Janine Hegarty Bell Limited says ..

Property Oracle says ..

This one-bedroom property located in Houghton le Spring, Tyne and Wear, is currently listed for £50,000. The property is a terraced house and appears to be in reasonable condition, although some cosmetic improvements and potential repairs may be needed. The images suggest a functional but dated interior. The kitchen and bathroom are relatively basic and may benefit from modernisation. The property includes a small rear garden space, suitable for basic outdoor use. The listing does not provide square footage, so a precise price-per-square-foot analysis is not possible. However, considering comparable properties in the area, the £50,000 asking price might be quite competitive, especially for buyers looking for a project they can renovate. A key factor influencing the property’s overall appeal is the location. Houghton le Spring offers access to local amenities and transport, but the street’s specific character might affect its desirability. Buyers should carry out thorough local research to fully assess the area’s suitability to their needs. Overall, the property presents itself as a potential investment or starter home, dependent on buyer requirements and willingness to undertake refurbishment. The absence of a specified square footage limits a more precise assessment of value.

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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