Savills says ..

Property Oracle says ..

The property is a bungalow located in Tollerton, Nottinghamshire. Based on the provided images, the property appears to be in generally good condition, although some minor cosmetic updates may be beneficial. The interior shows some signs of age in the decor and finishes, suggesting a potential for modernisation to enhance its appeal. The property benefits from a sizable garden and several outbuildings, including extensive greenhouses, which significantly increases the land value. The list price of £695,000 is considerably higher than the average house price in the area (£253,324). However, the property’s size (1305 sqft) is also above average (870 sqft). The average price per sqft in the area is £291, suggesting a price in the region of £379,000 for this property. The significant difference between the list price and this estimate is likely due to the substantial plot size and the presence of the outbuildings. While the main house might need some modernisation, the additional land and structures add significant value, justifying a higher asking price compared to average properties in the area. The proximity to nearby schools and transportation links also contributes positively to the property’s value. However, a detailed survey would be needed to fully assess the condition of both the house and outbuildings and the potential for further development.

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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