Sarah Mains Residential Sales and Lettings says ..

Property Oracle says ..

The property is located on Wellington Street in Felling, Gateshead. The area benefits from relatively close proximity to several primary schools, including Brandling Primary School (rated Outstanding by Ofsted) and Falla Park Community Primary School (rated Good). Heworth train station is also within a reasonable distance, offering convenient access to public transportation. While the average house price in the area is significantly higher at £275,146, several comparable properties on Wellington Street and nearby streets have sold for prices closer to the listing price of £95,000. This suggests that the location, while not in a particularly affluent area, is still relatively accessible and convenient.

Based on the provided images, the property appears to be in fair condition. The kitchen and bathroom show some signs of modernisation, while other areas, such as the living room and some bedrooms, exhibit dated decor and require some updating. While there is no significant visible damage, the overall impression is that some cosmetic improvements and potentially minor repairs would enhance the property’s presentation. The property also benefits from a relatively small garden.

Considering the listing price of £95,000, the average house price in the area (£275,146) and the average price per square foot (£234), it’s difficult to assess the value without knowing the square footage of the property. However, given the comparable properties in the area that have sold for similar prices, the listing price seems reasonable, especially considering that it requires some modernisation. The property appears to be a good investment opportunity for someone looking for a project to renovate and potentially increase 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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