Homeprior House, Monkseaton, NE25
CO

Homeprior House, Monkseaton, NE25

By Cooke & Co

£ 45,000

Reviews

3 out of 5 stars

Cooke & Co says ..

Situated in the heart of Monkseaton village, an excellent opportunity to purchase an upper, purpose built ONE BEDROOM APARTMENT within this highly favoured and sought after development, offering secure peace of mind independent living. Well placed for easy access to all local amenities, shops, M...

Property Oracle says ..

The property is a 1-bedroom apartment located in Monkseaton, North Tyneside. The apartment appears to be in good condition based on the provided images. The kitchen and bathroom are modern and well-maintained. The living space and bedroom are also presented in good order. There is a communal garden area which is well-maintained.

The location is close to several schools, including Monkseaton Middle School, Appletree Gardens First School, and Whitley Bay High School. The proximity to these schools could be a positive factor for families. However, information on nearby transportation links is missing, which would impact the overall location score.

Given the average price of properties in the area is significantly higher (525,346) than the listed price of this apartment (45,000), the price seems exceptionally low. However, the lack of square footage information makes it difficult to definitively assess the value for money. The smaller size of the property compared to the average size in the area could justify the lower price. Further investigation into the specific details of the property and the reasons for the low price would be needed for a complete assessment.

Considering the available information, the property presents as a well-maintained apartment in a reasonably convenient location, but the exceptionally low price requires further scrutiny to determine its accuracy and value. More information regarding the property’s size and any potential limitations would be beneficial in providing a more comprehensive analysis.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
3
Condition
9
Location
7
Land
7
Bedrooms
1
Bathrooms
1
Sqft (est)
475.00

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
911,990.00 £
Increased by 52.54 %
from 597,864.00 £
Est sale value
227,050.00 £
Decreased by 4.59 %
from 237,975.00 £
Average area rental value
1,200.00 £/mo
Decreased by 18.81 %
from 1,478.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 475.00 £/mo
Est rental Yield
1.58 %
Decreased by 46.80 %
from 2.97 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Cooke & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Monkseaton Middle SchoolFoundation SchoolRequires improvement0.30 KM
Appletree Gardens First SchoolFoundation SchoolGood0.41 KM
Star Of The Sea Catholic Primary School, Whitley BayAcademy Converter0.82 KM
Whitley Bay High SchoolFoundation SchoolOutstanding0.84 KM
Valley Gardens Middle SchoolFoundation SchoolOutstanding0.88 KM

Images

Main Lounge Kitchen Bedroom Hallway Shower Room Communal Gardens Communal Gardens Pic Communal Lounge

Nearby Streets

NameAverage PriceAverage SqftDistance
Crawford Place £ 000.00 KM
East Avenue £ 000.00 KM
St Georges Crescent £ 795,00000.00 KM
Meadow Road £ 329,95000.00 KM
Holmwood Avenue £ 381,22500.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Homeprior House, Monkseaton, NE25 £ 59,950BUY7 / 100.00 KM
Homeprior House, Monkseaton, NE25 £ 45,000BUY6 / 100.00 KM
Homeprior House, Monkseaton, NE25 £ 50,000BUYUnknown0.00 KM
Homeprior House, Monkseaton, Whitley Bay, NE25 8AA £ 59,950BUY6 / 100.00 KM
Homeprior House, Monkseaton £ 55,000BUY7 / 100.00 KM

Nearby Properties

AddressPriceDistance
39 Front Street £ 178,0000.02 KM
65 Front Street £ 120,0000.02 KM
100 Front Street £ 195,0000.05 KM
98 Front Street £ 99,9500.05 KM
2 Chapel Lane £ 160,0000.10 KM