Your Move says ..

Property Oracle says ..

This three-bedroom mid-terraced house in Millfield, Sunderland, presents a mixed bag. The property’s location is a key strength, offering relatively easy access to local amenities and schools. The interior shows a blend of updated and older features; some rooms have clearly undergone recent refurbishment, but other areas, notably the attic conversion, seem to require further attention or modernisation. The lack of detailed information concerning plot size and outdoor space is a significant drawback. While the property’s price of £145,000 seems reasonable within the context of the surrounding area, and comparable properties on the same street, the absence of a garden or significant land and the less desirable location of Sunderland mean it may not be considered a great value proposition for all buyers. The property is likely to appeal more to first-time buyers or investors seeking potential for renovation and increased value.

Potential buyers should carefully consider both the positives, such as location and size, and the drawbacks, notably the lack of outdoor space and potential renovation requirements, to determine whether this property aligns with their needs and budget. A thorough inspection is essential to accurately assess the property’s condition and potential repair costs. Given the varying prices of similar properties on the same street and the overall market in Sunderland, this is a fair price but isn’t exceptionally good 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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