Merchants Quay, City Centre, Newcastle Upon Tyne, NE1
SA

Merchants Quay, City Centre, Newcastle Upon Tyne, NE1

By Sarah Mains Residential Sales and Lettings

£ 120,000

Reviews

2 out of 5 stars

Sarah Mains Residential Sales and Lettings says ..

PUBLIC NOTICE Sarah Mains are now in receipt of an offer for the sum of £121,000 for 10 Merchants Quay, Newcastle Upon Tyne, NE1 3RF. Anyone wishing to place an offer on this property should contact Sarah Mains, 119-121 St George's Terrace, Jesmond, NE2 2DN, ...

Property Oracle says ..

This two-bedroom, two-bathroom apartment located in Newcastle Upon Tyne’s City Centre presents an appealing option for buyers seeking urban living. The property’s central location offers convenient access to various amenities, excellent transport links (Newcastle train station is less than 1km away), and proximity to nearby schools. While the images showcase a clean and tidy apartment, it benefits from minor aesthetic updates and modernizing to elevate its presentation and marketability. Although the provided data omits details on the apartment’s square footage, its price appears reasonable given the comparable properties in the vicinity, making it a potentially sound investment. The lack of outdoor space is a drawback, particularly for those seeking private garden access, but this is common in city centre apartments. Overall, it is a decent apartment in a desirable location, with its value being enhanced by its convenient location and competitive 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
8
Land
1
Bedrooms
2
Bathrooms
2

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

  • Sarah Mains Residential Sales and Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
North East Futures UtcUniversity Technical College0.57 KM
University Of Northumbria At NewcastleHigher Education Institutions1.08 KM
Tashbar Boys NurseryOther Independent School1.25 KM
Christ Church Cofe Primary SchoolVoluntary Aided SchoolGood1.25 KM
Gateshead Jewish Nursery SchoolOther Independent SchoolInadequate1.32 KM

Images

External Lounge Kitchen Hallway Lounge Bedroom En-Suite External Bathroom Bedroom 2 External

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Newcastle7728NCL0.69 KM
Manors7603MAS0.90 KM
Dunston7744DOT3.95 KM
Metrocentre7725MCE6.12 KM
Heworth7766HEW6.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merchants Quay, Quayside £ 170,000BUY6 / 100.00 KM
38 Merchants Quay 46-54, Newcastle City Centre £ 85,000BUY6 / 100.00 KM
Merchants Quay, Newcastle Upon Tyne £ 195,000BUY7 / 100.00 KM
Apartment 22 Merchants Quay, 46-54 Close, Newcastle upon Tyne, Tyne and Wear, NE1 3RF £ 120,000BUYUnknown0.00 KM
Merchants Quay, Newcastle Upon Tyne £ 99,950BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
68 - 72 Close £ 100,0000.02 KM
The Turnbull £ 150,0000.08 KM
23d Queen Street £ 130,0000.47 KM
17e Queen Street £ 134,5000.47 KM
9e Queen Street £ 90,0000.47 KM