Pattinson Estate Agents says ..

Property Oracle says ..

This two-bedroom apartment in Washington, Tyne and Wear, is currently listed for sale by auction at £25,000. The property is undergoing refurbishment and requires extensive renovation. Images reveal exposed brickwork throughout, incomplete plumbing and electrical work, and a lack of fixtures and fittings. The apartment features a small balcony offering a limited outdoor space.

The location offers proximity to several schools, including Marlborough Primary School and Usworth Colliery Primary School, both rated ‘Good’ by Ofsted. However, the wider area’s amenities and transport links appear limited, suggesting further investigation is required.

The low list price should be viewed within the context of the auction format and the necessary renovation, meaning buyers should be prepared for additional costs for materials, labour, and potential unforeseen issues. Due diligence is paramount for potential buyers. The property may attract investors willing to undertake substantial renovation work, or those looking for a potential property that could be renovated with relatively low initial cost and investment.

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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