Friars Wharf, Green Lane, Gateshead
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Friars Wharf, Green Lane, Gateshead

By Carousel Estate Agents

£ 99,950

Reviews

2 out of 5 stars

Carousel Estate Agents says ..

Carousel presents this ground floor one bedroom apartment located in Friars Wharf development, Gateshead. A peaceful riverside development has great transport links to both Newcastle and Sunderland. The property comprises of open plan kitchen and lounge, the kitchen benefits from a fridge/freezer...

Property Oracle says ..

This one-bedroom apartment in the Friars Wharf development in Gateshead offers a potentially appealing option for first-time buyers or investors. The location on the River Tyne provides scenic views and access to green spaces, while convenient transport links to Newcastle and Sunderland enhance its appeal. The property itself appears well-maintained, though not new, with a functional layout that incorporates an open-plan kitchen/living area. While specific square footage is not provided, the price seems comparatively reasonable based on the available data of other similar units in the immediate area. The lack of external space is a notable limitation, typical of apartment living, but the overall package represents a potentially viable entry point to the housing market. Note that this analysis is based on photographs and limited data provided. A physical viewing and professional survey are strongly recommended before making any purchase decision. Factors like service charges, ground rent, and leasehold information are critical to consider. Investigating these details can impact the overall value proposition. Potential buyers should be aware of the absence of detailed information on the square footage and plot size, which would enable a more precise evaluation of the property’s value relative to 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
7
Land
1
Bedrooms
1
Bathrooms
1

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
275,146.00 £
Increased by 3.06 %
from 266,976.00 £
Average area rental value
1,163.00 £/mo
Decreased by 15.60 %
from 1,378.00 £/mo
Est rental Yield
5.07 %
Decreased by 18.09 %
from 6.19 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Carousel Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Brandling Primary SchoolCommunity SchoolOutstanding1.10 KM
Welbeck AcademyAcademy Sponsor LedGood1.11 KM
Monkchester Road Nursery SchoolLocal Authority Nursery SchoolOutstanding1.20 KM
Sure Start East Children'S CentreChildren's Centre1.26 KM
Felling Children'S CentreChildren's Centre Linked Site1.34 KM

Images

EXTERNAL KITCHEN LOUNGE LOUNGE BATHROOM BEDROOM EXTERNAL LOUNGE

Nearby Streets

NameAverage PriceAverage SqftDistance
Till Street £ 000.00 KM
Saint Peter's Court £ 38,70000.00 KM
Temple Street £ 000.00 KM
Swan Crescent £ 95,00000.00 KM
Sandy Crescent £ 120,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW2.02 KM
Manors7603MAS4.02 KM
Newcastle7728NCL5.29 KM
Dunston7744DOT8.14 KM

Nearby Listings

AddressPriceTypeScoreDistance
Friars Wharf, Greenlane, Felling £ 59,950BUY5 / 100.00 KM
Friars Wharf, Green Lane, Gateshead £ 94,999BUY5 / 100.00 KM
Friars Wharf, Green Lane, Gateshead £ 99,950BUY5 / 100.00 KM
Friars Wharf, Green Lane, Gateshead £ 99,950BUY5 / 100.00 KM
Green Lane, Gateshead £ 160,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
20 The Ropery £ 149,0000.24 KM
40 The Ropery £ 120,0000.24 KM
11 The Ropery £ 159,0000.24 KM
33 The Ropery £ 145,0000.24 KM
34 The Ropery £ 147,0000.24 KM