YOUR MOVE Chris Stonock says ..

Property Oracle says ..

This property, situated on Blind Lane in Houghton Le Spring, is a former Methodist Chapel, boasting a substantial floor area of 2,827 square feet. The building exhibits an interesting blend of original architectural features and additions from later periods. While the exterior suggests a degree of age and a need for external upkeep, photos of the interior show a large hall that retains much of its original character, including wooden pews and a stage area. The existing small kitchen seems functional and reasonably well maintained but might need replacement, based on the images. The building presents a unique opportunity, likely requiring extensive renovation to transform it into a residential property or a commercial establishment. The listed price of £80,000 presents a balance between this extensive work required and its substantial size. The nearby schools present as a major positive for families. The provided information on average prices for nearby streets offers a limited reference point, given the unique property itself, however prices do range. Further investigation into planning permission and potential conversion costs would be essential for any potential buyer to accurately assess the full value and feasibility of this project. The absence of nearby transportation information is a notable point for potential buyers to investigate independently, particularly regarding commute times to Sunderland and other local towns. Overall the property offers high potential reward given the commitment and resources required to bring it up to standard.

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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