Dowen says ..

Property Oracle says ..

This six-bedroom property located in Hartlepool, County Durham, presents a compelling investment opportunity for those comfortable with a renovation project. The property’s considerable size and significant garden area are its standout features. It benefits from a location near Eldon Grove Academy, making it suitable for families. The interior boasts original features, including ornate ceilings and a grand staircase, which offer charm and potential character. However, it’s essential to acknowledge the property’s condition. The images reveal an interior that needs updating, including the kitchen, bathrooms, and carpets. Potential buyers should budget for substantial renovation costs, as the overall state of disrepair requires a comprehensive refurbishment. While the land area is a substantial asset, the property’s age and required repairs should be carefully factored into any purchasing decision. The current listing price appears reasonable considering the potential, given similar prices in the area for comparable properties; however, the extent of renovation is a key determinant in the overall investment proposition. The lack of square footage information prevents a precise per-square-foot analysis, but the overall impression suggests that the investment may be worthwhile for a buyer with the resources and willingness to undertake a significant refurbishment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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