McGowan Housing says ..

Property Oracle says ..

This one-bedroom apartment in Wallsend, Tyne and Wear, is listed at £41,000. The property is situated in a residential area, Ryedale, that appears relatively quiet and offers proximity to several well-rated primary schools, making it potentially suitable for families. The property includes a noticeably larger than average garden for the location. However, the interior requires significant work. The images showcase a cluttered and unclean interior with noticeable maintenance issues and dated decor. The kitchen and bathroom display a need for renovation and thorough cleaning. The property’s price point is noticeably lower than some of the surrounding homes, suggesting potential value for money despite the interior’s state; however, the price also reflects the condition and would need a significant outlay to bring up to a marketable standard. Therefore, it could be a suitable investment for someone looking for a renovation project or a buy-to-let opportunity, given the lower initial cost. Buyers should factor in the expense of renovation and modernisation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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