St. James Boulevard, Newcastle Upon Tyne, NE1
By XSELL PROPERTY LTD
£ 35,000
Reviews
4 out of 5 stars
XSELL PROPERTY LTD says ..
We are delighted to present an exclusive investment opportunity in the heart of Newcastle with a remarkable net yield of 10% and annual income of over £7900!
Property Oracle says ..
The property is a studio apartment located in Newcastle city centre, within the Burgess House development. The location is excellent, being close to Newcastle train station (0.69km) and several universities, making it ideal for students. There are also a number of schools within a reasonable distance, including Callerton Academy (0.24km) and St Paul’s Cofe Primary School (0.78km). The photos show the property and communal areas to be in good condition, modern, and well-maintained. There is no mention of outdoor space, so we cannot comment on the land. Considering the property’s location in a desirable area for students, its modern condition as shown in the photos, and the comparable prices of nearby studio apartments (ranging from £35,000 to £56,500), the list price of £35,000 appears reasonable, especially given the potential rental income indicated in the nearby listing descriptions. The average price per square foot in the area is not applicable as the property’s square footage is not provided.
Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 9
- Location
- 9
- Land
- 0
- Bedrooms
- 0
- Bathrooms
- 0
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 %
- Average area rental value
- 1,202.00 £/moDecreased by 6.09 %
- Est rental Yield
- 6.40 %Increased by 8.66 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
XSELL PROPERTY LTD marked this listing as sold.
XSELL PROPERTY LTD created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Callerton Academy | Free Schools | 0.24 KM | |
| Ncg | Further Education | Requires improvement | 0.42 KM |
| Our Lady And St Anne'S Catholic Primary School | Academy Converter | 0.44 KM | |
| St Paul'S Cofe Primary School | Voluntary Aided School | Good | 0.78 KM |
| North East Futures Utc | University Technical College | 0.81 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Blandford Court | £ 0 | 0 | 0.00 KM |
| Cross Villa Place No 3 | £ 135,000 | 0 | 0.00 KM |
| Orchard Street | £ 0 | 0 | 0.00 KM |
| Cookson's Lane | £ 0 | 0 | 0.00 KM |
| Sussex Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newcastle | 7728 | NCL | 0.69 KM |
| Manors | 7603 | MAS | 2.16 KM |
| Dunston | 7744 | DOT | 2.80 KM |
| Metrocentre | 7725 | MCE | 4.76 KM |
| Heworth | 7766 | HEW | 7.67 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| St. James Boulevard, Newcastle Upon Tyne, NE1 | £ 43,000 | BUY | 5 / 10 | 0.00 KM |
| St. James Boulevard, Newcastle Upon Tyne, NE1 | £ 56,500 | BUY | Unknown | 0.00 KM |
| St. James Boulevard, Newcastle Upon Tyne, NE1 | £ 35,000 | BUY | 8 / 10 | 0.00 KM |
| St. James Boulevard, Newcastle Upon Tyne, NE1 | £ 41,500 | BUY | 6 / 10 | 0.00 KM |
| St. James Boulevard, Newcastle Upon Tyne, NE1 | £ 39,950 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 23 Blandford Square | £ 160,000 | 0.37 KM |
| 178 Waterloo Street | £ 60,000 | 0.38 KM |
| 202 Waterloo Street | £ 147,000 | 0.38 KM |
| 220 Waterloo Street | £ 116,000 | 0.38 KM |
| 172 Waterloo Street | £ 136,400 | 0.38 KM |