10Homes says ..

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom flat listed at £35,000. The images show a modern flat in seemingly good condition. The kitchen and bathrooms appear clean and well-maintained. The living area is spacious with floor-to-ceiling windows offering good natural light. While the square footage isnt provided, the available images suggest a reasonably sized flat for the price point. The location in Sunderland city centre offers proximity to Sunderland train station (0.41km), providing convenient access to public transport. Several schools are within a reasonable distance, including Dame Dorothy Primary School (rated ‘Good’ by Ofsted) and Hudson Road Primary School (also rated ‘Good’). The areas average house price is significantly higher (£494,694) than the listed price of this flat, suggesting it could be undervalued, especially considering its modern condition and central location. However, the lack of plot size information prevents a complete assessment of the land aspect. Nearby comparable properties range from £25,000 to £70,000 for flats, indicating that £35,000 could be a competitive price, particularly given the apparent modern condition of the property. The average price per square foot in the area is £378, but without the property’s square footage, a precise price-per-square-foot comparison cannot be made. In summary, this flat appears to be a relatively good value property in a convenient location, provided the size is commensurate with the price. The lack of square footage data prevents a definitive conclusion on price per square foot and overall value. Further investigation into the property’s size and any potential hidden issues would be beneficial.

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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