Melbourne Sales & Lets says ..

Property Oracle says ..

Four Gables is a charming period property located on Main Street in Kings Newton, South Derbyshire. The property benefits from being close to Melbourne Infant and Junior Schools, both with good Ofsted ratings, making it attractive to families. The proximity to Melbourne town centre provides access to local amenities and transportation links, although the nearest train stations are a few kilometers away.

The property itself is a substantial size at 2,272 sqft, significantly larger than the average for the area (1,095 sqft). The images reveal a property with many original features retained, such as exposed beams and period fireplaces. While the property appears well-maintained in the provided images, some areas of the garden appear to be overgrown and may require attention. The property also includes a large outbuilding which could be used as a garage or workshop.

Considering the size, location, and features of Four Gables, the list price of £895,000 is high compared to the average house price in the area (£336,779). However, the lack of comparable properties in the immediate vicinity with similar size and features makes a precise price comparison difficult. The average price per square foot in the area is £307, while this property is listed at a significantly higher price per square foot given its size. A detailed survey would be needed to fully assess the property’s condition and any potential repair costs.

The property’s land area of 3,692.46 sqft is relatively modest given the size of the house. While there is a garden, it seems to require some landscaping and maintenance.

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

Images