Ashley Adams says ..

Property Oracle says ..

The property is a character property located on Main Street, Melbourne, South Derbyshire. The asking price is £250,000. The property appears to be in good condition, well-maintained and presented to a high standard. The exposed beams and traditional features are characteristic of a period property. The kitchen and bathroom appear to be recently updated. There is a small, manageable garden to the rear. The location is excellent, in the desirable village of Melbourne, Derbyshire. It benefits from being within walking distance of Melbourne Infant and Junior Schools, both of which have good Ofsted ratings. The property is also conveniently located near local amenities. Considering the property’s condition, location, and the relatively small plot size, the list price of £250,000 seems reasonable, particularly when compared to the average price per square foot in the area (£307). However, the average house price in the area is significantly higher (£336,779) and the lack of sqft data for comparable properties makes a definitive statement difficult. The property’s character and charming features may also justify the price, even given its smaller size. Further analysis of comparable properties with similar features and plot sizes would be beneficial.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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