Hanover Mill, Newcastle upon Tyne
GR

Hanover Mill, Newcastle upon Tyne

By Groves Residential

£ 185,000

Reviews

3 out of 5 stars

Groves Residential says ..

Two bedroom apartment on the Newcastle Quayside | Tenanted | Furnished | Great river views

Property Oracle says ..

This property is a two-bedroom, two-bathroom apartment located in the Monument area of Newcastle upon Tyne. The apartment is situated in Hanover Mill, a converted mill building, offering a unique and modern living space. The location benefits from excellent transport links, with Newcastle train station within walking distance, providing easy access to the rest of the UK. Several schools are also within a reasonable distance. The apartment itself appears to be in good condition based on the provided images, with a modern kitchen and bathrooms. While there is no garden, the property includes a balcony offering views of the Tyne River. The list price of £185,000 is slightly below the average price for the area, but it is important to note that the average square footage is significantly higher than this property. This could indicate that the price is reasonable considering its size and location.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
9
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
664.78

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
150,905.06 £
Decreased by 5.81 %
from 160,211.98 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est letting value
664.78 £/mo
Unchanged by 0.00 %
from 664.78 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Groves Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
North East Futures UtcUniversity Technical College0.27 KM
Tashbar Boys NurseryOther Independent School1.27 KM
Callerton AcademyFree Schools1.31 KM
University Of Northumbria At NewcastleHigher Education Institutions1.33 KM
Gateshead Jewish Nursery SchoolOther Independent SchoolInadequate1.34 KM

Images

Other Other  (Main) Other Other Other Other Other Main Image

Nearby Streets

NameAverage PriceAverage SqftDistance
High Level Bridge £ 207,37500.00 KM
Saint Nicholas Chare £ 000.00 KM
Stephenson's Monument Park £ 000.00 KM
B1600 £ 000.00 KM
Sussex Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.46 KM
Manors7603MAS1.20 KM
Dunston7744DOT3.64 KM
Metrocentre7725MCE5.82 KM
Heworth7766HEW6.61 KM

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