Auction House says ..

Property Oracle says ..

The property is a two-bedroom mid-terrace house located on Ninth Street in Horden, County Durham. The list price is £15,000. Nearby properties have sold for significantly more, with averages around £48,365. The average price per sqft in the area is £59.00, however, the square footage of the subject property is not provided.

Based on the provided photographs, the property appears to be in fair condition. While the exterior shows signs of age, there is no immediately visible major damage. However, a full inspection would be necessary to determine the extent of any necessary repairs or renovations. The property benefits from a small yard at the rear.

The location is in Horden, County Durham. While proximity to schools like Cotsford Primary School (rated ‘Good’) and Dene Academy is positive, more information is needed to fully assess the desirability of the location. The distance to Seaham by train is also noted.

Given the low list price compared to other properties in the area, and considering the apparent condition and the small yard, the price may represent good value for money, especially for an investor or someone willing to undertake renovations. However, the lack of key details such as square footage makes a definitive judgment on value difficult. Further investigation into the property’s condition and potential renovation costs is recommended.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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