HoldenCopley says ..

Property Oracle says ..

The property is located on Stoney Street in Hockley, Nottingham. The area benefits from its proximity to Nottingham College (0.10 KM), Stone Soup Academy (0.28 KM), and Sutherland House School (0.50 KM), making it potentially attractive to families or students. Nottingham railway station is also within a reasonable distance (0.70 KM), offering convenient access to public transportation.

Based on the provided photographs, the property appears to be in generally good condition. While some minor cosmetic updates might enhance its aesthetic appeal, there are no apparent signs of significant damage or disrepair that would require extensive renovation. The bathroom, although functional, shows its age and could benefit from modernization.

The property does not appear to have a traditional garden; however, it does include a small roof terrace, offering some outdoor space. This is a positive feature, particularly in an urban setting.

The list price of £180,000 is significantly lower than the average price of £302,231 for the area. Considering the smaller size of the property (658.97 sqft compared to the average of 1,047 sqft) and the lack of a substantial garden, the price seems relatively reasonable, though perhaps slightly below average for the location, given the apparent good condition. However, without knowing the specific details of comparable properties, a definitive assessment of the price-to-value ratio is difficult. The average price per square foot in the area is £288, while this property is listed at a lower price per square foot. This suggests that the property may be undervalued, especially considering its location and condition.

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

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