24 Cobalt Close, Newcastle Upon Tyne
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24 Cobalt Close, Newcastle Upon Tyne

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We have confidence in this estimated current valuation Updated recently
£39,000
Or £254 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Jan 4, 2024
£45,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 24 Cobalt Close, Newcastle Upon Tyne, a cozy and compact flat type home with 1 bed in the NE15 8TL area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band A.

This modern and well-kept property was built 1983-1990 and has a reported internal area of 37 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £39,000 and a rental potential of £254 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Jan 4, 2024. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" GUIDE PRICE ยฃ45,000+
FOR SALE BY LIVESTREAMED ONLINE AUCTION ON TUESDAY 13th FEBRUARY 2023.

For bidding registration, please visit auctionhouse.co.uknortheast

We are delighted to welcome to the market this well presented one bedroom upper flat on Cobalt Close in Lemington Rise.

The property briefly comprises; entrance lobby with stairs to the first floor, lounge, fitted kitchen, bathroom, one bedroom with fitted wardrobes. Other benefits include double glazing and electric heating.

Externally there is a gravel garden to the front and private parking.

The property is located in the popular estate of Lemington Rise. The estate and the surrounding areas enjoy a good range of local services including shops, schools and pubs. The area also provides excellent transport links with regular bus routes into Newcastle city centre. The A69 and A1 trunk roads are also both close at hand allowing great access to the motorway network. The location also offers easy access across the river on the nearby Scotswood Bridge making commuting ideal. Newcastle International airport is also within easy reach. This property would be an ideal purchase for first time buyers or an investor.

We understand the property is leasehold with 47 years remaining and a peppercorn rent.



IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

QWD23070022 "

Property Data

Data point Compared to road
Tax band A

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £177 Try Mortgage Tracker
Energy £673 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Lemington Riverside Primary School
0.6mi
Waverley Primary School
0.7mi
St George's RC Primary School
0.8mi
Newburn Manor Primary School
0.8mi
Newburn Manor Nursery School
0.9mi
Nearby Stations
Blaydon Station
1.2mi
MetroCentre Station
2.7mi
Wylam Station
3.8mi
Dunston Station
4.0mi
Newcastle Station
4.2mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000
๐Ÿค”
Greener Home
This could increase your home value by £5,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
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Strengths

๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 24 Cobalt Close, Newcastle Upon Tyne worth?

    24 Cobalt Close, Newcastle Upon Tyne is now worth £39,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 24 Cobalt Close, Newcastle Upon Tyne - click click here to get a valuation with no strings attached.

  2. What is the rental value of 24 Cobalt Close, Newcastle Upon Tyne?

    The current rental valuation for this property is £254 per month, within a price range of £228 and £279.

  3. How many bedrooms does 24 Cobalt Close, Newcastle Upon Tyne have?

    This property has 1 bedrooms. Search for nearby properties with 1 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 24 Cobalt Close, Newcastle Upon Tyne?

    Nearby schools in include Lemington Riverside Primary School, Waverley Primary School, St George's RC Primary School, Newburn Manor Primary School, Newburn Manor Nursery School

    Nearby stations in include Blaydon Station, MetroCentre Station, Wylam Station, Dunston Station, Newcastle Station.

  5. What type of property is 24 Cobalt Close, Newcastle Upon Tyne

    This is a Flat property. There are 6 other Flat properties on COBALT CLOSE, and 24 in total.

  6. When was 24 Cobalt Close, Newcastle Upon Tyne built? How old is 24 Cobalt Close, Newcastle Upon Tyne?

    24 Cobalt Close, Newcastle Upon Tyne was was built between 1983-1990.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Newcastle Upon Tyne, Tyne And Wear Gateshead, Tyne And Wear Newcastle Upon Tyne, Northumberland