Pat Robson says ..

Property Oracle says ..

This four-bedroom maisonette in Jesmond, Newcastle upon Tyne is presented as an investment opportunity. Its location in North Jesmond is a strong selling point, given the area’s reputation for quality schools and proximity to amenities. West Jesmond Primary School, rated ‘Outstanding’ by Ofsted, is particularly close by. Transport links to Newcastle City Centre are also convenient. The interior is clean and well-maintained, though it exhibits a slightly dated aesthetic. Modernization of certain fixtures could enhance its market value. The property itself appears reasonably spacious, though the provided square footage may not completely reflect the usable living space. The small, enclosed rear yard provides limited outdoor space. The list price needs to be viewed in relation to comparable properties in the area. Whilst some properties on Mayfair Road have achieved higher prices, the average price per square foot of similar terraced properties in the area is not provided and thus comparative value assessment is limited. The property is currently let until August 2025, which may be a desirable factor for investors, while also presenting some limitations on access for potential buyers. Overall, this is a decent property in a highly sought-after location, suitable for both owner-occupiers and investors, though some potential buyers may want to factor in the costs of modernization.

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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