The list price of £10,000 is low considering the size of the property (785.77 sqft), but this needs to be assessed in context of its significantly dilapidated condition. While the low price may seem attractive, the extent of required repairs and renovations would likely significantly increase the overall cost of ownership. The price reflects the poor condition, making it potentially more appealing to investors who are comfortable taking on extensive refurbishment projects, but the inherent risks in property restoration must be factored in.

The provided photographs clearly show the property to be in extremely poor condition. It requires substantial renovation and repair, including, at minimum, complete interior refurbishment, window replacement, and potentially more extensive structural work given the visible damage. The property appears uninhabitable in its current state.

The property is located in Southwick, Sunderland. While Southwick benefits from proximity to local amenities such as Southwick Community Primary School (rated ‘Good’ by Ofsted) and is relatively close to Sunderland city centre via public transport (2.5km to Sunderland station, served by Northern Trains), the surrounding area shows a mixed picture of property values and condition. Nearby streets have average house prices ranging from £75,000 to £209,950, indicating a degree of variability in the desirability and condition of homes. The presence of several schools within a reasonable distance is a positive factor but is balanced by overall area variability.

The listing explicitly states a plot size of 0.00 SQFT, indicating that there is virtually no land associated with the property. This is a significant drawback for many buyers.