Rook Matthews Sayer says ..

Property Oracle says ..

This three-bedroom property located on Fairfield Road in West Jesmond, Newcastle upon Tyne, presents an interesting proposition. The location is a key strength; West Jesmond enjoys a reputation for its highly-rated schools and convenient access to transportation. The proximity to West Jesmond Primary School (rated Outstanding by Ofsted) makes this location particularly appealing to families. The property itself, however, appears to be in need of some modernisation. While functional, both the kitchen and bathroom show signs of wear and tear, requiring updates to enhance the overall condition. There is no mention of outdoor space, a typical feature for urban properties in this area. The list price of £260,000 requires further analysis in relation to local comparable properties’ prices per square foot; however, the existing rental income could justify this price for the right investor seeking a rental property. Overall, this property offers a good location, but buyers must weigh the necessary improvements against the list price.

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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