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1 bed flat for sale

£69,995

Hopper Street, Newcastle Upon Tyne NE8

1 1
Interested in this property? Call +44 1702 787668 * or Request Details

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Property features

  • Balcony
  •  Prices from £69,995
  •  8% Return assured for 3 years
  •  Dual-purpose development
  •  Juliette Balconies and Terraced area
  •  Gym and Sauna
  •  Target completion Q4 2018

Property description

Hopper House will see the creation of 81 stylish apartments in an outstanding central Gateshead location. The development has been designed with students and young, professional urban tenants in mind and will include a host of desirable facilities, from a gym and sauna to bicycle parking and WiFi. Each apartment also features a terraced area to ensure that residents can enjoy their outside space as much as their tasteful interiors.
Offering the best in modern living and promoting a hassle-free lifestyle is core to the ethos behind Hopper House. As such, the apartments will offer an all-inclusive rental package, whereby tenants’ heating, water, electricity, internet and so forth is included in their rent.
All apartments come fully furnished to an extremely high standard, with quality fixtures and fittings. Laundry rooms within the building reduce the need for washing machines in individual homes, thus maximising space for tenants while removing a maintenance headache for investors. This thoughtful approach to design has been applied across the development.

Location

The town of Gateshead enjoys a superb location in Tyne and Wear. Not only a bustling town in its own right, it also sits directly across the river from Newcastle, meaning that Gateshead residents get to enjoy the best of town life right on the doorstep of one of the uk’s most exciting cities.

Hopper House residents, for example, are within walking distance of the town centre, where they can enjoy easy access to plentiful shops, supermarkets, banks and leisure facilities, including a nearby Vue Cinema. Students living at Hopper House can reach Gateshead College’s Baltic Campus on foot in just 10 minutes, while Newcastle University is merely a brisk half hour walk away (or a 9 minute drive).

Gateshead is home to some 200,000 people, with a town economy valued at £4.18 billion. The town is building quite the reputation for its innovative business culture and young, talented workers.
In recent months, this has seen robot manufacturer Comau UK move in, branding agency Blue Kangaroo (the bods behind Peppa Pig and Doctor Who) expand its Gateshead base, and manufacturing plant Nov Mission Products transform into a ‘best in class’ producer for the energy industry. Meanwhile, Northern Gas and Power announced plans to create up to 500 jobs in Gateshead earlier this year, while the Gateshead Economic Growth Acceleration Plan is supporting the creation of 4,000 jobs between 2015 and 2020. Local employment opportunities abound, schools are good and real estate is affordable. It’s no wonder Gateshead enjoys the joint highest life satisfaction rating (along with Sunderland) in Tyne and Wear.

Gateshead’s housing market offers excellent value for money. With an average property price of £129,568, compared to an average of £243,935 for England as a whole, those investing in the town have a fantastically affordable entry point into the market.
Market activity
Average price paid £124,929 Sales 360 Current average value £125,862 (Zoopla Zed-Index) Value change -£176 ▼ -0.14%

Property value data/graphs for NE8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £200,434 £172 3.5 £216,559
Semi-detached £136,213 £152 2.8 £119,712
Terraced £144,227 £140 3.3 £151,078
Flats £110,300 £194 2.2 £106,375

Current asking prices in NE8

Average: £111,894
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £87,121
(7)
£130,132
(19)
£185,439
(9)
£218,300
(3)
Flats £80,146
(25)
£115,474
(105)
£100,881
(18)
£98,317
(3)
£99,380
(5)
All £80,146
(25)
£113,702
(112)
£115,901
(37)
£163,658
(12)
£143,975
(8)

Current asking rents in NE8

Average: £674 pcm
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £383 pcm
(7)
£575 pcm
(4)
£719 pcm
(13)
£954 pcm
(13)
£726 pcm
(4)
Flats £498 pcm
(39)
£642 pcm
(97)
£848 pcm
(40)
£643 pcm
(10)
£708 pcm
(5)
All £480 pcm
(46)
£639 pcm
(101)
£816 pcm
(53)
£819 pcm
(23)
£716 pcm
(9)

Fun facts for NE8

Highest value in NE8
Highest value streets Zed-Index
Durham Road £326,886
West Park Road £267,177
Mill Road £254,901
Riverside Row £245,961
St. Edmunds Court £231,068
Highest turnover in NE8
Highest turnover streets Turnover
Spring Street 50.0%
Durham Road 50.0%
Mid Summer Way 43.8%
Parson Courtyard 42.9%
Walcher Grove 41.7%

What Zoopla users think of Bensham

Overall rating:

  • currently 3 stars
Good - 63% (47 ratings)

Ratings breakdown:

  • currently 3 stars
Community & safety
  • currently 2 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 3.5 stars
Transport & travel

Rate Bensham:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Manors (0.7 miles)
  • Newcastle (0.8 miles)
  • Dunston (1.8 miles)
  • Newcastle Airport (6.4 miles)
  • Durham Tees Valley Airport (32.1 miles)
  • Leeds Bradford International Airport (75.9 miles)
  • Newcastle International Ferry Terminal (6.3 miles)
  • South Shields Ferry Terminal (6.8 miles)
  • North Shields Ferry Terminal (6.8 miles)

Nearby schools

View all schools in Gateshead
  • St Joseph's Roman Catholic Voluntary Aided Primary School, Gateshead (0.4 miles)
  • South Street Community Primary School (0.7 miles)
  • Caedmon Community Primary School (0.7 miles)
  • Discovery School (1.1 miles)
  • Trinity Solutions Academy (2.5 miles)
  • Gosforth Academy (3.6 miles)
  • Dryden School (1.4 miles)
  • Royal Grammar School (1.4 miles)
  • Newcastle High School for Girls (1.5 miles)
Note: Distances are straight line measurements

Local info for Gateshead

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For more information about this property, please contact
Sand Royale, SS9 on +44 1702 787668 * (local rate)

Monthly running costs Beta

£440 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,999
Repayment term 25
Interest rate 1.5
Your payment £251 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £21 Electricity £26 Estimated energy cost £47/mo

Similar properties could save up to £163

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6300 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Gateshead

Estimated tax band A Council tax cost £119 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £10 Sewerage £13 Estimated water cost £23 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sand Royale, and do not constitute property particulars. Please contact Sand Royale for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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