Mariners Lane, Tynemouth
BR

Mariners Lane, Tynemouth

By Brannen & Partners

£ 185,000

Reviews

2 out of 5 stars

Brannen & Partners says ..

BEAUTIFULLY APPOINTED TWO BEDROOM SECOND FLOOR APARTMENT WITH A GARAGE SITUATED WITHIN THIS SOUGHT AFTER DEVELOPMENT IN TYNEMOUTH - OFFERED WITH NO UPPER CHAIN Brannen & Partners are delighted to welcome to the market this immaculate two bedroom second floor apartment which is ideally lo...

Property Oracle says ..

This two-bedroom apartment located on Mariners Lane in Tynemouth presents a potentially attractive proposition for buyers seeking a coastal lifestyle. Tynemouth itself boasts a popular beachfront, a bustling town centre with shops and restaurants, and good access to schools. The apartment’s condition appears to be acceptable, although it does present a somewhat dated aesthetic. The kitchen and bathroom seem functional but could benefit from modernisations. The inclusion of a garage is a definite advantage, though the lack of private outdoor space may be a drawback for some. The property’s list price of £185,000 appears competitive within the overall Tynemouth market, but comparative analysis based on square footage would provide a more precise evaluation of the price-to-value ratio. More detail on the exact location of the apartment within Mariners Lane and proximity to transport links would also improve the assessment. Overall, it is a solid property in a popular location with the potential for value increase through renovations, but lacks significant land and might not appeal to buyers looking for a more modern property or a private garden.

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
2
Bedrooms
2
Bathrooms
1
Sqft (est)
672.74

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
525,346.00 £
Decreased by 25.48 %
from 705,000.00 £
Est sale value
203,167.48 £
Decreased by 27.05 %
from 278,514.36 £
Average area rental value
1,559.00 £/mo
Decreased by 25.58 %
from 2,095.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 672.74 £/mo
Est rental Yield
3.56 %
Decreased by 0.28 %
from 3.57 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Brannen & Partners marked this listing as sold.

  • Brannen & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
Sir James Knott Memorial Nursery SchoolLocal Authority Nursery SchoolGood0.30 KM
Kings Priory SchoolAcademy Sponsor LedGood0.71 KM
King Edward Primary SchoolFoundation SchoolGood1.40 KM
Hadrian Primary SchoolCommunity SchoolOutstanding1.43 KM
Marden High SchoolFoundation SchoolGood1.61 KM

Images

bed 1.jpg 23 St Aidans ext.JPG lounge 1.jpg kit 1.jpg kit 2.jpg bed 2.jpg shower.jpg garage new.JPG lounge 2.jpg bed 2 2.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Knott Memorial Flats £ 000.00 KM
Kingsway £ 700,00000.00 KM
Park Avenue £ 375,00000.00 KM
Walker Place £ 300,00000.00 KM
St. Leonards Court £ 699,95000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mariners Lane, Tynemouth £ 185,000BUY5 / 100.00 KM
Hulne Avenue, Tynemouth £ 475,000BUY6 / 100.09 KM
Hulne Avenue, North Shields, Tyne & Wear, NE30 £ 170,000BUYUnknown0.09 KM
Hulne Avenue, Tynemouth £ 300,000BUY5 / 100.09 KM
Hazeldene Court, Tynemouth £ 200,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
1 Mariners Lane £ 235,0000.03 KM
3 Mariners Lane £ 230,0000.03 KM
29 Mariners Lane £ 377,5000.03 KM
27 Mariners Lane £ 239,9500.03 KM
23 Mariners Lane £ 185,0000.03 KM