Rook Matthews Sayer says ..

Property Oracle says ..

This 2-bedroom property in West Jesmond, Newcastle upon Tyne, presents a mixed bag. Its location is a significant advantage; West Jesmond is a popular area renowned for its family-friendly atmosphere, excellent schools, and relatively easy access to Newcastle city centre. The proximity to high-performing schools like West Jesmond Primary School is particularly attractive. Transport links also appear to be convenient, although specific details are limited.

However, the property’s condition needs significant work. The photographs reveal outdated fixtures and fittings, requiring substantial renovation and modernising. The kitchen and bathroom are particularly dated and show evidence of wear and tear. Potential buyers must factor in considerable costs to upgrade these areas. The small paved yard provides limited outdoor space.

Considering the required renovations, the asking price of £155,000 might represent a relatively fair price for the location, though further research into comparable properties that have already been renovated, or to determine the cost of the renovations are crucial. For a buyer willing to undertake a renovation project, this property offers the potential for significant returns in the long term, given its location’s desirability. However, the extent of the work needed shouldn’t be underestimated. A thorough survey before purchase is highly recommended to assess the full extent of the repairs and costs involved.

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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