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 %
- Est sale value
- 681,729.00 £Increased by 6.27 %
- Average area rental value
- 1,173.00 £/moIncreased by 0.95 %
- Est letting value
- 2,011.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.14 %Decreased by 6.55 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
A & G Land & Property Agent created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Archbishop Runcie Cofe First School | Voluntary Aided School | Good | 0.61 KM |
South Gosforth First School | Foundation School | Good | 0.72 KM |
St Mary'S Catholic School | Academy Converter | 1.17 KM | |
Hopespring Newcastle | Other Independent School | Good | 1.18 KM |
Gosforth Central Middle School | Foundation School | Good | 1.51 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Percy Terrace | £ 550,000 | 0 | 0.00 KM |
Dene Terrace | £ 160,000 | 0 | 0.00 KM |
Salters Lane | £ 0 | 0 | 0.00 KM |
Columba Walk | £ 260,000 | 0 | 0.00 KM |
Davidson Cottages | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Manors | 7603 | MAS | 3.80 KM |
Newcastle | 7728 | NCL | 4.51 KM |
Dunston | 7744 | DOT | 7.57 KM |
Heworth | 7766 | HEW | 8.18 KM |
Metrocentre | 7725 | MCE | 8.63 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Station Road, South Gosforth, Newcastle Upon Tyne, | £ 395,000 | BUY | 4 / 10 | 0.00 KM |
Audley Road, South Gosforth, Newcastle upon Tyne | £ 210,000 | BUY | 6 / 10 | 0.06 KM |
Audley Road, South Gosforth, Newcastle upon Tyne | £ 260,000 | BUY | 7 / 10 | 0.08 KM |
Field Street, South Gosforth, Newcastle Upon Tyne, Tyne & Wear, NE3 | £ 205,000 | BUY | Unknown | 0.10 KM |
Wrendale Court, Gosforth, Newcastle Upon Tyne, NE3 | £ 130,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
2 Rows Terrace | £ 377,800 | 0.09 KM |
8 Rows Terrace | £ 541,000 | 0.09 KM |
3 William Street | £ 105,000 | 0.09 KM |
27 William Street | £ 250,000 | 0.09 KM |
7 William Street | £ 110,000 | 0.09 KM |