Charles Newton & Co says ..

Property Oracle says ..

The property is a two-bedroom detached bungalow listed at £245,000. The average price for properties in the area is significantly higher at £320,049, suggesting that the listed price may represent good value. However, the average property size in the area is 977 sqft, while this property is 1180 sqft. The average price per sqft in the area is £327, while this property’s price per sqft is lower. The property appears to be in need of some modernisation. The carpets and some of the fixtures and fittings look dated. While structurally sound, an update to the kitchen and bathroom would likely enhance its appeal and market value. The garden is present, although it appears to require some maintenance. The location benefits from proximity to several schools, including Dallimore Primary & Nursery School (rated ‘Good’ by Ofsted) and Saint John Houghton Catholic Voluntary Academy (also rated ‘Good’). The proximity to Ilkeston train station is also a positive factor, providing convenient access to other areas. Considering the property’s condition, the relatively small plot size, and its location, the list price of £245,000 seems reasonable, especially in comparison to the higher average property prices in the area. However, potential buyers should factor in the cost of necessary renovations and modernisation.

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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