Peter Heron Residential Sales and Lettings says ..

Property Oracle says ..

This property is a two-bedroom retirement bungalow situated in Plane Tree Court, Doxford, Sunderland. It is marketed as a 70% shared ownership property, meaning the buyer would own 70% of the property with the remaining 30% retained by Home Group. The property includes a private garden and a driveway, offering both outdoor space and parking. Based on the photographs, the interior decor is dated, with the kitchen and bathroom seeming in need of modernisation. While the property shows some signs of wear and tear, it does not appear to be in disrepair. The property’s location offers relative proximity to schools and Sunderland city center, providing access to transportation links and more extensive amenities. The absence of square footage information for the property, combined with the varying prices of other properties on Plane Tree Court and nearby streets, makes it challenging to definitively assess whether the £95,000 list price represents good value. However, considering the shared ownership structure and the condition of the property, the price might be considered relatively in line with the market for comparable properties in the area, although more comprehensive details would be needed for an exact evaluation. Prospective buyers should carefully consider the shared ownership implications before making a purchase decision. The lack of precise square footage figures for both the property and other nearby homes makes it difficult to provide a definitive analysis of price-per-square-foot value. Further due diligence, including a physical viewing and a professional valuation, 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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