Mike Rogerson Estate Agents says ..

Property Oracle says ..

This two-bedroom ground floor flat in Wallsend, Tyne and Wear, presents a mixed picture to potential buyers. The property benefits from a relatively convenient location, with several well-regarded schools within a short distance. The nearby transportation links, however, are not immediately at the doorstep and require some travel. The internal condition displays a blend of newer, recently modernised elements such as the kitchen and bathroom, combined with aspects that could benefit from some cosmetic updates or further work (such as flooring in some rooms). A small enclosed rear garden adds to its appeal, but the size might not suit larger households. The price falls within the range of similar properties in the area; hence it is neither exceptionally overvalued nor undervalued. The property’s current tenanted status, achieving a rental income of £450 per month, could be attractive to buy-to-let investors seeking a relatively low-risk investment opportunity. Overall, the property is suitable for first-time buyers, investors, or smaller families looking for a reasonably priced property in a convenient location. Further inspection is strongly recommended to fully assess the property’s condition and potential repair requirements.

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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