Getting Started in Property says ..

Property Oracle says ..

The property is located in Millfield, Sunderland, Tyne and Wear. The area benefits from its proximity to the University of Sunderland (0.58km) and St Anthony’s Girls’ Catholic Academy (0.60km), making it potentially attractive to students and families. Sunderland train station is also relatively close by at 1.57km.

Based on the provided photographs, the property appears to be in need of some modernisation and updating. The interior shows dated wallpaper and flooring in several rooms, and some cosmetic repairs may be needed. The exterior appears structurally sound but could benefit from some exterior maintenance.

The property includes a small yard, which while not extensive, does provide some outdoor space.

The list price of £110,000 is significantly lower than the average house price in the area (£193,917). However, the lack of square footage information for this property makes a direct price per square foot comparison impossible. Considering the condition of the property and the need for potential renovations, the price might be considered reasonable for a buyer willing to undertake improvements. Nearby comparable properties on The Retreat sold for between £75,000 and £140,000, suggesting the list price falls within a reasonable range, although further investigation into the actual square footage would be needed to confirm this.

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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