McGowan Housing says ..

Property Oracle says ..

The property is a 3-bedroom, 4-bathroom terraced house located in Elswick, Newcastle Upon Tyne. The list price is £175,000. The property has a small garden. The property appears to be in reasonable condition, although some minor cosmetic improvements could enhance its presentation. The kitchen and bathrooms appear functional but could benefit from some updating. The property shows signs of wear and tear consistent with a property that has been lived in. The location is within reasonable proximity to several schools which are rated ‘Good’ or ‘Outstanding’ by Ofsted. There are also several transportation links nearby, including train stations and the Metrocentre. The immediate vicinity has a mix of property types and price points. However, the average house price in the area is significantly higher than the list price of this property. Given the property’s condition, size, location, and the relatively low list price compared to area averages, the property could represent good value for money, particularly for a first-time buyer or investor looking for a property that requires some updating. However, the lack of plot size may be a drawback for some buyers. The average price per sqft in the area is £423.00. This property is listed at £175,000 and is 906.54 sqft. This means the price per sqft is approximately £193. This is significantly lower than the average price per sqft in the area.

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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