Brunton Residential says ..

Property Oracle says ..

Osborne Road, Jesmond, is located in a popular and well-regarded area of Newcastle upon Tyne. The property benefits from its proximity to excellent schools such as West Jesmond Primary School (Outstanding Ofsted rating) and several other well-regarded schools within a short distance. Public transportation links are also readily available, with several train stations within a reasonable distance. This contributes to a high location score.

Based on the provided images, the property appears to be in need of some modernisation and updating. The interior features dated décor, carpets, and fixtures. While the structure seems sound, significant cosmetic improvements would be necessary to bring it to a modern standard. The kitchen and bathroom are particularly in need of updating. This suggests a lower condition score.

The property includes a small yard, providing some outdoor space. However, this is limited in size and does not constitute a significant garden. This limits the land score.

The list price of £325,000 is significantly below the average price for the area (£488,327). However, considering the property’s condition and relatively small size (646.16 sqft), compared to the average property size in the area (1346 sqft), the price may reflect the required renovations. Nearby comparable terraced houses on Osborne Road have sold for between £220,000 and £310,000, suggesting the list price is within the range, though at the higher end. Further investigation into the specifics of these comparable properties would be beneficial before a definitive price assessment can be made. The average price per sqft in the area is £362, while this property is listed at a significantly lower price per sqft. This may indicate a reasonable price, considering the need for renovation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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