Pattinson Estate Agents says ..

Property Oracle says ..

This property is a mid-terraced house in Benton, Newcastle upon Tyne, currently configured as a six-bedroom HMO (House of Multiple Occupancy). The location benefits from relatively close proximity to schools which are rated as ‘good’ or ‘outstanding’ by Ofsted. Several train stations are within a reasonable distance, suggesting convenient commuting options. The property itself appears to be in fair condition, based on limited photographic evidence, with the provided images offering a glimpse into some interior spaces – namely a hallway and a kitchen, suggesting it’s ready for occupation or would not require major refurbishment works. The kitchen, for example, while slightly cluttered in the photos, seems to be fitted with modern appliances. The external space is limited to a small yard. The lack of square footage information, however, makes it challenging to fully assess the value for money. The list price of £315,000 is seemingly competitive with other properties on neighbouring streets. Whilst the data makes it difficult to assess the property’s accuracy, it is reasonable to assume that further investigation would be required to determine if the current price reflects the actual market value, particularly taking into account the HMO nature of the property and the absence of crucial details such as the age and square footage. The property would certainly appeal to investors seeking rental income, but its lack of extensive outdoor space would likely limit its family appeal.

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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