YOUR MOVE Chris Stonock says ..

Property Oracle says ..

This two-bedroom mid-terrace property in High Spen, Tyne and Wear, presents a mixed bag of advantages and disadvantages. The property’s location is a definite plus, with a nearby ‘Good’-rated primary school, and relatively convenient access to train stations. This makes it potentially appealing to families and commuters alike.

However, the property is clearly in need of significant modernisation. Images reveal dated decor, worn flooring, and a bathroom requiring complete refurbishment. The overall state requires a considerable financial investment to update it to modern standards. The limited plot size also detracts somewhat.

While the list price seems competitive when compared to other nearby properties, potential buyers must factor in the extensive renovation costs before making a purchase decision. A thorough survey and assessment of the needed repairs would be essential to gauge the true overall cost of ownership. The lack of precise square footage data for comparable properties makes a definitive judgment of the price’s competitiveness more challenging. The property offers potential, but it’s essential for prospective buyers to be aware of the substantial renovation work required to transform it into a comfortable and desirable home.

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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