Grainger Street, Newcastle upon Tyne, Tyne and Wear, NE1
BR

Grainger Street, Newcastle upon Tyne, Tyne and Wear, NE1

By Bridgfords

£ 170,000

Reviews

2 out of 5 stars

Bridgfords says ..

NO CHAIN - VACANT POSESSION Bridgfords are delighted to bring to the market this amazing grade II listed two bedroom, two bathroom luxury apartment in the heart of the City Centre. Two bedroom apartments in this location present an unparalleled opportunity for both first time buyers an...

Property Oracle says ..

This two-bedroom apartment located on Grainger Street in Newcastle upon Tyne presents a compelling opportunity for buyers seeking city-centre living. The property benefits from an excellent location with easy access to Newcastle train station, local amenities, and educational institutions. The interior, as shown in the provided photographs, reveals a practical layout with two bathrooms, a good-sized living area with large windows and a reasonably equipped kitchen with integrated appliances. While the property’s condition appears clean and well-maintained, a renovation or modernisation could significantly improve its aesthetic appeal and market value. The apartment’s lack of outdoor space is a notable drawback, common in city centre properties, but may be outweighed by the location’s advantages for those prioritising convenience. The list price seems relatively competitive when comparing to similar properties in the surrounding area, with some listings below and some above this price point. Potential buyers should conduct thorough inspections and consider the costs of any potential renovations to establish the property’s overall value proposition.

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
9
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
853.58

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
193,762.66 £
Decreased by 5.81 %
from 205,712.78 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est letting value
853.58 £/mo
Unchanged by 0.00 %
from 853.58 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
46.00 %
Unchanged by 0.00 %
from 46.00 %

Agent Activity

  • Bridgfords created the listing.

Nearby Schools

NameTypeOfstedDistance
North East Futures UtcUniversity Technical College0.57 KM
University Of Newcastle Upon TyneHigher Education Institutions0.97 KM
University Of Northumbria At NewcastleHigher Education Institutions1.04 KM
Callerton AcademyFree Schools1.18 KM
Our Lady And St Anne'S Catholic Primary SchoolAcademy Converter1.28 KM

Images

Picture No. 05 Picture No. 09 Picture No. 06 Picture No. 18 Picture No. 13 Picture No. 02 Picture No. 15 Picture No. 14 Picture No. 11 Picture No. 17 Picture No. 04 Picture No. 12 Picture No. 07 Picture No. 03

Nearby Streets

NameAverage PriceAverage SqftDistance
Alley Number 4 £ 000.00 KM
St Andrew's Way £ 000.00 KM
Alley Number 1 £ 000.00 KM
Stephenson's Monument Park £ 000.00 KM
Central Arcade £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.42 KM
Manors7603MAS1.18 KM
Dunston7744DOT3.80 KM
Metrocentre7725MCE5.74 KM
Heworth7766HEW6.96 KM

Nearby Properties

AddressPriceDistance
91 - 93 Clayton Street £ 108,0000.34 KM
36 Low Friar Street £ 150,0000.36 KM
42 Low Friar Street £ 150,0000.36 KM
23 Leazes Park Road £ 55,0000.44 KM
18b Leazes Park Road £ 80,0000.44 KM