Springbok Properties says ..

Property Oracle says ..

This five-bedroom terraced house in South Shields, Tyne and Wear, presents a unique opportunity, but one which requires careful consideration. Situated on Seaview Terrace, the property boasts a highly desirable coastal location, close to Sandhaven Beach and Marine Park, making it attractive to families and those seeking a seaside lifestyle. The proximity to well-regarded primary schools adds to its appeal. The property itself is spacious, featuring five bedrooms and multiple reception rooms, which offers significant potential for modernisation. However, the photographs provided reveal a property that is in need of considerable renovation. The interior appears dated, with outdated finishes, and requires substantial work to bring it up to modern living standards. The lack of significant external space, as indicated by the lack of garden and limited plot size, is a notable drawback. The listing price, at £235,000, requires careful assessment. While the location and size are positive factors, the substantial renovation costs needed will significantly impact the overall value and must be taken into account when considering the price. Buyers should factor in a significant budget for refurbishment before making an offer. Potential buyers must weigh the cost of renovation against the property’s desirable location and substantial living space. A thorough survey by a qualified professional is strongly recommended to assess the extent of necessary repairs before purchasing this property.

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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