Davies Auctions says ..

Property Oracle says ..

This property at 1 Mill Street, Crook, County Durham, is a two-bedroom terraced house listed at £10,000. The listing photos depict a property in significant disrepair, requiring extensive renovation throughout. The kitchen and bathroom are particularly dated and in poor condition, with visible damage to walls and fixtures. The property’s interior shows signs of neglect and requires complete modernisation. While the location in Crook offers proximity to several primary schools with good Ofsted ratings and a train station at Bishop Auckland, the town itself is relatively small. The extremely low price reflects the substantial investment needed for renovation. Potential buyers should factor in the cost of complete refurbishment, including potential structural repairs, before making an offer. The lack of information regarding the property’s square footage and plot size limits a comprehensive assessment of its value. Overall, this property presents a high-risk, high-reward proposition, suitable only for buyers with experience in property renovation and a tolerance for significant upfront investment. Further investigation into the property’s structural integrity and potential hidden issues is strongly recommended before committing to a purchase.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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