Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1
By Living Spaces
£ 100,000
Reviews
2 out of 5 stars
Living Spaces says ..
Public Notice Address: 120 Hanover Mill, Hanover Street, Newcastle upon Tyne, NE1 3AD We are acting in the sale of the above property and have received an offer of £90,000. Any interested parties must submit any higher offers in writing to the selling agent ...
Property Oracle says ..
This two-bedroom apartment in Hanover Mill, Newcastle upon Tyne, presents a mixed bag for potential buyers. Its major advantage is its location. Situated close to Newcastle’s Monument and the Quayside, the property enjoys excellent access to transport links. Newcastle train station is within easy walking distance, while various bus routes also provide convenient access to the rest of the city. The views from the balcony, as shown in the pictures, are a significant draw, offering glimpses of the River Tyne and the city’s industrial heritage. The proximity to several schools, though requiring confirmation of their suitability for prospective residents’ needs, also adds to its family-friendly potential. The kitchen, as seen in the photos, is neatly presented with modern fitted units. However, these images don’t present a full view of the property’s interior and external spaces, making a thorough inspection crucial to fully assess its condition and identify any potential maintenance needs. The lack of plot size, a common feature for apartments, means there is little to no private outdoor space. Compared to other properties in the area, the price of £100,000 appears competitive, especially considering similar two-bedroom apartments listed for a higher price; however, further research and a survey are necessary for a conclusive assessment of its value for money. Potential buyers should factor in the relatively small size of the property and conduct thorough due diligence to ensure this apartment meets their needs and expectations.
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
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 529.58
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 %
- Est sale value
- 120,214.66 £Decreased by 5.81 %
- Average area rental value
- 1,202.00 £/moDecreased by 6.09 %
- Est letting value
- 529.58 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.40 %Increased by 8.66 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Living Spaces created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| North East Futures Utc | University Technical College | 0.19 KM | |
| Callerton Academy | Free Schools | 1.22 KM | |
| Tashbar Boys Nursery | Other Independent School | 1.29 KM | |
| Teams Children'S Centre | Children's Centre Linked Site | 1.32 KM | |
| Matov Children'S Centre | Children's Centre Linked Site | 1.35 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cookson's Lane | £ 0 | 0 | 0.00 KM |
| Sussex Street | £ 0 | 0 | 0.00 KM |
| High Level Bridge | £ 207,375 | 0 | 0.00 KM |
| Saint Nicholas Chare | £ 0 | 0 | 0.00 KM |
| Stephenson's Monument Park | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newcastle | 7728 | NCL | 0.41 KM |
| Manors | 7603 | MAS | 1.31 KM |
| Dunston | 7744 | DOT | 3.53 KM |
| Metrocentre | 7725 | MCE | 5.71 KM |
| Heworth | 7766 | HEW | 6.68 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hanover Street, Newcastle upon Tyne, Tyne and Wear, NE1 3AB | £ 135,000 | BUY | 5 / 10 | 0.05 KM |
| Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1 | £ 90,000 | BUY | 5 / 10 | 0.07 KM |
| Hanover Mill, Hanover Street , Newcastle Upon Tyne | £ 185,000 | BUY | 6 / 10 | 0.09 KM |
| Hanover Street, Newcastle upon Tyne, Tyne and Wear, NE1 | £ 130,000 | BUY | 5 / 10 | 0.09 KM |
| Hanover Street, Newcastle upon Tyne, NE1 | £ 170,000 | BUY | 5 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| The Turnbull | £ 150,000 | 0.39 KM |
| 68 - 72 Close | £ 100,000 | 0.41 KM |
| 43 Midlothian Court | £ 117,995 | 0.43 KM |
| 56 Midlothian Court | £ 161,995 | 0.44 KM |
| 28 Midlothian Court | £ 181,995 | 0.45 KM |