Bairstow Eves says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located in Hucknall, Nottingham. It benefits from being close to local schools such as Butler’s Hill Infant and Nursery School and Broomhill Junior School, both rated ‘Good’ by Ofsted. The proximity to Hucknall train station, providing links to Nottingham and beyond, is also a positive. The property includes a garden, adding to its appeal.

However, the images reveal that the property is in need of modernisation. The decor is dated, and some areas appear tired and require updating. The kitchen and bathroom, in particular, show their age and would benefit from refurbishment. This will require a significant investment from the buyer.

Considering the average house price in the area is £240,065, and the average price per square foot is £262, the asking price of £180,000 appears relatively low. However, the need for extensive renovation work must be factored into this assessment. The property’s condition significantly impacts its value, potentially justifying the lower price. Nearby properties on Broomhill Road have sold for prices ranging from £79,000 to £108,000 suggesting that the asking price is high. However, the larger plot size of 869 sqft compared to the average of 913 sqft could also be a factor.

Based on the provided information, the property requires modernisation and is priced competitively, considering its condition and the location. The property may be suited to a buyer who is willing to undertake renovation work.

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

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