Lennon Properties says ..

Property Oracle says ..

The property is a two-bedroom terraced house located in Blyth, Northumberland, listed at £85,000. The area has an average house price significantly higher than the subject property at £549,545, and an average price per sqft of £426. However, the average sqft for the area is 1288 sqft, which is considerably larger than the 920 sqft of the subject property. The property appears to be in relatively good condition. The interior photos show a recently modernised kitchen and bathroom. The walls and floors appear clean and freshly decorated. There is no visible evidence of significant damage or disrepair. However, the small yard is unkempt and could benefit from some landscaping. The property has a very small yard, which is more of a small paved area. This significantly impacts the overall desirability for those seeking outdoor space. Considering the significantly lower price compared to the average house price in the area, and the smaller size of the property, the list price of £85,000 appears reasonable, especially for a first-time buyer or investor. However, the lack of substantial outdoor space may affect how appealing it is to families. The price is in line with other nearby properties for sale, which are also smaller terraced houses.

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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