Sell Your Tenanted Property says ..

Property Oracle says ..

The property is a two-bedroom terraced house located on Lansbury Drive in Lamesley, Gateshead. The list price is £89,000. The property has a small garden. Based on the provided images, the property appears to be in generally fair condition. While there is evidence of some minor cosmetic issues, such as some patching required on the walls in the bedrooms, the overall condition is acceptable for a property of this age and price range. The kitchen and bathroom appear functional but could benefit from some modernisation. The location is reasonably good, with several schools within a short distance. Transportation links are also relatively accessible, with several train stations located within a reasonable distance. The presence of nearby schools and transportation options is a positive aspect for potential buyers. However, the exact desirability of the location would depend on individual buyer preferences. The property’s plot size is small, offering a limited garden area. Whilst the garden is present, its size and current condition (as seen in the provided images) would likely be considered a drawback by many potential buyers. The lack of significant land is a factor to consider in the overall assessment. Considering the list price of £89,000, and comparing it to similar properties in the area, the price seems relatively reasonable. While some nearby properties have sold for slightly higher prices, others have sold for less, suggesting that the listed price is within the market range for comparable properties in the area. However, the lack of square footage information for comparable properties makes a definitive price-per-square-foot comparison impossible. The property’s condition and small garden size might influence buyers’ willingness to pay the asking price.

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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