HM Residential says ..

Property Oracle says ..

The property is a 2 bedroom ground floor flat located on Kingsley Terrace in Elswick, Newcastle Upon Tyne. The property is conveniently located near several schools, including Bahr Academy (Good Ofsted rating), Westgate Hill Primary Academy (Outstanding Ofsted rating), and Hawthorn Primary School (Good Ofsted rating), all within a 0.5km radius. Public transportation links are also readily available, with Newcastle train station approximately 2.45km away.

Based on the provided images, the property appears to be in good condition and has recently undergone modernisation. The interior is presented in a clean, neutral style. There is no evidence of significant repairs or renovations needed. The kitchen and bathroom appear modern and well-maintained.

The property does not appear to have a garden or any significant outdoor space. The plot size is listed as 0.00 sqft.

Considering the list price of £75,000, the average price of properties in the area (£461,500), and the average price per sqft (£423.00), the property seems to be significantly underpriced. However, it’s important to note that the average price and price per sqft may not be directly comparable due to differences in property type and size. The property’s size (706.22 sqft) is considerably smaller than the area average (1,089 sqft). Several nearby properties of similar type (flats) have sold for prices ranging from £68,000 to £115,000, suggesting that the list price is at the lower end of the market value for this type of property in this location, but still reasonable.

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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