DEAN & CO ESTATES LIMITED says ..

Property Oracle says ..

This property listing presents a portfolio of apartments in a high rise building located on Sandyford Road, Jesmond, Newcastle upon Tyne. Jesmond is a well-regarded area, known for its affluent residential character and proximity to reputable schools and transport links. The listing price is substantial at £2,500,000. The image suggests a large multi-unit residential building, which might require maintenance or renovations. The absence of key details, including the total square footage of the entire building, and the individual sizes and rental values of the units in the portfolio, makes comprehensive valuation challenging. Further due diligence is strongly recommended including a full survey, rental analysis, and investigation of the local market to assess the value and potential returns for this significant investment. The quality of the provided image makes it difficult to accurately assess the general condition of the building. More information is needed to determine whether this asking price represents good value. Investors should approach this deal with caution and conduct thorough research before committing to a purchase. It is important to obtain professional advice from a surveyor and an accountant to evaluate the overall financial feasibility of this multi-unit investment property. This would allow for an accurate evaluation of the current condition of the building and a better understanding of the ongoing maintenance costs that will need to be factored in.

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

Images