Rook Matthews Sayer says ..

Property Oracle says ..

This ground floor flat is located on Edgefield Avenue in Kenton, Newcastle Upon Tyne. The property benefits from being close to local schools such as Mountfield Primary School (0.78km) and North Fawdon Primary School (0.83km), both rated as ‘Good’ by Ofsted. Transport links are also relatively convenient, with several train stations within a reasonable distance.

The property itself is a two-bedroom, one-bathroom flat. Based on the provided images, the property appears to be in need of significant renovation. There is evidence of damp and general wear and tear throughout. The kitchen and bathroom are dated and would require updating. The lack of information regarding square footage and plot size makes a comprehensive evaluation challenging.

Considering the average house price in the area is £461,500 and the average price per square foot is £423, the listed price of £90,000 appears significantly lower. However, this is likely due to the property’s condition and the fact that it is a ground floor flat. The lower price may appeal to investors or buyers looking for a renovation project, but it’s crucial to factor in the substantial costs associated with bringing the property up to a habitable standard. Nearby comparable properties range from £47,500 to £85,000, suggesting the listing price falls within the expected range for properties in similar condition in the area.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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