Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1
BR

Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1

By Bradley Hall Chartered Surveyors & Estate Agents

£ 90,000

Reviews

2 out of 5 stars

Bradley Hall Chartered Surveyors & Estate Agents says ..

An opportunity to acquire this two bedroom flat boasting an open-plan layout, resident parking and plentiful of potential, situated on Newcastle’s Iconic Quayside. The property would make an ideal purchase for investors, first time buyers and young professionals alike. As ...

Property Oracle says ..

This two-bedroom apartment in Hanover Mill, Newcastle upon Tyne, presents an interesting proposition for potential buyers. Situated in the desirable Monument area, close to the iconic Quayside and Newcastle train station, the location offers excellent accessibility to city amenities and transport links. The interior appears modern, with an open-plan living area and a reasonably sized kitchen. While the property boasts two bedrooms and what appears to be two bathrooms, the lack of detail on the layout and size of the second bathroom prevents a complete judgment. The absence of exterior space, however, is a noteworthy limitation for those seeking a private garden or balcony. The property is in a converted mill, which could be a draw for some buyers but might entail specific maintenance considerations. Furthermore, the limited plot size (0 sqft) indicates that this is an apartment and not a house. The photographs offer a clear visual representation of the apartment’s condition, allowing for a detailed assessment of its current state. Overall, the property represents a viable option for first-time buyers or investors seeking an apartment in a well-connected and desirable area of Newcastle, although the lack of outdoor space and potential for future maintenance are factors to bear in mind.

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
6
Location
8
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
807.29

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
183,254.83 £
Decreased by 5.81 %
from 194,556.89 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est letting value
807.29 £/mo
Unchanged by 0.00 %
from 807.29 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Bradley Hall Chartered Surveyors & Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
North East Futures UtcUniversity Technical College0.23 KM
Callerton AcademyFree Schools1.27 KM
Tashbar Boys NurseryOther Independent School1.28 KM
Matov Children'S CentreChildren's Centre Linked Site1.35 KM
Gateshead Jewish Nursery SchoolOther Independent SchoolInadequate1.35 KM

Images

Picture No. 09 Picture No. 16 Picture No. 15 Picture No. 11 Picture No. 07 Picture No. 04 Picture No. 05 Picture No. 06 Picture No. 13 Picture No. 12

Nearby Streets

NameAverage PriceAverage SqftDistance
High Level Bridge £ 207,37500.00 KM
Saint Nicholas Chare £ 000.00 KM
Stephenson's Monument Park £ 000.00 KM
Sussex Street £ 000.00 KM
Cookson's Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.43 KM
Manors7603MAS1.25 KM
Dunston7744DOT3.60 KM
Metrocentre7725MCE5.77 KM
Heworth7766HEW6.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1 £ 90,000BUY5 / 100.00 KM
Hanover Street, Newcastle upon Tyne, Tyne and Wear, NE1 3AB £ 135,000BUY5 / 100.03 KM
Hanover Mill, Newcastle upon Tyne, NE1 £ 120,000BUY5 / 100.03 KM
Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1 £ 140,000BUY5 / 100.03 KM
Hanover Mill, Newcastle upon Tyne, NE1 £ 160,000BUY6 / 100.03 KM

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AddressPriceDistance
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68 - 72 Close £ 100,0000.34 KM
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