Sarah Mains Residential Sales and Lettings says ..

Property Oracle says ..

This three-bedroom terraced house located on George Street in Whickham, Gateshead, presents a mixed opportunity for buyers. The property’s location in Whickham is a strong selling point, benefiting from excellent schools, such as the Outstanding-rated Front Street Community Primary and Fellside Community Primary, and good transport links to the Metrocentre and Newcastle. The proximity to these amenities is attractive to families and commuters.

However, the property’s condition is a major concern. The photos clearly show that it requires extensive renovation. The walls need repair, floors are in poor condition, and the overall appearance suggests significant work is needed before the property is habitable. While the bathroom shows a reasonable state of repair it is also dated. The small enclosed rear yard offers limited outdoor space.

The listed price of £120,000 seems relatively in line with other comparable terraced houses on George Street, but the considerable cost of renovation and refurbishment needs careful consideration. Buyers should factor in significant extra expenses to bring the property up to a desirable standard. A thorough survey is highly recommended before purchasing. In summary, this property offers a potentially valuable investment but only for those prepared to undertake substantial refurbishment. The potential of the location is a significant attraction.

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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