Wilson Estate Agents says ..

Property Oracle says ..

This two-bedroom terraced house located on Williamthorpe Road in North Wingfield, Derbyshire, is currently listed for £109,950. The property’s size is given as 813.75 square feet. The available photographs depict a property that is habitable but in need of some refurbishment. The kitchen and bathroom appear dated and would benefit from modernizing. The living areas seem standard and are quite simple. The property appears to include a small, paved back yard or access area rather than a substantial garden.

The location in North Wingfield offers convenience to local amenities, schools, and transport links, though residents will likely require a car for commuting to more extensive urban facilities. While not directly stated, the proximity to Chesterfield indicates that major amenities are within reach by car, thereby providing a counterbalance to the less developed nature of North Wingfield itself. A more detailed analysis of the property’s condition is hindered by the information available; additional photographs and details on the state of the property’s central heating, plumbing, and electrical systems would facilitate a more thorough appraisal of its value.

Several comparable properties on Williamthorpe Road have sold for prices in the £80,000 to £145,000 range, reinforcing the idea that the current listing price of £109,950 sits comfortably within the local market price range for similar properties. However, it’s worth noting that this estimation requires clarification as the provided data regarding square footage for comparable properties is incomplete, precluding a proper price-per-square-foot analysis. Buyers should consider both the potential renovation costs alongside the current market values. The lack of sufficient comparable sales data to calculate a precise average price per square foot is a significant limitation in calculating the property’s overall value and its potential returns in terms of future rental income. Potential buyers should conduct further investigation of the local market and property values before committing to a purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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