Hive Estates says ..

Property Oracle says ..

This property is a 2 bedroom flat located on Spencer Street in Heaton, Newcastle Upon Tyne. It has a list price of £150,000 and is 729.07 sqft in size with a plot size of 768.54 sqft. The property benefits from being in a convenient location with several primary schools within a kilometre, including Chillingham Road Primary School and Ravenswood Primary School, both rated ‘Good’ by Ofsted. Public transport links are also relatively close, with Manors train station approximately 3.51km away. Based on the provided images, the property appears to be in generally good condition, although some modernisation may be desirable to increase its overall appeal and value. The decor is dated in places, but the structure seems sound. The kitchen and bathroom are functional but could benefit from updating. The property includes a small, enclosed rear garden, which is a positive feature. Considering the average house price in the area is £276,725 and the average price per sqft is £331, the list price of £150,000 for this 729.07 sqft flat appears to be at the lower end of the market. However, this is likely influenced by the need for some modernisation. Nearby comparable properties on Spencer Street range from £74,000 to £265,000, reflecting the variability in condition and size. The presence of a garden is a positive aspect that could justify a slightly higher price compared to similar flats without this feature.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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