Citygate, Bath Lane, Newcastle upon Tyne, Tyne and Wear, NE1
EV

Citygate, Bath Lane, Newcastle upon Tyne, Tyne and Wear, NE1

By Everbest Properties

£ 175,000

Reviews

2 out of 5 stars

Everbest Properties says ..

Dont miss out on this fantastic investment opportunity in Newcastle City Centre , generating £15,000pa in rental income , with two bathrooms and allocated parking. Contact us now to arrange a viewing!

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment located in a central Newcastle city centre location with easy access to transport links and amenities. Proximity to schools is a plus, although Ofsted ratings are unknown. The apartment appears in reasonable condition, clean and well-maintained. However, the lack of outdoor space is a significant drawback. The listed price is slightly higher than a rough estimate based on average price per sqft, but the central location could justify a premium. Comparable properties show a wide price range, suggesting the final price depends on various factors.

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
9
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
641.00

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
145,507.00 £
Decreased by 5.81 %
from 154,481.00 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est letting value
641.00 £/mo
Unchanged by 0.00 %
from 641.00 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Everbest Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
Callerton AcademyFree Schools0.59 KM
Our Lady And St Anne'S Catholic Primary SchoolAcademy Converter0.60 KM
NcgFurther EducationRequires improvement0.83 KM
North East Futures UtcUniversity Technical College0.88 KM
St Paul'S Cofe Primary SchoolVoluntary Aided SchoolGood0.92 KM

Images

7 External 6 1 2 3 4 5

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.64 KM
Manors7603MAS1.90 KM
Dunston7744DOT3.29 KM
Metrocentre7725MCE5.05 KM
Heworth7766HEW7.66 KM

Nearby Listings

AddressPriceTypeScoreDistance
Citygate, Bath Lane, Newcastle upon Tyne, Tyne and Wear, NE1 £ 175,000BUY5 / 100.00 KM
Clayton House , Bath Lane , Newcastle upon Tyne £ 90,000BUYUnknown0.01 KM
Rutherford Street, Newcastle Upon Tyne, NE4 £ 165,000BUY5 / 100.03 KM
Rutherford Street, Newcastle upon Tyne, NE4 £ 259,999BUY9 / 100.03 KM
Printworks, Newcastle upon Tyne, Tyne and Wear, NE4 £ 110,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
41b Bath Lane £ 210,0000.09 KM
41a Bath Lane £ 215,0000.09 KM
25 Blackfriars Court £ 41,0000.18 KM
5 Blackfriars Court £ 88,0000.18 KM
37 Blackfriars Court £ 53,0000.18 KM