John Shepherd says ..

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom flat located in Chellaston, Derby. Chellaston benefits from being relatively close to Derby city centre, offering a compromise between suburban living and convenient access to city amenities. The proximity to Homefields Primary School (0.27km) and Chellaston Academy (1.08km) is a positive aspect for families. However, without specific details on the quality of local shops and transport links, a definitive assessment of location is difficult.

The images suggest the property is in good condition, with a modern kitchen and bathrooms. There is no visible evidence of wear and tear or the need for renovation. The flooring and fixtures appear new or recently updated.

The lack of plot size information prevents a comment on the amount of land associated with the property.

Given the average house price in the area is significantly higher (£376,338) than the listing price (£129,000), and considering the apparent good condition of the property, the list price may represent good value. However, the absence of square footage data for the subject property makes a precise price-per-square-foot comparison impossible. The nearby comparable properties, while limited in data, suggest the property’s price is at the lower end of the market for the area, potentially reflecting its flat type and size. Further investigation into the actual size of the property would be necessary to fully assess its value.

The property appears to be a modern flat in a convenient location with good access to local amenities. The list price is considerably lower than the average house price in the area, but more information is needed to fully evaluate its value.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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