Bailey & Co. says ..

Property Oracle says ..

This property is a ground floor apartment located in the prestigious Percy Gardens, Tynemouth. The apartment boasts period features such as ornate ceilings and fireplaces, indicative of its age and potential historical significance. The location itself, Tynemouth, is highly desirable, offering a blend of coastal living, village amenities, and proximity to good schools. The images show a spacious interior with ample living areas and bedrooms. However, the property seems to present a mixed bag in terms of condition and modernity. The kitchen and bathroom could benefit from refurbishment, and the damp proofing work in the basement also suggests maintenance needs. Additionally, the absence of a private garden is a significant drawback, given the premium value often placed on outdoor space. In summary, it presents a significant opportunity for buyers who are comfortable undertaking some renovations. While the location and spacious interior are strong selling points, buyers should be prepared for upgrades to fully realize the property’s potential. The absence of detailed square footage for comparable properties makes precise price evaluation challenging. However, when considering the property’s location, size, and condition, the list price appears relatively consistent with the overall market.

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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