YOUR MOVE - Attenborough & Co says ..

Property Oracle says ..

The property is a 2-bedroom house located in Cromford, Derbyshire. The asking price is £250,000. The property appears to be in good condition based on the provided photographs. The interior has been recently updated with a modern kitchen and bathroom. The property retains some original features, such as exposed beams and fireplaces, which add character. There is evidence of some minor cosmetic work required but nothing major. The property benefits from a small, tiered garden, which is a desirable feature in this area. While not expansive, it offers some outdoor space. Considering the average price of properties in the area is £406,667 and the average price per square foot is £318, the asking price of £250,000 for this 642.61 sqft property seems relatively low. However, the lack of bathrooms and the smaller size compared to the average property in the area should be considered. The lower price may be justified by the smaller plot size and the fact that it is a terraced property. Nearby comparable properties on Water Lane sold for £225,000 and £435,000, indicating some price variability in the immediate vicinity. The location, close to amenities and transport links, is also a positive factor.

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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