452 Denton Road, Newcastle upon Tyne
Savills commercial

452 Denton Road, Newcastle upon Tyne, NE15 7HD

£295,000 Score 2.0/10

Description

To be offered on Wednesday 29 July. A two storey freehold medical centre. Let on a 21 year lease expiring 20.11.2045. NHS backed income. Basement with storage space. Front and rear car park. Development potential (subject to necessary consents). NIA approx. 2, 240 sq ft (208.1 sq m). Investment let at £24, 475 p.a. (8.3% GIY on Guide Price)

Opportunities

  • Development potential

Risks

  • 114% above market avg

Lot details

  • To be offered on Wednesday 29 July
  • A two storey freehold medical centre
  • Let on a 21 year lease expiring 20.11.2045
  • NHS backed income
  • Basement with storage space
  • Front and rear car park

Estimated value

£124k – £152k ≈ £138k Medium confidence
How we worked this out

Based on 4 comparable sales in NE15 (median £138k)

Indication only — based on Land Registry sales and EPC data, not a formal valuation.

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Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.