Homewise says ..

Property Oracle says ..

This property, located on Wardley Drive in Gateshead, is a two-bedroom bungalow offered as a Home for Life Lifetime Lease. The exterior showcases brickwork and a paved front area. Inside, the interior design is dated, featuring traditional decor and furnishings, indicative of a style prevalent several decades ago. While the structure appears sound, many rooms reveal an interior in need of modernization. The kitchen and bathroom, in particular, exhibit fixtures and finishes consistent with older properties. The home does boast a conservatory providing additional living space and access to the backyard which has paved surfaces, a shed and several flowerbeds. The property’s location in Wardley offers proximity to local schools (White Mere Community Primary School being relatively close) and train stations, such as Heworth. However, detailed information about nearby amenities is limited. The list price of £110,500, although seeming competitive for a lifetime lease, requires further comparative analysis with similarly sized properties in the immediate vicinity for a conclusive valuation. Buyers should assess this price factoring in the need for potential refurbishment and updating to current standards and tastes. The limited plot size is another factor to consider. Overall, this property offers an affordable entry point to the Gateshead market in the context of a Lifetime Lease. However, potential buyers should factor in anticipated refurbishment costs.

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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