HoldenCopley says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house with 1 bathroom, listed at £170,000. It has a total area of 428.46 sqft and includes a garden. The average house price in the area is £204,156, with an average price per sqft of £248. This suggests the property may be underpriced compared to the average for the area. However, this needs to be considered in the context of the property’s condition and other factors. The property appears to be in need of modernisation. The images show dated interiors, including carpets, wallpaper, and fixtures. A full refurbishment would likely be needed to bring the property up to modern standards. This is a significant factor affecting its value. The location is in Bulwell, Nottingham. The proximity to schools and transportation links is a positive aspect. However, further information on the quality of local schools and the desirability of the area would be needed for a more complete assessment of the location. The lack of plot size information prevents a proper assessment of the land. Considering the property’s condition, the list price of £170,000 might be considered reasonable, especially if a buyer is prepared to undertake renovations. However, the average price per sqft in the area is significantly higher than what this property offers. The discrepancy needs to be examined in the context of the property’s condition and the potential costs associated with renovations. A comparative market analysis of similar properties in the area, considering their condition and size, is necessary for a definitive conclusion on the price.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images