New Oak Estates says ..

Property Oracle says ..

The property is a semi-detached house located in Grassmoor, Derbyshire. The asking price is £125,000, and the property has 2 bedrooms and 1 bathroom, with a total area of 537.12 sqft. The plot size is listed as 0.00 sqft, which suggests a small or non-existent garden. The property appears to be in need of significant renovation. The interior photos show dated fixtures and fittings, exposed pipes, and a general lack of maintenance. The green flooring is also a concern. The exterior shows a small yard, but it is mostly paved and appears unkempt. Grassmoor is a small town in North East Derbyshire. The proximity to Chesterfield (5.63km) provides access to more extensive amenities and transportation links. The presence of Grassmoor Primary School within close proximity (0.17km) is a positive for families. However, without more information on the quality of other local schools and the overall local amenities, a definitive assessment of location quality is difficult. Considering the property’s condition, the small plot size, and the need for substantial renovation, the list price of £125,000 may be reasonable compared to other similar properties in the area. However, the average house price in the area is significantly higher (£561,961), and the average price per sqft is £432. This property is considerably smaller and requires significant work, so while the price may seem low compared to averages, it’s important to factor in the cost of renovation. The nearby properties show a range of prices, some significantly higher and some slightly lower, but none are directly comparable due to differences in size and condition.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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