Leaders Sales says ..

Property Oracle says ..

The property is located on Elm Street, Borrowash, Derby, and is a two-bedroom house with one bathroom. The property is 1,091 square feet and has a small, enclosed rear garden. The list price is £180,000.

The average house price in the area is £320,049, significantly higher than the list price of this property. However, the average property size is 977 sqft, smaller than the subject property. The average price per sqft is £327. Given the smaller size and lower price, this property may represent good value for money, however, other factors need to be considered.

The property appears to be in relatively good condition. The interior has been recently decorated and the kitchen appears to be newly fitted. The bathroom, however, shows signs of age and may require updating. The garden is small and requires some landscaping.

The location is good, with nearby schools and transportation links. Ashbrook Infant and Junior Schools are within easy walking distance, and Spondon and Derby train stations are accessible.

Considering the property’s condition, location, and size, and comparing it to other nearby properties, the list price of £180,000 appears to be reasonable, potentially even below market value given the average price in the area. However, the relatively small garden size and the need for some updating in the bathroom should be considered.

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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