Davies Auctions says ..

Property Oracle says ..

This two-bedroom terraced house in South Bank, Middlesbrough, is listed at a remarkably low price of £8,000. The property’s location offers some advantages, with relatively close proximity to schools (one rated ‘Good’) and a train station. However, the surrounding area presents a mixed picture, with nearby street average prices varying considerably. The property’s condition, as shown in the photos, is fair, showing some signs of age and potentially requiring some maintenance or cosmetic updates. The most striking feature is the exceptionally low price, which is significantly below other comparable properties in the area. This discrepancy raises concerns about potential hidden issues or complexities not revealed in the listing. Further investigation into the property’s history, structural integrity, and any potential legal or environmental concerns is strongly recommended before any purchase is considered. The lack of information regarding square footage and plot size makes a comprehensive valuation difficult. Overall, potential buyers should approach this property with caution and conduct thorough due diligence.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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