Sarah Mains Residential Sales and Lettings says ..

Property Oracle says ..

The property is located in a convenient location close to local schools such as North Durham Academy (0.43km) and Shield Row Primary School (0.90km). The Metrocentre is also relatively close by (9.84km), providing access to shopping and transport links. However, the provided data does not give enough information to fully assess the quality of the location. Based on the provided images, the property appears to be in generally fair condition, although some cosmetic updates and repairs would likely improve its overall appeal. The flooring, particularly the wooden floors, shows signs of wear and tear. The walls and some fixtures also show signs of age. A more thorough inspection would be needed to determine the extent of any necessary repairs. The property includes a small yard, which provides some outdoor space, but it is not extensive. The yard appears to be mainly paved and requires some maintenance. Given the list price of £55,000 and the average price per sqft of £284.00 in the area, the property appears to be priced competitively, especially when considering the condition and size of comparable properties in the area. However, the lack of sqft information for this property makes a precise comparison difficult. The average house price in the area is considerably higher (£316,173), suggesting this property may be undervalued, especially if it needs significant renovations. Nearby comparable properties on Simpson Street range from £38,000 to £65,000, suggesting the listing price is within the range of similar properties. Further investigation into the property’s precise square footage would help refine this assessment.

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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