Tristrams Sales & Lettings says ..

Property Oracle says ..

The property is a 1-bedroom flat located in Nottingham city centre, close to Nottingham Trent University and several primary and secondary schools. The location is convenient for students and young professionals, with Nottingham railway station within walking distance. However, the immediate area may be less desirable for families due to the proximity to busy roads and commercial properties.

The property itself appears to be a modern studio flat in good condition. The images show a recently renovated or well-maintained interior with modern appliances and fixtures. There is no evidence of significant wear and tear or the need for major renovation.

The property is a studio flat, and therefore does not have a garden or significant outdoor space. The plot size is relatively small, typical for city centre properties.

Considering the list price of £48,000, the average price per square foot in the area is £288. The property’s size of 126.84 sqft suggests a price per sqft of approximately £379. While this is higher than the area average, it’s important to note that the average price and sqft data may not accurately reflect the market value of studio flats in this specific location. The relatively low list price compared to other properties in the area, even considering the smaller size, could indicate good value for money, particularly for investors or buyers looking for a city centre property. However, the lack of outdoor space and the small size should be factored into the overall assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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