Dowen says ..

Property Oracle says ..

This three-bedroom terraced house in Sunderland is listed at £80,000. The property benefits from a garden, and is conveniently located near several schools, including Red House Academy and Northern Saints Cofe Voluntary Aided Primary School, both rated as “Good” by Ofsted. Sunderland train station is also within a reasonable distance. However, the property appears to be in need of significant modernisation, as evidenced by the dated interiors and decor shown in the photographs. The average house price in the area is considerably higher at £208,510, and the average price per square foot is £195. Given the property’s condition and the significant disparity between the list price and the average price in the area, the asking price of £80,000 may appear initially attractive, but potential buyers should carefully consider the necessary renovation costs before making an offer.

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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