Sarah Mains Residential Sales and Lettings says ..

Property Oracle says ..

The property is a 2-bedroom apartment located on Fern Dene Road in Gateshead, Tyne and Wear. The list price is £85,000. The property appears to be in generally good condition, although some minor cosmetic repairs may be needed. The kitchen and bathroom appear recently updated, while other areas show signs of wear and tear that are typical for a property of this age and price range. There is a small, enclosed rear yard. The location is good, with several primary schools within a short distance, including Kelvin Grove Community Primary School (rated ‘Good’ by Ofsted) and Brighton Avenue Primary School (rated ‘Outstanding’). Several train stations are also within reasonable commuting distance, providing access to Newcastle and other areas. The average house price in the area is significantly higher than the list price of this property, suggesting it could represent good value. However, the lack of square footage data prevents a precise price per square foot comparison. The nearby properties for sale have a wide range of prices, reflecting the diversity of properties in the area. Given the condition, location, and the relatively low list price compared to area averages (where data is available), the property seems reasonably priced, especially considering the need for some minor repairs. The lack of precise square footage data limits the ability to make a definitive statement on value.

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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