Sarah Mains Residential Sales and Lettings says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located in Kings Terrace, Springwell Village, Sunderland. Springwell Village benefits from being relatively close to local amenities and transport links. The nearby Springwell Village Primary School is a significant positive for families. However, the average house price in the area is considerably higher than the list price of this property, suggesting a potential undervaluation. The property appears to be in good condition based on the provided images. The interior is presented well, with modern fixtures and fittings. There is no obvious evidence of significant repair or renovation needs. The property also benefits from a relatively small, but well-maintained rear garden. Given the property’s condition, the seemingly good location, and the inclusion of a garden, the list price of £110,000 appears to be significantly below the average price for the area. However, without knowing the square footage of the property, a definitive conclusion on value for money cannot be reached. The average price per square foot in the area is £240, but this is not directly comparable without the property’s square footage. The lower list price may reflect the smaller size of the property compared to other homes in the area, or it could indicate a good opportunity for buyers. Further investigation into the property’s size and specific features would be needed to confirm the price’s reasonableness.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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