John German says ..

Property Oracle says ..

Littleover is a popular residential suburb of Derby, known for its good schools and convenient location. The property is situated on South Avenue, a street with a mix of detached and semi-detached houses. The nearby streets, such as Saint Wystan’s Road and Gladstone Street, show average house prices comparable to the listing price, suggesting the location is desirable. Several well-regarded primary and secondary schools are within a reasonable distance, adding to the area’s family-friendly appeal. The proximity to Peartree train station offers convenient access to Derby city centre and beyond.

The property itself appears to be a period property, exhibiting traditional architectural features. The interior images reveal that the house is in need of significant modernisation and updating. The decor and fixtures are outdated, and some areas show signs of wear and tear. The bathrooms and kitchen, in particular, require complete refurbishment. The property includes a sizeable garden, though it currently appears somewhat overgrown and unkempt. This suggests potential for improvement and enhancement.

Considering the property’s condition, requiring substantial renovation, and the relatively small plot size compared to other properties in the area, the list price of £495,000 seems high. While the location is desirable, the significant cost of renovation work needed to bring the property up to modern standards should be factored into any potential buyer’s assessment of value. The average price per square foot in the area is £344, but the property’s condition significantly impacts its overall value. A more accurate valuation would require a detailed survey and costings for the necessary renovations.

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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