average price for the area, and slightly below the average price per sqft, the list price of £205,000 appears reasonable, especially given the property’s location and condition. However, nearby comparable properties show some variation in price, suggesting that the final sale price could be influenced by market conditions and specific buyer preferences.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
10
Land
6
Bedrooms
2
Bathrooms
2
Sqft (est)
1,077.95
Lot (est)
1,048.00

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
244,694.65 £
Decreased by 5.81 %
from 259,785.95 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est letting value
1,077.95 £/mo
Unchanged by 0.00 %
from 1,077.95 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
29.00 %
Unchanged by 0.00 %
from 29.00 %

Agent Activity

  • Bridgfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Callerton AcademyFree Schools0.46 KM
Our Lady And St Anne'S Catholic Primary SchoolAcademy Converter0.58 KM
North East Futures UtcUniversity Technical College0.68 KM
NcgFurther EducationRequires improvement0.70 KM
St Paul'S Cofe Primary SchoolVoluntary Aided SchoolGood0.93 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Orchard Street £ 000.00 KM
Dispensary Lane £ 000.00 KM
B1311 £ 000.00 KM
Blandford Court £ 000.00 KM
Cross Villa Place No 3 £ 135,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.48 KM
Manors7603MAS1.89 KM
Dunston7744DOT3.13 KM
Metrocentre7725MCE5.02 KM
Heworth7766HEW7.53 KM

Nearby Listings

AddressPriceTypeScoreDistance
Centralofts, NEWCASTLE UPON TYNE, Tyne and Wear, NE1 £ 150,000BUY6 / 100.00 KM
Waterloo Street, NEWCASTLE UPON TYNE £ 150,000BUY6 / 100.00 KM
Centralofts, NEWCASTLE UPON TYNE, Tyne and Wear, NE1 £ 205,000BUY8 / 100.00 KM
Centralofts, Waterloo Street, Newcastle upon Tyne £ 120,000BUYUnknown0.01 KM
Waterloo Street, Newcastle Upon Tyne, NE1 4AL £ 187,500BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
202 Waterloo Street £ 147,0000.07 KM
220 Waterloo Street £ 116,0000.07 KM
178 Waterloo Street £ 60,0000.07 KM
172 Waterloo Street £ 136,4000.07 KM
238 Waterloo Street £ 92,5000.09 KM