Michael Hodgson says ..

Property Oracle says ..

This one-bedroom, one-bathroom apartment in Sunderland is listed at £39,900. Situated within the Plane Tree Court retirement development, it offers a convenient location near several schools including Portland Academy (Good Ofsted rating) and Benedict Biscop Church of England Academy. Sunderland city centre is within reasonable commuting distance. The property is described as being available with No Onward Chain, suggesting a quicker completion process.

The apartment’s interior is presented as dated, requiring modernisation. The kitchen, in particular, appears outdated and basic. The bathroom also seems to need updating. The lack of outdoor space is a notable drawback. There is little to no garden or private land. The overall condition is average, requiring some renovation investment from the future owner.

Comparatively, nearby properties on Plane Tree Court have varied sale prices. This reflects the shared ownership model which impacts market value. Nearby streets showcase more expensive properties and higher average prices, particularly suggesting that values increase significantly as you move away from the immediate vicinity of the apartment. The lack of precise square footage data for comparable properties makes a precise evaluation of value difficult, but the listed price appears competitive within this niche market and considering its condition and lack of land. This property presents an opportunity for a buyer seeking an affordable property near amenities, acknowledging that significant modernisation may be required.

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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