Purplebricks says ..

Property Oracle says ..

The property is a 4-bedroom, 1-bathroom terraced house located on Ormonde Street in Sunderland, Tyne and Wear. It has a plot size of 1,334.72 sqft and a total area of 1,313.20 sqft. The list price is £110,000.

The property is in need of significant renovation. The interior photos show outdated and worn fixtures, carpets, and wallpaper throughout. The kitchen and bathrooms require complete modernisation. There is also evidence of damp and potential structural issues in some areas. This suggests a considerable amount of work is needed to bring the property up to a modern standard.

The location appears to be reasonably convenient. Barnes Infant Academy and Barnes Junior School are both within a short distance, making it potentially attractive to families. Sunderland train station is approximately 3km away, offering access to public transport. However, further information on the immediate neighbourhood and local amenities would be needed to provide a more comprehensive assessment of the location.

The property benefits from a small rear yard/garden area, although the condition of this area is not clear from the provided images. The size is relatively small compared to the house size.

Considering the property’s condition, the list price of £110,000 appears to reflect the need for substantial renovation. While the average price per sqft in the area is £729, this figure is likely skewed by properties in better condition. Given the extensive work required, the asking price may be considered reasonable, but a thorough survey is recommended to assess the full extent of the necessary repairs and their associated costs. The local market shows a range of prices for similar properties, some significantly higher, suggesting that the price could be considered competitive for a buyer willing to undertake a full renovation project.

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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