Wise Properties Sales and Lettings Ltd says ..

Property Oracle says ..

This three-bedroom, two-bathroom property located on Collison Street, Nottingham, is presented as a potential investment opportunity. The exterior of the property shows a terraced house in a row of similar buildings. The interior, as shown in the photographs, presents a mixed condition, showcasing some areas needing upgrading. The flooring appears to have been recently updated in parts. However, some rooms display dated décor and signs of wear and tear, such as minor wall damage. The kitchen is functional but could benefit from some modernisation and the bathrooms show a modest fit-out. The overall condition is liveable but would likely require renovation, particularly in terms of décor and cosmetic upgrades, to maximise its market value. The property features a small, paved rear yard with artificial grass, offering minimal outdoor space. The property’s location in Hyson Green & Arboretum in Nottingham is reasonably convenient. Several primary schools within walking distance offer a plus for families, and public transport links make this property reasonably accessible. However, it is important to consider the specific needs and preferences when evaluating its suitability. Without accurate square footage and plot sizes to calculate the price per square foot, an in-depth price-per-unit analysis isn’t possible. However, based on comparable sales data in the area, the list price of £160,000 appears competitively priced given its age, condition, and location, making it a potentially viable purchase for investors or buyers looking for a project to renovate. The lack of crucial data, such as the property’s square footage and the precise condition of the property’s structural elements, however, limits the depth of the analysis.

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

Images