Swift Moves says ..

Property Oracle says ..

This two-bedroom flat in Warkworth Close, Washington, Tyne and Wear is listed at £63,000. The property is presented as being tenant-occupied with a monthly rental income of £525, potentially making it attractive for buy-to-let investors. The photos show a reasonably clean and maintained interior, with a recently updated or refurbished kitchen. The bathroom also appears well-maintained. The flat itself is a typical example of its kind, without any outstanding features. The location in Oxclose benefits from its relative proximity to several schools rated ‘Good’ or ‘Outstanding’ by Ofsted, which is a positive factor for families. Additionally, train stations are within reach, providing convenient access to other locations. The absence of outdoor space is a noticeable limitation, and the lack of detailed information regarding local amenities prevents a more complete assessment of the property’s desirability. Overall, the property seems to offer a functional and affordable living space or rental investment opportunity within a convenient but unexceptional location. The price seems reasonable based on comparable local listings, particularly taking into account its rental yield. However, more information regarding the size of the property (square footage) and comparison data on nearby properties would provide a more robust analysis.

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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