St. James Boulevard, Newcastle Upon Tyne, NE1
XS

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 %
from 260,800.00 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • XSELL PROPERTY LTD marked this listing as sold.

  • XSELL PROPERTY LTD created the listing.

Nearby Schools

NameTypeOfstedDistance
Callerton AcademyFree Schools0.24 KM
NcgFurther EducationRequires improvement0.42 KM
Our Lady And St Anne'S Catholic Primary SchoolAcademy Converter0.44 KM
St Paul'S Cofe Primary SchoolVoluntary Aided SchoolGood0.78 KM
North East Futures UtcUniversity Technical College0.81 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Blandford Court £ 000.00 KM
Cross Villa Place No 3 £ 135,00000.00 KM
Orchard Street £ 000.00 KM
Cookson's Lane £ 000.00 KM
Sussex Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.69 KM
Manors7603MAS2.16 KM
Dunston7744DOT2.80 KM
Metrocentre7725MCE4.76 KM
Heworth7766HEW7.67 KM

Nearby Listings

AddressPriceTypeScoreDistance
St. James Boulevard, Newcastle Upon Tyne, NE1 £ 43,000BUY5 / 100.00 KM
St. James Boulevard, Newcastle Upon Tyne, NE1 £ 56,500BUYUnknown0.00 KM
St. James Boulevard, Newcastle Upon Tyne, NE1 £ 35,000BUY8 / 100.00 KM
St. James Boulevard, Newcastle Upon Tyne, NE1 £ 41,500BUY6 / 100.00 KM
St. James Boulevard, Newcastle Upon Tyne, NE1 £ 39,950BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
23 Blandford Square £ 160,0000.37 KM
178 Waterloo Street £ 60,0000.38 KM
202 Waterloo Street £ 147,0000.38 KM
220 Waterloo Street £ 116,0000.38 KM
172 Waterloo Street £ 136,4000.38 KM