Hackett Property says ..

Property Oracle says ..

This property is a seven-bedroom, four-bathroom house located on Grange Crescent in Sunderland. Its location offers proximity to Sunderland city centre, the university, and the Royal Hospital, making it potentially attractive to students or families. The nearby Park Road displays high average property prices. Public transport connections, via the Sunderland train station, are also relatively convenient. Several schools are within a reasonable distance, though parents should individually investigate Ofsted ratings and suitability for their children.

The property itself presents a mixed picture concerning condition. While some areas feature recently updated kitchens and bathrooms, other rooms appear cluttered and in need of a thorough clean and possibly some maintenance. The photographs show some evidence of wear and tear and suggest that some renovation might be needed before a buyer could comfortably occupy the property. A small paved rear yard provides minimal outdoor space.

The list price of £350,000 requires careful consideration. While comparable to other 7-bedroom properties in the immediate vicinity, the state of repair and limited land size raises questions about its value. More comprehensive information, including square footage, is required to conduct a precise price-per-square-foot calculation and more effectively compare prices with similar properties. Additional detailed comparable sales data is also necessary to adequately evaluate the list price. The information provided indicates potential, but a buyer should approach the pricing with some caution, perhaps commissioning a survey to gain clarity on condition and potential renovation costs. Overall, a potential buyer must weigh the potential benefits of location and the number of rooms against the required investment in improvement and refurbishment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images