Good Life Homes Sales and Lettings says ..

Property Oracle says ..

This two-bedroom terraced house in Pallion, Sunderland, presents a mixed bag for potential buyers. The property’s location is relatively convenient, with close proximity to several schools (including some with good Ofsted ratings), transport links, and Sunderland Hospital. This makes it potentially appealing to families and those seeking easy access to essential services.

However, the property’s condition needs attention. The provided photographs reveal a need for some level of modernisation. Walls require repair, and the kitchen and bathroom are dated and would likely benefit from complete renovation. The photographs also show a notice indicating that the electrical system requires a thorough inspection.

The property’s small rear yard offers limited outdoor space. The lack of square footage information in the provided details prevents a more detailed analysis of the value per square foot.

The list price of £55,000 falls within the range of similar properties in the area, making it potentially a good investment opportunity for a buyer willing to invest in modernisation. However, factoring in the needed renovations and the overall condition of the property, careful consideration is necessary. Prospective buyers should factor in the costs of renovations and repairs before making an offer.

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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