Nicholas Humphreys says ..

Property Oracle says ..

This property is a two bedroom, two bathroom terraced house located on London Road in Alvaston, Derby. The property is listed at £160,000. While the average house price in the area is significantly higher at £376,338, nearby comparable properties show a range of prices, some considerably lower than the listing price. The property appears to be in need of some modernisation and updating, as evidenced in the provided photographs. The kitchen and bathrooms show signs of wear and tear and would likely benefit from refurbishment. The exterior of the property appears relatively well-maintained, though further assessment would be needed to determine the full extent of any necessary repairs. The lack of information regarding plot size and square footage makes a comprehensive evaluation of land and value per square foot impossible. The location is close to several schools and transportation links, which may be considered positive factors. However, the overall condition of the property needs to be factored into any decision. The price seems high relative to some comparable properties in the area considering the apparent need for renovations.

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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