Bailey & Co. says ..

Property Oracle says ..

This property is a 2 bedroom flat located on Grosvenor Road in Jesmond, Newcastle upon Tyne. The area benefits from its proximity to excellent schools such as West Jesmond Primary School (rated Outstanding by Ofsted) and Jesmond Park Academy, both within a short distance. Jesmond is a highly desirable residential area known for its attractive Victorian and Edwardian architecture, and this property reflects that style. Transport links are also good, with several train stations within a reasonable distance. The flat itself appears to have been recently renovated to a high standard, with a modern and stylish interior. The images show a contemporary kitchen and bathroom, and the living areas are well-presented. While the plot size is small, there is a small yard area and access to a garage. The list price of £170,000 is significantly below the average price for the area (£488,327), and even when considering the smaller size (588.79 sqft compared to the average of 1,346 sqft), it appears to be competitively priced. However, it is important to note that the average price per sqft in the area is £362.00, and this property is priced considerably lower than that, suggesting it may be undervalued or that there are factors not immediately apparent from the listing that may affect value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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