Yopa says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom house located in Bestwood, Nottingham, with a list price of £170,000. The property has 1210 sqft of living space and an 827.72 sqft plot. The property is in need of modernisation and renovation. The kitchen shows significant signs of damp and requires complete refurbishment. The flooring throughout much of the property needs replacing, and the walls in several rooms require attention. While the bathroom appears functional, it would benefit from updating. The garden is relatively small but provides some outdoor space. The location in Bestwood, Nottingham, is reasonably convenient. The presence of several nearby schools with good Ofsted ratings is a positive aspect for families. The proximity to public transportation options is also beneficial. However, the average house price in the area is significantly higher than the list price of this property, suggesting it may be in a less desirable part of Bestwood. Considering the required renovations, the small plot size, and the disparity between the list price and average prices in the area, the property’s value is questionable. While the price per square foot is lower than the area average, the extensive refurbishment needed significantly impacts its overall value. The property may represent good value for a buyer willing to undertake a substantial renovation project, but the risk is considerable.

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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