Collier Estates says ..

Property Oracle says ..

This four-bedroom terraced house located on Tankerville Street, Hartlepool, TS26 8EY, presents a mixed bag of opportunities and challenges for potential buyers. The property is situated in a location with convenient access to local schools such as Lynnfield Primary School and Eldon Grove Academy, and Hartlepool Train Station is within a reasonable distance. However, this specific location is in a less affluent area of Hartlepool with the surrounding area showing a mix of property values. The provided photos clearly indicate the house requires extensive renovation. Walls need repainting, floors and carpets are dated and worn, and there’s a noticeable lack of modern fixtures and fittings. Notably, the bathroom is in poor condition, with the bathtub appearing to be damaged, and the kitchen shows its age. The lack of a garden is a further drawback for some buyers. The list price of £65,000 is competitive compared to other terraced houses in the immediate area, especially when considering the property is being sold via a Secure Sale online bidding platform. This could lead to potentially lower transaction costs for buyers. However, potential buyers should factor in the substantial costs associated with renovation to make it a habitable residence. Overall, this property would be more suitable for buyers who are experienced in property renovations or investors seeking a project to improve and resell or rent. The lack of precise square footage data prevents a truly accurate assessment of the property’s value per square foot.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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