Andrew Craig says ..

Property Oracle says ..

The property is a two-bedroom apartment located at Ferry Approach, South Shields, Tyne and Wear. The apartment is situated in a modern building overlooking the River Tyne. Based on the provided images, the apartment appears to be in good condition, although some areas, such as the flooring in the bedrooms, show signs of needing some work. The kitchen and bathrooms seem well-maintained. The location is attractive, offering river views and proximity to the town centre. However, the lack of information regarding plot size and square footage makes it difficult to assess the property’s value accurately. The list price of £150,000 is slightly below the average price of £163,227 for the area, but without knowing the square footage, a definitive judgment on the price’s reasonableness cannot be made. Nearby comparable properties on Ferry Approach range from £130,000 to £185,000, suggesting the listing price is within the range of similar properties in the area. The presence of several nearby schools, including Hadrian Primary School and Marine Park Primary School, both rated as “Outstanding” by Ofsted, is a positive aspect of the location.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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