Peter Heron Residential Sales and Lettings says ..

Property Oracle says ..

This property is a 3-bedroom bungalow located in High Barnes, Sunderland. The property benefits from a garden and garage. The area has good local schools, such as Sunningdale School (Outstanding Ofsted rating) and is within a reasonable distance of Sunderland train station.

The property appears to be well-maintained, although the interior decor is dated. The kitchen and bathroom appear functional but could benefit from some modernisation. The overall condition is good, considering its age. The garden is of a good size for a bungalow in this area and is well-maintained, adding to the property’s appeal.

The list price of £185,000 is significantly lower than the average house price in the area (£930,241). However, it’s important to note that this average is skewed by larger, more expensive properties. Comparing the list price to nearby comparable properties, such as semi-detached bungalows, the price appears reasonable considering the number of bedrooms and the inclusion of a garden and garage. The average price per sqft in the area is £729, and while the sqft for this property is given as 838.51 sqft, the price per sqft is not directly comparable due to the differences in property type and size. More data on comparable properties would be needed to make a more precise assessment of the price per sqft. Based on the provided information, the property is a reasonable purchase in a desirable location. The lower price compared to the area average is likely due to the property type (bungalow) and the slightly dated interior. The property’s condition and the inclusion of a garden and garage add to its value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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