next2buy says ..

Property Oracle says ..

The property is a two-bedroom ground floor flat located in Walker, Newcastle Upon Tyne. Based on the provided images, the property appears to be in need of some modernisation and cosmetic work. The walls show some signs of wear and tear, and the decor is outdated. While the flooring appears relatively new, an overall refresh would enhance the property’s appeal. The kitchen and bathroom are functional but could benefit from upgrades to improve their aesthetic appeal and potentially increase their value. The property benefits from a small rear yard.

The location is reasonably convenient, with several schools within a kilometer radius, including Sir Charles Parsons School which has an outstanding Ofsted rating. Public transport links are also relatively close by. However, the immediate surroundings appear somewhat run-down, which could impact the desirability of the property.

Considering the property’s condition, the small size of the plot, and the need for modernisation, the list price of £70,000 appears to be in line with the local market, particularly given the comparable properties listed at similar prices. However, without precise square footage data for the comparable properties, a definitive assessment of the price per square foot and its reasonableness cannot be made. The lack of information on the average price per square foot in the area makes a precise evaluation of the price 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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