Merchants Quay, 45-57 The Close, Newcastle upon Tyne
By Sanderson Young
£ 119,500
Reviews
2 out of 5 stars
Sanderson Young says ..
AVAILABLE now is this lovely contemporary one bedroom apartment within Merchants Quay in the heart of Newcastle Quayside ,with an abundance of bars/cafes & restaurants only a short walk away as well as river walks.Comprising : communal entrance with lift and staircase to all floors and the apartm...
Property Oracle says ..
This one-bedroom apartment in Merchants Quay, Newcastle upon Tyne, is situated in a highly desirable city centre location. Its proximity to the vibrant Quayside, excellent transport links (including Newcastle train station at 0.68 KM), and several educational institutions makes it attractive to a range of buyers, particularly young professionals and students. The apartment itself appears modern and well-maintained from the provided photographs; however, the provided images only show the living space, bathroom and kitchen, therefore an accurate overall condition report cannot be made. The apartment seems functional and conveniently sized for a single person or couple. The lack of information regarding the actual square footage and plot size prevents a complete analysis of value for money and the overall size and scale of the property. While the provided photos do not show the overall condition of the building, the images of the interior showcase a clean, modern apartment. The listing price seems reasonable given the location, but a definitive assessment requires square footage data for a more comprehensive comparison with other properties in the area. The property’s major strength is its location, while its primary drawback is the limited land associated with being a flat.
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
- 7
- Location
- 8
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 225,500.00 £Decreased by 13.54 %
- Average area rental value
- 1,202.00 £/moDecreased by 6.09 %
- Est rental Yield
- 6.40 %Increased by 8.66 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Sanderson Young created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| North East Futures Utc | University Technical College | 0.55 KM | |
| University Of Northumbria At Newcastle | Higher Education Institutions | 1.10 KM | |
| Tashbar Boys Nursery | Other Independent School | 1.23 KM | |
| Christ Church Cofe Primary School | Voluntary Aided School | Good | 1.27 KM |
| Gateshead Jewish Nursery School | Other Independent School | Inadequate | 1.31 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| High Level Bridge | £ 207,375 | 0 | 0.00 KM |
| B1600 | £ 0 | 0 | 0.00 KM |
| Saint Nicholas Chare | £ 0 | 0 | 0.00 KM |
| Stephenson's Monument Park | £ 0 | 0 | 0.00 KM |
| Swan House Roundabout | £ 170,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newcastle | 7728 | NCL | 0.68 KM |
| Manors | 7603 | MAS | 0.92 KM |
| Dunston | 7744 | DOT | 3.93 KM |
| Metrocentre | 7725 | MCE | 6.10 KM |
| Heworth | 7766 | HEW | 6.38 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Merchants Quay, 45-57 The Close, Newcastle upon Tyne | £ 119,500 | BUY | 5 / 10 | 0.00 KM |
| 58 Close, Newcastle, NE1 3RJ | £ 200,000 | BUY | Unknown | 0.01 KM |
| Merchants Quay, Newcastle Upon Tyne | £ 99,950 | BUY | 5 / 10 | 0.01 KM |
| Merchants Quay, Newcastle upon Tyne, Tyne and Wear, NE1 | £ 130,000 | BUY | 7 / 10 | 0.01 KM |
| Close, Newcastle Upon Tyne, NE1 | £ 175,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 68 - 72 Close | £ 100,000 | 0.01 KM |
| The Turnbull | £ 150,000 | 0.09 KM |
| 23d Queen Street | £ 130,000 | 0.49 KM |
| 17e Queen Street | £ 134,500 | 0.49 KM |
| 9e Queen Street | £ 90,000 | 0.49 KM |