YOUR MOVE Chris Stonock says ..

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom semi-detached house located in Dilston Drive, Newcastle upon Tyne. The list price is £160,000. The property benefits from a good-sized rear garden with a large shed/garage. The images show a paved patio area, ideal for outdoor entertaining. The house itself appears to be in reasonable condition, although some modernisation may be desirable to enhance its appeal. The kitchen and bathrooms appear relatively well-maintained, although the style might be considered dated by some buyers. The location in Denton & Westerhope, Newcastle upon Tyne, is reasonably convenient. Nearby schools such as Studio West and Westerhope Primary School are rated as ‘Good’ by Ofsted, indicating a positive aspect for families. Several train stations are within a reasonable distance, providing access to public transportation. Considering the average house price in the area is significantly higher (£461,500) and the average price per square foot is £423, the list price of £160,000 for this 1,167.78 sqft property appears to be very low compared to the local market. However, this needs to be considered in the context of the property’s condition and plot size. While the house is habitable, potential buyers may need to factor in costs for modernisation or renovations to bring it up to contemporary standards. The lack of plot size information prevents a full assessment of the land value. Given the information available, the property offers a potentially good value proposition for a buyer willing to undertake some improvements. The relatively low price could be attractive to first-time buyers or investors seeking a project. However, prospective buyers should carefully assess the condition of the property and factor in potential renovation costs before making an offer.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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