Everbest Properties says ..

Property Oracle says ..

Location: The property is located in Newcastle Upon Tyne, close to the Monument. This is a central location with good transport links, as evidenced by the proximity to Newcastle train station (0.61 KM). Several schools are also within a reasonable distance, including St Paul’s Cofe Primary School (0.90 KM), which has a good Ofsted rating. The area’s accessibility to amenities and transport contributes positively to its desirability.

Condition: Based on the provided images, the property appears to be in good condition. The apartment is modern, with a contemporary design and finishes. The kitchen and bathrooms are clean and well-maintained. While some personal belongings are visible in the photographs, this does not detract from the overall impression of a well-presented and well-maintained property.

Land: The property is an apartment, so it does not include a garden. However, the building has a small shared outdoor space for bicycles.

Price: The list price of £260,000 is above the average price for the area (£219,624). However, the average price per square foot in the area is £227, and this property is 793 square feet. This suggests a price of approximately £180,000 (793 * 227). The property’s location in the city centre, the modern condition, and the relatively large size compared to the average in the area could justify the higher list price compared to the average. However, the presence of several nearby apartments with significantly lower prices (£150,000-£175,000) suggests that the asking price may be slightly inflated. Further investigation into comparable properties with similar sizes and features within the immediate vicinity would be beneficial in determining a more precise valuation.

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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