Andrew Craig says ..
SELF CONTAINED GROUND FLOOR FLAT WITH OUTSIDE SPACE AND ALLOCATED PARKING. 65 years remaining on the lease, this property is suitable for cash buyers only. With vacant possession and requiring updating wor...
Property Oracle says ..
This three-bedroom maisonette at Cartington Court, Fawdon, Newcastle upon Tyne, presents a compelling case study in the complexities of property valuation. Located in a generally desirable area with access to schools, amenities and transport links, its potential is undeniable. However, the property’s current condition significantly impacts its appeal.
The photographs reveal a property requiring substantial renovations, from flooring and stair repairs to addressing water damage. The kitchen and bathroom are particularly dated and necessitate modernisation. While the location provides a solid foundation, the substantial renovation needs mean that any buyer would need to factor in potentially significant upfront costs.
The absence of square footage data and the variance in pricing among comparable properties in the vicinity make a definitive price evaluation challenging. The low listing price may initially suggest value for money; however, the considerable renovation cost could easily negate this perceived benefit.
Ultimately, this property is suited to a buyer with renovation experience, or a significant budget for professional refurbishment, who values the potential offered by a property in a sought-after 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. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 1
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 193,425.00 £Decreased by 28.79 %
- Average area rental value
- 886.00 £/moDecreased by 19.23 %
- Est rental Yield
- 5.50 %Increased by 13.40 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Andrew Craig created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| North Fawdon Primary School | Academy Converter | Good | 0.88 KM |
| Sure Start Gosforth & Parklands Children'S Centre | Children's Centre Linked Site | 1.05 KM | |
| Sure Start North Moor And Northern Villages Children'S Centre | Children's Centre Linked Site | 1.05 KM | |
| Mountfield Primary School | Academy Converter | Good | 1.13 KM |
| Kenton School | Academy Converter | Requires improvement | 1.22 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Warrington Road | £ 290,000 | 0 | 0.00 KM |
| Banbury Road | £ 157,000 | 0 | 0.00 KM |
| Sherringham Avenue | £ 0 | 0 | 0.00 KM |
| Park Avenue | £ 185,000 | 0 | 0.00 KM |
| Rowan Drive | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Metrocentre | 7725 | MCE | 6.39 KM |
| Newcastle | 7728 | NCL | 6.71 KM |
| Manors | 7603 | MAS | 7.33 KM |
| Dunston | 7744 | DOT | 7.41 KM |
| Blaydon | 7503 | BLO | 8.38 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Cartington Court, Newcastle upon Tyne | £ 40,000 | BUY | 5 / 10 | 0.01 KM |
| 11 Alnham Court, Newcastle upon Tyne, Tyne and Wear, NE3 2JT | £ 45,000 | BUY | 5 / 10 | 0.08 KM |
| 11 Alnham Court, Newcastle upon Tyne, Tyne and Wear, NE3 2JT | £ 39,000 | BUY | 4 / 10 | 0.08 KM |
| Alnham Court, Newcastle Upon Tyne | £ 45,000 | BUY | 5 / 10 | 0.08 KM |
| Alnham Court, Newcastle upon Tyne, Tyne and Wear, NE3 | £ 50,000 | BUY | Unknown | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 Cartington Court | £ 28,000 | 0.00 KM |
| 1 Cartington Court | £ 72,500 | 0.00 KM |
| 5 Cartington Court | £ 65,500 | 0.00 KM |
| 20 Cartington Court | £ 55,000 | 0.01 KM |
| 4 Cartington Court | £ 70,000 | 0.01 KM |