Dowen says ..

Property Oracle says ..

The property is a two-bedroom terraced house located in Belmont, Durham. The list price is £140,000.

Considering the provided images, the property appears to be in good condition. The interior has been recently decorated and updated, with modern fixtures and fittings in the kitchen and bathroom. There is a functional fireplace in the living room. While the property shows signs of modernisation, it retains some traditional features. The exterior is also in good condition, with well-maintained brickwork.

The property has a small yard area, which is not extensive, but provides some outdoor space. This is reflected in the plot size of 0.00 sqft.

The location in Belmont, Durham, is reasonably good. It is within proximity to several primary schools with good Ofsted ratings (Belmont Cheveley Park Primary School and Belmont Cofe (Controlled) Primary School), and Belmont Community School. Transportation links, including train stations in Durham and Chester-le-Street, are also within a reasonable distance.

Compared to the average price per sqft in the area (£432), and considering the average house price of £442,613, the list price of £140,000 for this 871 sqft property seems significantly lower. This could be due to several factors, including the smaller plot size, the property type (terraced), and the fact that the property is smaller than the average size in the area. However, given the property’s apparent good condition and convenient location, the price could be considered reasonable, particularly for first-time buyers or investors. Nearby comparable properties on Broomside Lane support this lower price point.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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