Jan Forster Estates says ..

Property Oracle says ..

Tynemouth is a popular coastal town in Tyne and Wear, known for its beautiful beaches, vibrant atmosphere, and proximity to amenities. The property’s location on Percy Gardens places it within easy reach of local shops, restaurants, and recreational areas. The presence of several well-regarded schools nearby adds to the location’s appeal for families. However, specific information regarding transportation links is lacking, which could impact the overall location score. Based on the provided images, the property appears to be in reasonable condition, although some areas may require minor updating or cosmetic improvements. The kitchen and bathroom fixtures, in particular, show signs of age. While the property is structurally sound, a fresh coat of paint and some minor renovations could enhance its overall appeal and functionality. There is evidence of some wear and tear throughout the property, which may affect the condition score. The property is a ground floor flat, and there is no mention of a garden or outdoor space. The lack of a garden is a significant factor to consider when assessing the land score, especially in comparison to other properties in the area that may offer more outdoor space. Considering the list price of £250,000, the average price of properties in the area (£525,346), and the average price per square foot (£302), the property appears to be priced competitively. The smaller size of the flat (600 sqft) compared to the average in the area (1,735 sqft) justifies the lower price point. However, the condition of the property and the absence of a garden may influence the perceived value, potentially affecting the price score. Nearby comparable properties, such as 7 Priory Court, which sold for £243,500, provide further context for the pricing.

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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