Ashley Adams says ..

Property Oracle says ..

This two-bedroom terraced property in Chellaston, Derby, presents a potentially attractive option for first-time buyers or investors. Located on Little Meadow Road, the property benefits from a relatively convenient location within a family-friendly residential area. Nearby amenities include schools such as Chellaston Infant School and Chellaston Academy, making it well-suited for families. Transportation links to Derby are also within a reasonable distance.

The interior of the property is presented in good condition, with recently updated decor in the living areas and bedrooms. The kitchen appears functional and relatively modern, though a kitchen update could potentially increase value further. The bathroom however shows signs of age and may require some updating or renovation to modernise.

The property includes a small, enclosed rear garden, providing some private outdoor space. Although the garden is relatively small it offers a degree of privacy. The exact plot size is not specified but appears modest based on the photos.

The list price, while not exceptionally low compared to other properties in the area, seems relatively reasonable considering the type and size of the property and its condition. However, more comparable data on the precise square footage of similar properties would help to solidify this assessment. The fact that other similar properties in the street are priced higher or are shared ownership properties justifies the pricing being reasonable. Overall, this property could be a sound investment, providing the buyer is comfortable with the need for minor renovations.

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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