Friars Wharf, Greenlane, Felling
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Friars Wharf, Greenlane, Felling

By Carousel Estate Agents

£ 59,950

Reviews

2 out of 5 stars

Carousel Estate Agents says ..

CASH BUYERS ONLY This furnished ground floor apartment in Friars Wharf apartments have a great location on The Riverside Gateshead allowing access to Newcastle City Centre whilst also surrounding parklands meaning that this development itself offers a relaxing environment and idyllic place to l...

Property Oracle says ..

This one-bedroom apartment in Friars Wharf, Gateshead, presents a potentially attractive option for first-time buyers or investors seeking a property in a convenient location. The development’s riverside setting offers a peaceful environment with pleasant views, while its proximity to transport links ensures easy access to Newcastle and Sunderland. The apartment itself appears to be well-maintained and modern, based on the provided images, with a contemporary kitchen and bathroom. However, the absence of square footage data limits a comprehensive assessment of value. The list price of £59,950 is notably lower than other apartments within the same development, suggesting potential value. However, potential buyers should conduct a thorough survey and review the service charges and other associated costs before making a purchase decision. The lack of private outdoor space is a significant consideration for potential buyers. Overall, the property presents a reasonable opportunity, but thorough due diligence is crucial before committing to a purchase.

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
6
Condition
7
Location
7
Land
1
Bedrooms
1
Bathrooms
1

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
265,000.00 £
Increased by 2.60 %
from 258,279.00 £
Average area rental value
1,270.00 £/mo
Decreased by 15.05 %
from 1,495.00 £/mo
Est rental Yield
5.75 %
Decreased by 17.27 %
from 6.95 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Carousel Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Brandling Primary SchoolCommunity SchoolOutstanding1.10 KM
Welbeck AcademyAcademy Sponsor LedGood1.11 KM
Monkchester Road Nursery SchoolLocal Authority Nursery SchoolOutstanding1.20 KM
Sure Start East Children'S CentreChildren's Centre1.26 KM
Felling Children'S CentreChildren's Centre Linked Site1.34 KM

Images

EXTERNAL & PARKING LOUNGE AREA KITCHEN/DINING ROOM BEDROOM BATHROOM EXTERNAL & PARKING EXTERNAL & PARKING

Nearby Streets

NameAverage PriceAverage SqftDistance
Tyne Main Road £ 000.00 KM
Saint Peter's Quayside East £ 000.00 KM
Callaly Way £ 000.00 KM
Till Street £ 000.00 KM
Saint Peter's Court £ 38,70000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW2.02 KM
Manors7603MAS4.02 KM
Newcastle7728NCL5.29 KM
Dunston7744DOT8.14 KM

Nearby Listings

AddressPriceTypeScoreDistance
Friars Wharf, Green Lane, Gateshead £ 99,950BUY5 / 100.00 KM
Friars Wharf, Greenlane, Felling £ 59,950BUY5 / 100.00 KM
Friars Wharf, Green Lane, Gateshead £ 94,999BUY5 / 100.00 KM
Friars Wharf, Green Lane, Gateshead £ 99,950BUY5 / 100.00 KM
The Ropery, Newcastle upon Tyne, Tyne and Wear, NE6 £ 190,000BUY7 / 100.25 KM

Nearby Properties

AddressPriceDistance
6 The Ropery £ 149,9990.24 KM
30 The Ropery £ 96,0000.24 KM
24 The Ropery £ 195,0000.24 KM
17 The Ropery £ 125,0000.24 KM
20 The Ropery £ 149,0000.24 KM