Smiths Property Experts says ..

Property Oracle says ..

The property is located in East Leake, Nottinghamshire, a village in the East Midlands. Based on the provided data, the area has an average house price significantly higher than the listed price of this property. Nearby properties show a range of prices, with some exceeding the list price considerably and others below. The proximity to Loughborough (5.53 KM) and other East Midlands Railway stations suggests reasonable transport links. Several schools are within a reasonable distance, including some with ‘Good’ Ofsted ratings. This contributes positively to the desirability of the location.

The property itself appears to be a two-bedroom bungalow. While the images show a small garden, the overall condition of the property seems to be fair, but could benefit from some modernisation. The kitchen and bathroom, in particular, appear dated. The presence of solar panels is a positive feature, suggesting some energy efficiency. However, the lack of information regarding the property’s square footage prevents a precise assessment of value per square foot. Considering the average price per square foot in the area is £287, and the property is listed at £210,000, further information on the property’s size is necessary for a complete price analysis. The relatively small plot size of 524 sqft is also a factor to consider.

Considering the factors mentioned above, a more comprehensive analysis requires the property’s square footage to accurately assess the price. The current information suggests a possible undervaluation compared to the average house price in the area, but this is contingent on the property’s size and the condition of the structure. The dated interior finishes could impact the overall value. A larger plot size would positively influence the final assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images