Belle Vue Estates says ..

Property Oracle says ..

This two-bedroom terraced house in Felling, Gateshead, presents a mixed picture. Its location is a positive aspect, offering convenient access to public transport (Felling Metro) and several well-regarded primary schools within walking distance. The property benefits from a small enclosed rear yard. However, the property’s condition requires considerable investment. The interior is dated and requires full renovation; the flooring and fixtures are worn, needing replacement and updating. The kitchen and bathroom are particularly outdated. While the list price of £70,000 reflects this need for renovation and aligns with other similarly sized properties on the same street and nearby, potential buyers should factor in substantial refurbishment costs. The absence of precise square footage data for comparable sales hampers a thorough price per square foot analysis, but based on the available data the price appears reasonable in the current market. The overall impression is one of a property with good location fundamentals and future potential but demanding significant initial investment to reach its full value. This makes it potentially attractive to investors or those comfortable with significant DIY and refurbishment projects.

Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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