Quayside Lofts,, 8 Clavering Place, Newcastle Upon Tyne, Tyne and Wear, NE1
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Quayside Lofts,, 8 Clavering Place, Newcastle Upon Tyne, Tyne and Wear, NE1

By Living Spaces

£ 120,000

Reviews

2 out of 5 stars

Living Spaces says ..

** QUAYSIDE APARTMENT WITH BALCONY AND PARKING ** Providing an ideal First Time Buy or Investment opportunity with an estimated rental in excess of £900 pcm. This one bedroom property is situated in the ever popular Quayside Lofts building with benefits to include; Block caretaker, open pla...

Property Oracle says ..

This one-bedroom apartment in Newcastle upon Tyne’s Quayside area presents an attractive option for first-time buyers or investors. Its location offers excellent access to city amenities and transport links. The interior, judging from the photographs, is in good condition, featuring modern fixtures and fittings. While precise details regarding the state of the building’s exterior and common areas are missing, the overall impression is positive. The apartment’s lack of private outdoor space is a notable limitation. The asking price of £120,000 appears competitive when considering the property’s location and the condition shown in the photos, but a lack of detailed comparable sales data prevents definitive valuation. The absence of plot size information in the provided data is noteworthy. Further investigation into the building’s maintenance history and potential service charges would be prudent before making a purchasing decision. Potential buyers should ensure a full survey is undertaken to fully assess the property’s condition before finalizing the purchase.

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
7
Location
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
489.90

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
111,207.30 £
Decreased by 5.81 %
from 118,065.90 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est letting value
489.90 £/mo
Unchanged by 0.00 %
from 489.90 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Living Spaces created the listing.

Nearby Schools

NameTypeOfstedDistance
North East Futures UtcUniversity Technical College0.49 KM
University Of Northumbria At NewcastleHigher Education Institutions1.11 KM
Tashbar Boys NurseryOther Independent School1.29 KM
Christ Church Cofe Primary SchoolVoluntary Aided SchoolGood1.31 KM
Gateshead Jewish Nursery SchoolOther Independent SchoolInadequate1.36 KM

Images

picture 1 picture 5 picture 3 Picture No. 10 picture 4 picture 2 picture 8 picture 7

Nearby Streets

NameAverage PriceAverage SqftDistance
High Level Bridge £ 207,37500.00 KM
B1600 £ 000.00 KM
Saint Nicholas Chare £ 000.00 KM
Stephenson's Monument Park £ 000.00 KM
Swan House Roundabout £ 170,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.61 KM
Manors7603MAS0.96 KM
Dunston7744DOT3.88 KM
Metrocentre7725MCE6.03 KM
Heworth7766HEW6.46 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
The Turnbull £ 150,0000.04 KM
68 - 72 Close £ 100,0000.07 KM
23d Queen Street £ 130,0000.55 KM
17e Queen Street £ 134,5000.55 KM
23b Queen Street £ 165,0000.55 KM