Davies Auctions says ..

Property Oracle says ..

This two-bedroom terraced house located on Main Street, Shildon, County Durham, is listed at a notably low price of £9,000. Its location offers a degree of convenience, with proximity to shops, schools, and transportation. Thornhill Primary School, Timothy Hackworth Primary School, and St John’s Church of England Aided Primary School are all within a reasonable distance, making it potentially attractive to families. Shildon railway station provides access to regional rail networks.

However, the property’s condition appears to require considerable modernisation and repair. The photographs reveal wear and tear throughout, including damp patches in at least one bedroom. The kitchen and bathroom, while functional, are dated and in need of updating. The absence of a garden is a further drawback. The lack of square footage information makes a precise comparison with other properties difficult. Nevertheless, the extremely low price may reflect the significant investment required to bring the property up to a habitable and marketable standard. Potential buyers should carefully factor in the costs of renovation and refurbishment before making an offer. A thorough survey is highly recommended to assess the extent of any structural issues or hidden problems. While the location and price are attractive, the significant refurbishment needed makes this property a high-risk, high-reward investment.

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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