Frank Innes says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located on Chestnut Grove in Mapperley, Nottingham. The list price is £130,000, and the property has 537.12 sqft of living space. The property appears to be in a period building, showing some original features such as wooden doors and high ceilings. The interior is largely unfurnished, and while the condition of the fixtures and fittings seems reasonable, there is a lack of modernization. The kitchen and bathroom are basic but functional. The property benefits from having a good amount of natural light. The location in Mapperley, Nottingham is generally considered a desirable residential area. The proximity to Nottingham city centre and various transport links is a positive factor. There are also several schools within a reasonable distance, although the Ofsted ratings of these schools vary. Given the average price per sqft in the area is £266, and the property is 537.12 sqft, a rough estimate of the property value would be around £142,756. The list price of £130,000 is therefore slightly below this estimate. However, the lack of modernization and smaller size compared to the area average could justify this lower price. Further investigation into the specific condition of the property and any necessary repairs would be needed for a more accurate valuation. The lack of plot size information makes it difficult to assess the land score accurately.

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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