Andrew Craig says ..

Property Oracle says ..

This three-bedroom semi-detached property located on Lumley Terrace in Jarrow, South Tyneside presents a mixed bag of features. The location is a definite asset, with its close proximity to highly-rated primary schools and a secondary school with a ‘good’ Ofsted rating. This makes the property suitable for families seeking educational advantages. While a train station is 7.76km away, the presence of other local amenities should be factored in.

However, the condition of the property is less impressive. The photographs indicate a need for modernisation and potential repairs or refurbishment. The decor and some of the bathroom fixtures appear dated and may need attention. The kitchen while functional, will benefit from updating. This necessitates considering potential renovation costs before purchase.

The property boasts a garden which adds value, but the available pictures indicate that it is relatively small and requires landscaping. Overall, the price of £155,000 seems reasonable based on comparable properties in the neighbourhood but prospective buyers will need to account for the renovation costs in their assessments. The property holds potential, but needs investment to fully realise its value. Buyers should be prepared for updating, modernising and potentially undertaking some repairs. A thorough survey is highly recommended prior to any commitment.

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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