W A Barnes says ..

Property Oracle says ..

This two-bedroom property situated on Annesley Lane, Selston, Nottingham, presents itself as a substantial renovation project. The listing highlights the need for “substantial refurbishment, modernisation and upgrading”, which is evident in the provided photographs. The kitchen and bathroom are dated and require complete overhauls. Interior walls show signs of wear and tear, and the decor is largely outdated. The property benefits from a garden area (the extent of which is not precisely detailed), offering potential for landscaping or extension.

The location is favourable, with several well-regarded schools within a reasonable distance, making it potentially attractive to families. Public transport access involves a short commute to several railway stations, offering connectivity to the wider region. However, the price of £165,000 appears higher than some comparable properties, with other similar sized properties in the area going for less than the asking price. Therefore, prospective buyers must weigh the considerable renovation costs against the potential value once the property is updated. The lack of sqft information makes it difficult to make a conclusive price per sqft comparison, so more information would be beneficial when completing a comparative market analysis. A thorough survey is strongly recommended before purchasing to ascertain the true extent of required works and potential hidden issues.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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