Nationwide Business Sales LTD says ..

Property Oracle says ..

The property is a 5 bedroom terraced house located in Shotton And South Hetton, Durham. It is listed at £120,000 and has a size of 1,061.32 sqft. The average property price in the area is £112,604 with an average price per sqft of £139.

The property appears to have undergone some renovations, evidenced by the modern kitchen and bathroom fixtures visible in the provided photographs. The overall condition seems to be good, although a more thorough in-person inspection would be necessary to assess the structural integrity and identify any potential hidden issues. The presence of a small yard is noted in the rear exterior photo. However, the size is negligible and doesn’t constitute a significant garden.

Considering the property’s location in South Hetton, proximity to South Hetton Primary School (rated ‘Good’ by Ofsted) is a positive aspect for families. The nearby Seaham train station offers transportation links. However, the lack of information regarding local amenities and other points of significance prevents a comprehensive evaluation of the location.

Given the average price per sqft in the area (£139) and the property’s size (1,061.32 sqft), a rough estimate of its value would be approximately £147,500. The listed price of £120,000 is therefore below this estimate, suggesting it might be reasonably priced, especially considering the apparent recent renovations. However, the lack of plot size data and more detailed information on the condition of the property makes a definitive conclusion difficult. Further investigation into the property’s specifics is recommended before making a final judgement on its 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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