Davis & Sons says ..

Property Oracle says ..

The property is a two-bedroom terraced house located on Jones Street in Stow Hill, Newport, with a list price of £145,000. The area has an average house price of £400,449 and an average price per square foot of £354. However, the provided listing does not specify the square footage of the property or the plot. The property benefits from a garden, which appears to be well-established, though some areas of the patio are in need of repair. Its proximity to Newport (South Wales) train station (0.46km) is a positive attribute, offering convenient access to public transportation. Several primary schools are also within a reasonable distance, including St Woolos Primary School (0.23km). Based on the images, the property’s interior shows its age. The kitchen and bathroom appear dated and could benefit from modernization. The décor throughout is also somewhat dated. While the property seems structurally sound, it would likely require some updating and cosmetic improvements to meet modern standards. The overall condition is fair, but not excellent. Considering the average house price in the area is significantly higher than the list price of this property, the price may initially seem attractive. However, the lack of information regarding square footage and plot size makes it difficult to definitively assess the value. The need for modernization and potential renovation costs should be factored into any purchase decision. Comparable properties on Jones Street have sold for between £95,000 and £150,000, providing some context for the list price. However, without knowing the square footage of the subject property, a precise comparison is not possible.

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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