Safe & Secure Properties says ..

Property Oracle says ..

This three-bedroom mid-terraced house in Shiney Row, Houghton-le-Spring, presents a mixed bag of opportunities and challenges for potential buyers. The property’s location scores positively, offering convenient access to local amenities, schools (including several with good Ofsted ratings), and transport links including Chester-le-Street train station (9.68KM). However, this needs to be weighed against the property’s condition and the need for significant renovation. The provided images show dated interiors, requiring significant modernisation to enhance its appeal and functionality. The kitchen and bathroom appear particularly outdated. While the property does benefit from a small rear yard, offering some outside space, this is not particularly sizable. The lack of square footage information hinders a precise evaluation of the price per square foot, yet the listing price appears competitive when considering comparable properties in the immediate vicinity. Prospective buyers should factor in the substantial renovation costs to bring the property up to current standards. The property could be a sound investment for those willing to undertake a renovation project, but it’s not a move-in-ready home. Overall, the property’s value is contingent upon the buyer’s willingness and ability to handle renovations.

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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