Wellway, Morpeth, Northumberland, NE61 1BJ
PA

Wellway, Morpeth, Northumberland, NE61 1BJ

By Pattinson Estate Agents

£ 165,000

Reviews

2 out of 5 stars

Pattinson Estate Agents says ..

This unique two-bedroom maisonette is ideally located in the heart of Morpeth, offering convenient access to a wide range of local amenities and activities. Morpeth town centre boasts leisure facilities, beauty salons, and OFSTED-approved schools. It also features an array of designer shops, l...

Property Oracle says ..

This property in Morpeth, Northumberland presents a mixed bag. Situated on Newgate Street, the location is convenient with proximity to a range of local amenities and high-performing schools like The King Edward VI Academy (Outstanding Ofsted rating) and St Robert’s Roman Catholic Voluntary Aided First School (Good Ofsted rating). The train station offers links to other towns and cities; however, the property’s positioning directly on a main road may be a consideration for prospective buyers seeking a quieter environment.

In terms of condition, the property appears habitable but benefits from modernisation. The kitchen and bathroom are relatively updated, while the living areas and bedrooms show a mix of contemporary and dated features. Improvements could enhance its overall aesthetic appeal and potentially increase its market value. The lack of outside space or even a small yard is a notable drawback for many buyers.

The absence of vital information such as the property’s size prevents a definitive assessment of its price. Whilst the list price might seem relatively reasonable given location and amenities, further market research into comparable properties is necessary to ascertain its true value. A professional valuation by a qualified surveyor would be highly beneficial.

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
7
Land
1
Bedrooms
2
Bathrooms
1
MarkerMarkerMarkerMarkerMarkerMarkerMarkerMarker
Leaflet © OpenStreetMap contributors

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
549,545.00 £
Increased by 4.41 %
from 526,318.00 £
Average area rental value
1,348.00 £/mo
Decreased by 7.61 %
from 1,459.00 £/mo
Est rental Yield
2.94 %
Decreased by 11.71 %
from 3.33 %
Crime Rate
30.00 %
Unchanged by 0.00 %
from 30.00 %

Agent Activity

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
The King Edward Vi AcademyAcademy ConverterOutstanding0.72 KM
Morpeth Chantry Middle SchoolAcademy ConverterRequires improvement1.03 KM
Abbeyfields First SchoolAcademy Converter1.12 KM
Morpeth Newminster Middle SchoolAcademy ConverterRequires improvement1.18 KM
Morpeth First SchoolCommunity SchoolOutstanding1.63 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Market Place £ 110,00000.00 KM
Hood Street £ 290,00000.00 KM
Challoner's Gardens £ 270,00000.00 KM
Bluebell Rise £ 325,00000.00 KM
Howard Street £ 220,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Morpeth7680MPT1.10 KM
Pegswood7685PEG5.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wellway, Morpeth, Northumberland, NE61 1BJ £ 165,000BUY5 / 100.00 KM
Hudson Place, Morpeth, NE61 £ 500,000BUYUnknown0.17 KM
Morpeth £ 199,000BUY4 / 100.18 KM
Oldgate, Morpeth, Northumberland, NE61 £ 275,000BUYUnknown0.18 KM
Wellway Court, Morpeth, NE61 £ 170,000BUY5 / 100.20 KM

Nearby Properties

AddressPriceDistance
21 Manchester Street £ 86,5000.06 KM
5 Hudson Place £ 90,0000.07 KM
4 Wheatsheaf Yard £ 120,0000.14 KM
2 Wheatsheaf Yard £ 137,5000.14 KM
17 Mains Place £ 210,0000.16 KM