Peter Clark Property Services says ..

Property Oracle says ..

This two-bedroom terraced house in Spennymoor, County Durham is listed for £40,000. The property requires modernisation, as evidenced by the images showing worn flooring, damaged walls, and outdated fixtures. While the location benefits from proximity to several well-regarded schools (Rosa Street Primary, King Street Primary, Ox Close Primary, Oxclose Nursery School, and The Oaks Secondary School), all within a kilometre, and relatively close proximity to train stations (Shildon, Bishop Auckland, Newton Aycliffe, and Durham), the property itself needs significant work. The list price is considerably lower than the average price for the area (£173,516), however, this is likely due to the condition of the property. Comparable properties on Stratton Street range from £46,000 to £83,000, suggesting that while the asking price is low, it might still reflect the extensive renovations needed. The property includes a small yard.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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