Chase Holmes says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located in South Shields, Tyne and Wear. It benefits from a modern kitchen and conservatory, and what appears to be a good sized garden. The property is well presented and appears to be in good condition throughout. The location is reasonably good, with several primary schools within a reasonable distance. However, information on nearby transportation links is lacking, which could impact the overall location score. Based on the images provided, the property appears to be in excellent condition. The kitchen and bathroom have been recently updated, and the rest of the property is well-maintained. There is no evidence of any significant repairs or renovations being required. The property has a garden, which is a desirable feature for many buyers. The size of the garden is not specified, but the images suggest it is of a reasonable size for a terraced property. Considering the average price per square foot in the area is £342, and the list price of this property is £115,000, the price appears to be reasonable, particularly given its condition and the presence of a garden. However, the average house price in the area is significantly higher (£482,757), suggesting that this property may be undervalued. Further investigation into the reasons for this price discrepancy would be beneficial. Nearby comparable properties also support this conclusion, with similar properties selling for comparable prices.

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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