Jubilee Road, Gosforth
AN

Jubilee Road, Gosforth

By Andrew Craig

£ 75,000

Reviews

2 out of 5 stars

Andrew Craig says ..

GROUND FLOOR FLAT IN IDEAL LOCATION This two double bedroomed flat will suit many buyers looking to live within easy reach of amenities, as well as being a great candidate for a buy-to-let investment. Jubilee Road, Gosforth offers easy access to local shops, tran...

Property Oracle says ..

This 2-bedroom, 1-bathroom property located on Jubilee Road in Gosforth, Newcastle upon Tyne, presents a mixed bag of characteristics. The property’s main strengths lie in its location within Gosforth, a desirable area known for quality schools and relatively convenient access to the city centre. The presence of several highly-rated schools nearby, is an advantageous factor for families. Conversely, the property’s condition is a significant area for consideration. While the exterior appears well-maintained, the internal photos reveal dated décor and fittings that could benefit from modernisation. The small, enclosed backyard offers very limited outdoor space. The property’s listed price of £75,000 warrants scrutiny due to the absence of comparable local listings; however, based on the general property market and location in Gosforth, the price can be considered reasonable, although not exceptional value. Potential buyers should factor in renovation costs and weigh the investment against the benefits of the desirable location and proximity to excellent schools. A thorough survey is strongly recommended before purchase to assess any potential structural or maintenance issues.

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
5
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
700.00

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
193,425.00 £
Decreased by 28.79 %
from 271,644.00 £
Est sale value
139,300.00 £
Decreased by 23.46 %
from 182,000.00 £
Average area rental value
886.00 £/mo
Decreased by 19.23 %
from 1,097.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 700.00 £/mo
Est rental Yield
5.50 %
Increased by 13.40 %
from 4.85 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Andrew Craig created the listing.

Nearby Schools

NameTypeOfstedDistance
Regent Farm First SchoolFoundation SchoolGood0.28 KM
Grange First SchoolFoundation SchoolGood0.98 KM
St Charles' Catholic Primary SchoolAcademy Converter1.07 KM
Gosforth Junior High AcademyAcademy ConverterOutstanding1.31 KM
Archibald First SchoolFoundation SchoolOutstanding1.33 KM

Images

 (Main) Lounge Lounge Kitchen Hallway Bedroom One Bedroom One Bedroom Two Bathroom Rear External Rear External

Nearby Streets

NameAverage PriceAverage SqftDistance
Laurel Avenue £ 000.00 KM
Ashburton Road £ 000.00 KM
Rowan Drive £ 000.00 KM
The Croft £ 000.00 KM
Sycamore Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL5.16 KM
Manors7603MAS5.48 KM
Metrocentre7725MCE6.62 KM
Dunston7744DOT6.77 KM
Cramlington7579CRM9.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
Jubilee Road, Gosforth £ 89,950BUYUnknown0.03 KM
Jubilee Road, Gosforth, Newcastle Upon Tyne, NE3 £ 115,000BUYUnknown0.07 KM
Embleton Avenue, Gosforth, NE3 £ 110,000BUY6 / 100.11 KM
Welford Avenue, Newcastle Upon Tyne £ 370,000BUY7 / 100.14 KM
Bamburgh Walk, Gosforth £ 85,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
62 Jubilee Road £ 156,0000.07 KM
52 Jubilee Road £ 133,0000.07 KM
58 Jubilee Road £ 145,0000.07 KM
48 Craster Square £ 79,0000.10 KM
30 Craster Square £ 61,0000.10 KM