Auction House says ..

Property Oracle says ..

This five-bedroom property at 12 Stanhope Avenue, Hartlepool, presents a compelling but challenging proposition. The large size and number of bedrooms offer substantial potential, especially for those seeking a project or rental investment. However, the property is in considerable disrepair. The exterior photos show boarded-up windows and doors, significant brickwork deterioration, and an extremely overgrown garden. The overall presentation suggests a need for extensive renovation, potentially impacting the budget significantly.

The location in Burn Valley, Hartlepool, provides access to local schools, though additional research into the wider area’s amenities and reputation is crucial. Transport links appear reasonable, with Hartlepool train station within a reasonable distance. Nevertheless, the current condition of the property itself is a significant factor that can outweigh the positives of the location.

The lack of precise details about plot size and the presence of a garden that is almost entirely overgrown hinder a more concrete valuation of the land component. In conclusion, this property offers high potential but requires considerable financial investment, time, and effort for renovation. The low asking price reflects the property’s current condition and the work required, but a detailed survey and professional valuation should be undertaken before any commitment.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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