Sell Your Tenanted Property says ..

Property Oracle says ..

The property is a one-bedroom, one-bathroom flat located on Norman Street in Ilkeston, Derbyshire. The listing price is £69,999. Nearby properties are predominantly flats and terraced houses, with prices ranging from £51,000 to £110,000. The property’s location benefits from proximity to several schools and Ilkeston railway station. The images suggest the property is in good condition, with modern furnishings. There is no evidence of significant repairs or renovations required. However, the lack of information regarding the property’s square footage and plot size makes it difficult to accurately assess the value for money. The absence of a garden is also a factor to consider. Compared to similar properties in the area, the list price appears to be within the reasonable range, especially considering its presentation and location. However, without knowing the square footage, a definitive conclusion on price per square foot cannot be made. The fact that it’s marketed as an Airbnb property suggests a potential for rental income, which could further justify the asking price for investors.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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