Welbeck Road, Walker, Newcastle Upon Tyne
NE

Welbeck Road, Walker, Newcastle Upon Tyne

By next2buy

£ 60,000

Reviews

2 out of 5 stars

next2buy says ..

** THIS PROPERTY IS NOW "SALE AGREED" AND THERE ARE TO BE NO FURTHER VIEWINGS - WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE A PROPERTY TO SELL AND WANT ONE OF OUR "GONE" BOARDS TOO! PLEASE GET IN TOUCH ** ** TWO BEDROOM FIRST FLOOR FLAT ** ** INVESTMENT OPPORTUNITY TO BE SOLD WI...

Property Oracle says ..

This two-bedroom terraced property located on Welbeck Road in Walker, Newcastle Upon Tyne, presents a mixed bag of advantages and disadvantages. The property is conveniently located near several schools, including Welbeck Academy, which has a ‘Good’ Ofsted rating, making it potentially attractive to families. Public transportation links are also within a reasonable distance.

However, the overall condition of the property, whilst habitable, appears to need some minor maintenance and cosmetic upgrades to improve its presentation. The kitchen appears relatively modern, but other areas such as the garden could benefit from considerable work, suggesting potential further costs for buyers. The garden is particularly unkempt. The lack of detail regarding the property size, plot size and surrounding amenities, makes a full analysis difficult.

The list price of £60,000 requires additional context to be fully assessed. Comparative properties in the area are provided, but data regarding sizes for most of these properties is unavailable. While this might be reasonable for a two-bedroom property in this area, a comprehensive market analysis considering current interest rates, local property trends, and the property’s specific features is necessary for a definitive valuation. There is also a lack of information available on the amenities and safety of the surrounding area and this should be taken into consideration.

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
5
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
780.06

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
680,998.00 £
Decreased by 7.75 %
from 738,203.00 £
Est sale value
417,332.10 £
Increased by 80.13 %
from 231,677.82 £
Average area rental value
1,898.00 £/mo
Decreased by 25.22 %
from 2,538.00 £/mo
Est letting value
780.06 £/mo
Unchanged by 0.00 %
from 780.06 £/mo
Est rental Yield
3.34 %
Decreased by 19.13 %
from 4.13 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • next2buy marked this listing as sold.

  • next2buy created the listing.

Nearby Schools

NameTypeOfstedDistance
Welbeck AcademyAcademy Sponsor LedGood0.43 KM
St Lawrence'S Catholic Primary SchoolAcademy Converter0.52 KM
Sure Start East Children'S CentreChildren's Centre0.85 KM
Monkchester Road Nursery SchoolLocal Authority Nursery SchoolOutstanding0.92 KM
Byker Primary SchoolCommunity SchoolOutstanding1.15 KM

Images

Kitchen IMG_0429.jpg Lounge Bathroom External Kitchen Lounge Bedroom 1 Bedroom 2

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Peter's Court £ 38,70000.00 KM
Ayton Rise £ 000.00 KM
St Michael's Mount £ 000.00 KM
Garmondsway £ 000.00 KM
Till Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW2.90 KM
Manors7603MAS3.86 KM
Newcastle7728NCL5.28 KM
Dunston7744DOT8.40 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gillies Street, Newcastle upon Tyne, NE6 £ 110,000BUY6 / 100.10 KM
Bothal Street, Byker £ 65,000BUY7 / 100.11 KM
Benson Place, Newcastle upon Tyne, NE6 £ 110,000BUY6 / 100.30 KM
Ayton Street, Newcastle Upon Tyne £ 85,000BUY6 / 100.30 KM
Ayton Street, Byker, NE6 £ 120,000BUY6 / 100.30 KM

Nearby Properties

AddressPriceDistance
10 Gillies Street £ 105,0000.10 KM
29 Gillies Street £ 72,0000.10 KM
38 Gillies Street £ 45,0000.10 KM
13 Gillies Street £ 14,5000.10 KM
22 Gillies Street £ 67,0000.10 KM