Robinsons says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located on Highcliffe Terrace, Ferryhill, County Durham. The list price is £63,500. The property appears to be in reasonable condition. While the images show a clean and updated interior, some minor cosmetic work may be needed. The exterior shows some signs of age and wear, but nothing major. There is a small yard to the rear of the property. The location is good, with nearby primary schools rated as “Good” or “Requires Improvement” by Ofsted. A train station is within a reasonable distance. However, the lack of information regarding local amenities like shops and other services prevents a more comprehensive assessment of the location. Considering the list price of £63,500, the average price for properties in the area is £113,264. The average price per sqft is £121.00, however, the sqft for this property is not provided. Given the lower than average price and the apparent condition of the property, it could represent reasonable value for money, especially for first-time buyers or investors. However, without the square footage, a definitive conclusion on the price is not possible. Nearby comparable properties are listed between £41,000 and £87,000, which supports the idea that the list price could be considered reasonable.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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