Station Road, South Gosforth, Newcastle Upon Tyne,
A

Station Road, South Gosforth, Newcastle Upon Tyne,

By A & G Land & Property Agent

£ 395,000

Reviews

2 out of 5 stars

A & G Land & Property Agent says ..

An exciting opportunity to purchase a prominent shop premises in South Gosforth with a spacious three bedroom maisonette above. The generously proportioned period building consists of a commercial shop-front with separate kitchen area, office/store room and WC.

Property Oracle says ..

This property in South Gosforth, Newcastle upon Tyne presents a unique offering combining a three-bedroom maisonette with a commercial shopfront on Station Road. The location is a definite strength, situated in a sought-after area with good local schools and transport connections. The proximity to the Metro station is particularly convenient. However, a full assessment of the commercial unit’s viability and potential rental income is essential to evaluate its contribution to the overall value. The residential space shows a mixed presentation. While the bathroom appears modern, other areas such as the kitchen and some rooms present a need for some modernisation and potentially repairs, such as plastering. The inclusion of the commercial element adds to the overall property value but also significantly impacts the risk and investment needed. The absence of a garden is a notable factor. Potential buyers should conduct a thorough survey and seek professional advice on the commercial aspect of the property before making an offer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
1
Bedrooms
3
Bathrooms
1
Sqft (est)
2,011.00

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
340,134.00 £
Increased by 8.09 %
from 314,674.00 £
Est sale value
681,729.00 £
Increased by 6.27 %
from 641,509.00 £
Average area rental value
1,173.00 £/mo
Increased by 0.95 %
from 1,162.00 £/mo
Est letting value
2,011.00 £/mo
Unchanged by 0.00 %
from 2,011.00 £/mo
Est rental Yield
4.14 %
Decreased by 6.55 %
from 4.43 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • A & G Land & Property Agent created the listing.

Nearby Schools

NameTypeOfstedDistance
Archbishop Runcie Cofe First SchoolVoluntary Aided SchoolGood0.61 KM
South Gosforth First SchoolFoundation SchoolGood0.72 KM
St Mary'S Catholic SchoolAcademy Converter1.17 KM
Hopespring NewcastleOther Independent SchoolGood1.18 KM
Gosforth Central Middle SchoolFoundation SchoolGood1.51 KM

Images

Main Image MAISONETTE: Lounge Dining Room Kitchen Inner Hall Landing Bedroom One Bedroom Two SHOP PREMISES: Kitchen Area Bathroom Office/Store

Nearby Streets

NameAverage PriceAverage SqftDistance
Percy Terrace £ 550,00000.00 KM
Dene Terrace £ 160,00000.00 KM
Salters Lane £ 000.00 KM
Columba Walk £ 260,00000.00 KM
Davidson Cottages £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS3.80 KM
Newcastle7728NCL4.51 KM
Dunston7744DOT7.57 KM
Heworth7766HEW8.18 KM
Metrocentre7725MCE8.63 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
2 Rows Terrace £ 377,8000.09 KM
8 Rows Terrace £ 541,0000.09 KM
3 William Street £ 105,0000.09 KM
27 William Street £ 250,0000.09 KM
7 William Street £ 110,0000.09 KM