Andrew Craig says ..

Property Oracle says ..

The property is a two-bedroom flat listed at £69,999. Given the lack of square footage information, a precise price per square foot calculation isn’t possible. However, comparing it to similar properties in the area reveals a price point that is significantly lower than the average house price in South Tyneside (£482,757) and the average price per sqft (£342). Nearby properties on Frobisher Street have sold for between £35,000 and £70,000, suggesting the list price is within the range of recent transactions. The property appears to be in relatively good condition, although some minor cosmetic work may be needed. The images show a clean and well-maintained interior, with updated flooring and a recently fitted kitchen. However, the exterior of the property shows some signs of age and wear. The property benefits from a small yard area, although it appears to be in need of some tidying. The location is positive, with nearby schools rated “Good” or “Outstanding” by Ofsted, suggesting a family-friendly environment. The proximity to Heworth train station (6.60 km) provides convenient access to public transportation. Considering these factors, the property presents a potentially good value for money, especially for first-time buyers or investors looking for a property in a convenient location that requires minimal renovation. However, the lack of detailed information regarding the property’s size and the condition of the yard area limits the scope of a more comprehensive evaluation.

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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