Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1
By Living Spaces
£ 140,000
Reviews
2 out of 5 stars
Living Spaces says ..
**TWO BEDROOM QUAYSIDE APARTMENT IN PERIOD BUILDING** Situated on the banks of the river, this apartment is ideally located for the amenities of the Quayside and the City Centre. Benefits from resident parking and no onward chain. The accommodation provides; entrance hall, open plan living/kitche...
Property Oracle says ..
This two-bedroom apartment in Hanover Mill, situated on Newcastle’s Quayside, presents a compelling opportunity for buyers. The location is undoubtedly a key selling point, providing easy access to the city centre, transport links, and the amenities of the Quayside. The apartment itself appears to be in reasonable condition, though some modernisation would likely enhance its appeal and market value. The photos show a functional layout with an open-plan living area and a separate kitchen. The absence of private outdoor space is a drawback, typical of apartment living in this type of development. While the asking price of £140,000 appears justifiable, a more thorough analysis of comparable recently sold properties in the immediate area would be beneficial to confirm its competitiveness in the current market. In summary, this property offers a blend of desirable location and reasonable living space. Potential buyers should carefully weigh the advantages of the location and the need for potential minor upgrades or improvements against the asking price.
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
- 9
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 682.43
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 %
- Est sale value
- 154,911.61 £Decreased by 5.81 %
- Average area rental value
- 1,202.00 £/moDecreased by 6.09 %
- Est letting value
- 682.43 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.40 %Increased by 8.66 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Living Spaces created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| North East Futures Utc | University Technical College | 0.26 KM | |
| Tashbar Boys Nursery | Other Independent School | 1.27 KM | |
| Callerton Academy | Free Schools | 1.30 KM | |
| University Of Northumbria At Newcastle | Higher Education Institutions | 1.34 KM | |
| Gateshead Jewish Nursery School | Other Independent School | Inadequate | 1.34 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| High Level Bridge | £ 207,375 | 0 | 0.00 KM |
| Saint Nicholas Chare | £ 0 | 0 | 0.00 KM |
| Stephenson's Monument Park | £ 0 | 0 | 0.00 KM |
| B1600 | £ 0 | 0 | 0.00 KM |
| Sussex Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newcastle | 7728 | NCL | 0.45 KM |
| Manors | 7603 | MAS | 1.22 KM |
| Dunston | 7744 | DOT | 3.62 KM |
| Metrocentre | 7725 | MCE | 5.80 KM |
| Heworth | 7766 | HEW | 6.62 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1 | £ 140,000 | BUY | 5 / 10 | 0.00 KM |
| Hanover Street, Newcastle Upon Tyne | £ 70,000 | BUY | 6 / 10 | 0.00 KM |
| Hanover Mill, Hanover Street, Newcastle Upon Tyne | £ 100,000 | BUY | 5 / 10 | 0.00 KM |
| Hanover Street, Newcastle upon Tyne, Tyne and Wear, NE1 | £ 130,000 | BUY | 5 / 10 | 0.00 KM |
| Hanover Mill, Hanover Street , Newcastle Upon Tyne | £ 185,000 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| The Turnbull | £ 150,000 | 0.29 KM |
| 68 - 72 Close | £ 100,000 | 0.31 KM |
| 43 Midlothian Court | £ 117,995 | 0.44 KM |
| 45 Midlothian Court | £ 162,995 | 0.45 KM |
| 27 Midlothian Court | £ 179,995 | 0.45 KM |