Robinsons says ..

Property Oracle says ..

The property is located in Billy Row, County Durham. The area has a mix of property types and prices. Several nearby properties are similar in style and price range, suggesting the location is relatively stable in terms of property values. The presence of several well-regarded primary schools within a reasonable distance is a positive factor for families. However, information on transportation links is absent, limiting a complete assessment of the location’s convenience. Based on the images, the property appears to be in need of some modernisation. While structurally sound, the interior shows dated décor and worn carpets, suggesting a need for refurbishment. The kitchen and bathroom appear to have undergone some updates, but the overall impression is one that requires further investment to enhance its condition and appeal. The property includes a small garden area with a decked patio and a shed, which adds some outdoor space. However, the size of the plot is not specified, preventing a more detailed assessment of the land’s value. Considering the list price of £75,000, the average house price in the area is significantly higher (£226,037). However, the average price per square foot is not directly comparable due to the missing square footage for the subject property and nearby listings. The lower list price of the subject property compared to the average price may reflect its condition and the need for renovation. The presence of other similarly priced properties in the area suggests the list price may be reasonable, given the property’s condition and the need for potential improvements. More information on the property’s square footage would allow for a more precise analysis of the price-to-square-foot ratio.

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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