1 bed flat for sale
Hopper Street, Newcastle Upon Tyne NE8
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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
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.
Property value data/graphs for NE8
Property type | Avg. current value | Avg. £ per sq ft. | Avg. # beds | Avg. £ paid (last 12m) |
---|---|---|---|---|
Detached | £191,914 | £165 | 3.5 | £225,758 |
Semi-detached | £133,091 | £145 | 2.8 | £120,125 |
Terraced | £142,660 | £137 | 3.3 | £150,201 |
Flats | £108,174 | £183 | 2.2 | £101,449 |
Current asking prices in NE8
Average: £116,690Property type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses | - |
£83,080 (5) |
£127,787 (15) |
£228,500 (4) |
£303,300 (3) |
Flats |
£84,035 (22) |
£121,884 (76) |
£114,894 (17) |
£104,975 (2) |
£89,000 (3) |
All |
£84,035 (22) |
£119,489 (81) |
£120,937 (32) |
£187,325 (6) |
£196,150 (6) |
Current asking rents in NE8
Average: £677 pcmProperty type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses |
£388 pcm (5) |
£488 pcm (2) |
£753 pcm (7) |
£922 pcm (13) |
£282 pcm (1) |
Flats |
£511 pcm (37) |
£664 pcm (111) |
£790 pcm (44) |
£751 pcm (8) |
£847 pcm (2) |
All |
£496 pcm (42) |
£661 pcm (113) |
£785 pcm (51) |
£857 pcm (21) |
£659 pcm (3) |
Fun facts for NE8
Highest value streets | Zed-Index |
---|---|
Durham Road | £336,420 |
West Park Road | £261,589 |
Mill Road | £250,084 |
Claremont Place | £225,211 |
St. Edmunds Court | £221,049 |
Highest turnover streets | Turnover |
---|---|
Durham Road | 57.1% |
Parson Courtyard | 57.1% |
Mid Summer Way | 43.8% |
Spring Street | 42.9% |
Ash Street | 38.2% |
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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)
Local info for Gateshead
AskMe Q&A for Gateshead
-
Who is owner of 74 Bewick Road, Gateshead?
Asked on Apr 5 2011, House Prices in Gateshead
1 answer - Answer this question -
Asked on May 22 2010, Renting in Gateshead
1 answer - Answer this question -
Asked on Jun 14 2012, General in Gateshead
2 answers - Answer this question
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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
Mortgage
In association withThese 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.
Home Insurance
Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £10/mo (£126/yr)Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.
Source: Autonet Insurance Ltd
Energy
Gas £18 Electricity £24 Estimated energy cost £42/moSimilar properties could save up to £190
How Much Could I Save?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 /mowhen paid over 10 months
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 /moWater 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.
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.