YOUR MOVE Chris Stonock says ..

Property Oracle says ..

This property is a 2-bedroom flat located in Gateshead, Tyne and Wear. The list price is £75,000, significantly below the average price of £159,813 for the area. While the average price per square foot is £231, this property’s price per square foot is lower given its size of 780 sqft. The property appears to be in good condition based on the provided images. It benefits from its proximity to several schools, including Bede Community Primary School and St Wilfrid’s Roman Catholic Voluntary Aided Primary School, both rated as “Good” by Ofsted. Transportation links are also relatively close, with several train stations within a reasonable distance. However, the lack of plot size is a notable drawback. Nearby properties show a range of prices, some considerably higher, suggesting that this property may be undervalued, especially considering its condition and location. Further investigation into the specific condition and any potential hidden issues would be beneficial.

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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