McCarthy & Stone - North East says ..

Property Oracle says ..

This property is a retirement property located in Gosforth, Newcastle Upon Tyne. The location benefits from being close to several schools, including Gosforth Central Middle School and Gosforth East Middle School, both rated as “Good” by Ofsted. Transportation links are also convenient, with several train stations within a reasonable distance. The property itself is a modern apartment, appearing to be in excellent condition based on the provided images. It is a one-bedroom apartment with a modern kitchen and bathroom. While the plot size is relatively small, the apartment itself offers a comfortable living space. The list price of £122,500 is significantly lower than the average house price in the area (£302,407), and considerably lower than nearby comparable properties. However, it is important to note that this is a retirement property, and the smaller size and lack of outdoor space may account for the lower price. Compared to the average price per sqft in the area (£271), this property appears to be priced competitively, given its condition and location.

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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