Signature says ..

Property Oracle says ..

This maisonette is located in the desirable coastal town of Tynemouth, North Tyneside. The property is in need of significant renovation, as evidenced by the images provided. The kitchen and bathroom appear outdated and require modernisation. The interior decor is dated and the property shows signs of wear and tear. While the location is excellent, being close to good schools like Kings Priory School (0.48km) and the beautiful Tynemouth coastline, the condition of the property significantly impacts its overall value. The lack of plot size information prevents a comprehensive assessment of the land aspect. Considering the average house price in the area is £525,346 and the average price per sqft is £302, the listed price of £450,000 may seem reasonable if the buyer is willing to undertake extensive renovations. However, the condition of the property significantly affects its value and requires a substantial investment. Nearby comparable properties range from £225,000 to £799,950, reflecting the wide range of property types and conditions in the area. The lack of sqft information for the subject property makes a direct price comparison challenging.

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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