Grant's of Derbyshire says ..

Property Oracle says ..

The property is located in Cromford, Derbyshire, and is a two-bedroom end of terrace house. The list price is £150,000, and the property has a plot size of 815.04 sqft and a total area of 2,014.23 sqft. The property is situated on Market Place, which is in a convenient location near Cromford Church of England Primary School (0.21km). The nearby railway station provides access to Matlock, Matlock Bath, and Whatstandwell. The location score is dependent on individual preferences, but the proximity to amenities and transport links suggests a relatively good location. Based on the provided images, the property is in need of significant renovation. The interior shows signs of wear and tear, including damaged walls, ceilings, and flooring. The bathroom and kitchen also require updating. The overall condition of the property is poor. The property includes a small yard area, which is more of a small paved area than a garden. The size is limited, suggesting a low land score. Considering the property’s condition, the average price per sqft in the area is £318, and the property’s size is 2,014.23 sqft. A rough estimate of the value based on size alone would be £640,000. However, this is significantly higher than the list price of £150,000. The significant need for renovation and the small plot size must be taken into account, making the list price more reasonable when considering the current state of the property. A full renovation would likely increase the value, but the current state justifies a lower price.

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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