Bowes Mitchell says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom terraced house located in Arthur’s Hill, Newcastle upon Tyne. It is listed at £170,000 and has a floor area of 970 sqft. The property benefits from being within a short distance of several primary schools which have received ‘Good’ or ‘Outstanding’ Ofsted ratings. Several train stations are also within reasonable commuting distance. The property appears to be in generally good condition, although some minor cosmetic improvements could be made. The kitchen appears functional but dated. The bathrooms are relatively modern. There is evidence of a small yard/garden to the rear of the property. Considering the average house price in the area is significantly higher at £461,500 and the average price per sqft is £423, the asking price of £170,000 for this property seems relatively low. However, this needs to be considered in context with the smaller size of the property and the fact that it’s a terraced house, which generally commands lower prices than detached or semi-detached properties. Further investigation into the specific condition of the property and any potential issues would be needed to determine if the price is truly reflective of its value.

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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