Staves Estate Agents says ..

Property Oracle says ..

The property is a 3-bedroom end of terrace house located in Gleadless Valley, Sheffield. The asking price is £125,000. The property benefits from a rear garden. Images show the property is in need of some modernisation; the décor is dated, and some updating would likely enhance its appeal and value. While structurally sound, the property would benefit from improvements to bring it up to modern standards. Considering the average house price in the area is £235,946 and the average price per square foot is £229, this property is significantly below average in price. This is likely due to its condition and the need for modernisation. Nearby comparable properties support this assessment, with prices ranging from £59,000 to £130,000. The property’s location is within reasonable proximity to schools and transportation links. The presence of nearby schools rated ‘Good’ by Ofsted suggests a reasonably desirable area. Given the need for modernisation, the relatively small plot size, and the lower-than-average price per square foot compared to the area, the list price of £125,000 appears reasonable, reflecting the property’s current condition. A buyer should factor in the cost of renovations when considering the overall value.

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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