The Close, Quayside, Newcastle upon Tyne, NE1
UR

The Close, Quayside, Newcastle upon Tyne, NE1

By Urban Base Executive

£ 1,000

Reviews

2 out of 5 stars

Urban Base Executive says ..

One bedroom apartment in Merchants Quay is situated in the sought after location of the historic Newcastle Quayside. The property looks towards the River Tyne with views of the High Level bridge.

Property Oracle says ..

This one-bedroom apartment is situated in the highly sought-after Quayside area of Newcastle upon Tyne. The location offers stunning views of the River Tyne and is in close proximity to Newcastle’s city centre, offering convenient access to transportation links, shops, and various cultural attractions. The nearby train station makes it easily accessible by rail. The apartment itself is modern and appears well-maintained from the provided photographs. It features an open-plan living area with a small kitchen and a comfortable-looking bedroom. There is a modern bathroom and the apartment’s interior presents itself as contemporary and functional. However, the listing is missing key details, such as the property’s square footage, which is crucial for a comprehensive analysis and evaluation of the price per square foot. Further information regarding included amenities (parking, etc.) would also provide more context for determining value. The lack of a garden or significant outdoor space is a limitation of apartment living, typical of properties in this type of development. The provided price is in-line with average rents of similar properties in this location, but without further details, a precise judgement on the value cannot be established.

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
6
Condition
7
Location
9
Land
1
Bedrooms
1
Bathrooms
0

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 £
Average area rental value
1,202.00 £/mo
Decreased by 6.09 %
from 1,280.00 £/mo
Est rental Yield
6.40 %
Increased by 8.66 %
from 5.89 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Urban Base Executive created the listing.

Nearby Schools

NameTypeOfstedDistance
North East Futures UtcUniversity Technical College0.55 KM
University Of Northumbria At NewcastleHigher Education Institutions1.09 KM
Tashbar Boys NurseryOther Independent School1.25 KM
Christ Church Cofe Primary SchoolVoluntary Aided SchoolGood1.27 KM
Gateshead Jewish Nursery SchoolOther Independent SchoolInadequate1.32 KM

Images

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
Newcastle7728NCL0.68 KM
Manors7603MAS0.91 KM
Dunston7744DOT3.93 KM
Metrocentre7725MCE6.10 KM
Heworth7766HEW6.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
Close, Newcastle Upon Tyne, NE1 £ 1,100RENTUnknown0.00 KM
The Close, Quayside, Newcastle upon Tyne, NE1 £ 1,600RENTUnknown0.00 KM
The Close, City Centre, Newcastle Upon Tyne, NE1 £ 1,500RENTUnknown0.01 KM
Close, Quayside, Newcastle Upon Tyne, NE1 £ 1,395RENTUnknown0.01 KM
58 Close, Newcastle Upon Tyne, Tyne and Wear, NE1 3RJ £ 1,750RENTUnknown0.01 KM

Nearby Properties

AddressPriceDistance
68 - 72 Close £ 100,0000.00 KM
The Turnbull £ 150,0000.07 KM
9e Queen Street £ 90,0000.49 KM
23b Queen Street £ 165,0000.49 KM
17e Queen Street £ 134,5000.49 KM