The list price of £240,000 seems reasonable in the context of comparable properties in the area, many of which are also HMOs marketed at similar prices. Given that it’s a 3-bedroom property in a location desirable for student rentals, the price is likely justifiable based on rental income potential. However, the lack of land and relatively average condition prevent it from being considered exceptional value. More information on the average price per square foot for similar properties would provide further context.

Based on the provided photos, the property appears to be in generally fair condition, suitable for its purpose as a student HMO. The kitchen and bathroom appear functional but not modern or luxurious. There is evidence of minor wear and tear, but no major structural issues are visible. The interior finishes and décor are unremarkable. There is no indication of any urgent repairs needed.

The property is located in Lenton, Nottingham, which is known for its proximity to the University of Nottingham and Nottingham Trent University. This makes it an attractive location for student rentals, which is further supported by the description of several nearby properties also being used as HMOs (Houses of Multiple Occupancy). The presence of good schools within a short distance (Edna G Olds Academy rated Outstanding) adds further value, although the overall area may not appeal to all buyers due to its student-centric nature. The proximity to Nottingham city centre is also a positive aspect.

The property has a negligible plot size (0.00 sqft) according to the information, implying no significant garden or outdoor space. This is a major drawback for many potential buyers.