Purplebricks says ..

Property Oracle says ..

The property is located in Lenton, Nottingham, and is a three-bedroom semi-detached house with a list price of £180,000. The property has a total area of 1,006.21 sqft and sits on a plot of 1,341.18 sqft. The average house price in the area is £247,302, with an average price per sqft of £263. This suggests that the list price of £180,000 could be considered under-valued, however, this needs to be considered in the context of the property’s condition. Based on the images provided, the property is in need of significant renovation. The bathroom, kitchen, and bedrooms all show signs of significant wear and tear, including damaged walls, flooring, and fixtures. The garden also appears overgrown and neglected. This will significantly increase the cost of ownership beyond the initial purchase price. The property’s location is positive, with several schools rated ‘Good’ or ‘Outstanding’ within a close proximity. The presence of nearby railway stations also enhances its accessibility. However, the quality of the immediate street environment is not clear from the provided data. Considering the required renovations, the property’s condition, and the relatively small plot size, the list price of £180,000 may or may not represent good value depending on the buyer’s priorities and budget for renovation. A full survey is strongly recommended before any purchase.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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