Marconi House, Melbourne Street, Newcastle upon Tyne
Bailey & Co. logo

Marconi House, Melbourne Street, Newcastle upon Tyne

By Bailey & Co.

£ 225,000

Reviews

3 out of 5 stars

Bailey & Co. says ..

SUPER STYLISH, FULLY REFURBISHED, DUPLEX APARTMENT with ALLOCATED OFF-STREET PARKING & NO ONWARD CHAIN! This two bedroom, split level apartment is ideally located as the largest apartment within Marconi House, Newcastle. Positioned for excellent access to the city centre with its countless shops,...

Property Oracle says ..

This two-bedroom, two-bathroom apartment in Marconi House, Newcastle upon Tyne, presents a compelling proposition for city-centre living. Situated in the Monument area, it benefits from easy access to a range of amenities, including shops, restaurants, and excellent transport links, particularly Manors train station, which is a very short distance away. The property itself is a beautifully presented, recently renovated apartment, boasting modern fixtures and finishes throughout. The interior is stylish and well-maintained, reflecting a high standard of renovation. The images show a well-designed open-plan living area, a modern kitchen and contemporary bathrooms. The lack of external space (garden) is a standard feature of city centre apartments. While the list price of £225,000 appears justifiable considering the area and the property’s condition, a definitive evaluation of value requires a detailed price-per-square-foot calculation that is not possible without more precise data on the property’s size. Nearby comparable properties show a diverse range of price points, suggesting that value depends heavily on the size and specific features of the individual property. Overall, this apartment provides a convenient, stylish, and well-maintained living space in a desirable city centre 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
9
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
780.00

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
225,500.00 £
Decreased by 13.54 %
from 260,800.00 £
Est sale value
177,060.00 £
Decreased by 5.81 %
from 187,980.00 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est letting value
780.00 £/mo
Unchanged by 0.00 %
from 780.00 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Bailey & Co. created the listing.

Nearby Schools

NameTypeOfstedDistance
Christ Church Cofe Primary SchoolVoluntary Aided SchoolGood0.45 KM
University Of Northumbria At NewcastleHigher Education Institutions0.62 KM
Gateshead CollegeFurther EducationRequires improvement0.95 KM
Royal Grammar SchoolOther Independent School1.25 KM
Newcastle Preparatory SchoolOther Independent School1.30 KM

Images

Open Plan Living Space Kitchen Open Plan Living Space Bedroom External Open Plan Living Space Upper Hall Entrance Hall En-Suite Bedroom Shower Room

Nearby Streets

NameAverage PriceAverage SqftDistance
A186 £ 000.00 KM
Croft Stairs £ 000.00 KM
Causey Bank £ 185,00000.00 KM
Lombard Street £ 000.00 KM
Swan House Roundabout £ 170,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS0.10 KM
Newcastle7728NCL1.43 KM
Dunston7744DOT4.78 KM
Heworth7766HEW5.88 KM
Metrocentre7725MCE6.88 KM

Nearby Properties

AddressPriceDistance
8 All Hallows Lane £ 162,0000.27 KM
3 Dog Bank £ 270,0000.27 KM
9 Dog Bank £ 231,0000.27 KM
5 Peppercorn Court £ 220,0000.28 KM
3 Peppercorn Court £ 53,3000.28 KM