Robinsons says ..

Property Oracle says ..

The property is a 2 bedroom apartment located on Old Dryburn Way in Durham. The apartment is well presented and appears to be in good condition. The kitchen and bathroom are modern and well-maintained. The living area is spacious and benefits from a fireplace and access to a balcony. There is also a small amount of outdoor space.

The location is convenient, with good access to local amenities, schools and transport links. Durham city centre is within easy reach. Several highly-rated schools are within a short distance, making this an ideal location for families. The proximity to Durham railway station provides convenient access to other parts of the UK.

While the property itself is in good condition, the plot size is minimal. The list price of £175,000 seems reasonable considering the average price per square foot in the area is £370. However, it is important to note that the average property price in the area is significantly higher (£454,228), and the average property size is also larger (1,226 sqft). The smaller size of this apartment and lack of significant land may affect its value compared to larger properties in the area. Nearby comparable properties range in price from £97,500 to £287,500, with some properties being significantly larger.

Considering the factors mentioned above, the property is a good option for first-time buyers or investors looking for a well-maintained apartment in a convenient location. The lack of land and smaller size compared to the average property in the area are factors to consider.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images