YOUR MOVE Chris Stonock says ..

Property Oracle says ..

The property is a 3-bedroom flat located in Wingrove, Newcastle upon Tyne. The list price is £115,000. Considering the average price of properties in the area is £256,923, and the average price per square foot is £317, this property is significantly below average. The property has 936.24 sqft, which, at the average price per sqft, would suggest a value closer to £297,000. However, the condition of the property needs to be considered. Based on the images provided, the property appears to be in generally good condition, although some minor cosmetic improvements could enhance its appeal. There is evidence of some wear and tear, particularly in some of the bedrooms, but nothing that would be considered major structural damage. The kitchen and bathroom appear functional and relatively modern. The property benefits from a traditional style, which could be appealing to some buyers. The property does not appear to have any outdoor space; therefore, the land score will be low. The location is within reasonable proximity to several schools, including Wingrove Primary School (rated ‘Good’ by Ofsted) and Sacred Heart Catholic High School (rated ‘Outstanding’). Public transport links are also relatively close by. This suggests a reasonably convenient location. The price of £115,000 for a 3-bedroom flat in this location appears to be quite low, potentially reflecting the lack of outdoor space. However, the relatively good condition of the property and its proximity to amenities could make it attractive to buyers, particularly those seeking a more affordable option in a desirable area.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images