The list price of £40,000 seems reasonably priced considering the property’s condition and size, but the lack of information on the actual square footage makes it difficult to pinpoint the price per square foot accurately for comparison. The current condition requires substantial renovation costs which should be factored into the overall cost. While the low price is attractive, the necessary work pushes the total investment to a level more in line with comparable properties in the area, even if it still represents an attractive entry-level investment.

Based on the provided photographs, the property is in need of significant renovation. The interior shows considerable wear and tear, with outdated fixtures, damaged flooring, and walls requiring repairs. While the exterior appears structurally sound, it needs cosmetic updates. This level of disrepair necessitates a substantial investment before the property becomes habitable.

The property is situated in Trimdon Village, County Durham. While the village itself offers a reasonable level of amenities, its proximity to larger towns and cities is limited. The presence of several primary schools within a reasonable distance is positive for families, but overall, the location’s appeal is somewhat average due to the lack of significant attractions or major transportation links. The nearby streets show a range of property values, suggesting some variability in desirability within the immediate area.

The property has a small rear garden, which is not exceptionally large or well-maintained. The garden space is somewhat limited and requires significant work to improve its appearance and usability.