The list price is positioned for a development opportunity rather than the existing structure. While nearby terraced houses have a range of price points, the potential for developing multiple units has a significant effect on value. However, the risk associated with planning permission and construction costs needs to be carefully weighed against the potential return. Given these factors, the price seems reasonable for the redevelopment opportunity but high considering the current condition of the existing building.

The property images show a building in need of significant repair and renovation. The interior appears cluttered and requires a complete overhaul. While the brickwork appears structurally sound, it’s in poor cosmetic condition requiring extensive work before it could be habitable.

Crawcrook benefits from a village atmosphere with local amenities. The proximity to well-regarded schools like Emmaville Primary School (Outstanding Ofsted rating) and Greenside Primary School (Outstanding Ofsted rating) is a significant advantage for families. Train links to other areas are also available but are not within easy walking distance. While convenient, the location isn’t exceptional for city access or amenities.

The property includes a small, overgrown yard, which presents potential but is currently unkempt and not particularly desirable. The additional land included in the development opportunity increases the overall plot size, but this is dependent on planning permissions. This accounts for the higher score.