Selectiv Property Sales & Lettings says ..

Property Oracle says ..

This three-bedroom terraced house in Redcar, North Yorkshire, presents a mixed opportunity for buyers. Its location on Charles Street offers convenient access to the town centre’s amenities and transportation links, including Redcar Central train station, making it appealing for commuters or those seeking proximity to shops and services. Several schools are within walking distance, benefiting families. However, the property’s condition is a significant factor. The photographs reveal an interior that requires substantial renovation work. Outdated features, worn carpets and flooring, and dated kitchen and bathroom fixtures necessitate a complete overhaul before the property is habitable. While the exterior of the building appears structurally sound, there is visible wear and tear to some exterior features. The small, narrow backyard provides limited outdoor space. The list price needs to be considered in light of the considerable renovation costs. Comparing it to other properties on Charles Street and nearby avenues reveals price inconsistencies across the neighbourhood. While it may be considered an investment for someone prepared to undertake renovation, a potential buyer should factor in these significant refurbishment costs before making a final purchase decision. Further detailed surveys and professional assessments would be needed to gain a clearer picture of the property’s structural integrity and repair needs.

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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