Pinewood Properties says ..

Property Oracle says ..

This two-bedroom end-of-terrace property located on Newbold Road in Chesterfield, Derbyshire, presents a complex proposition for potential buyers. The property’s position offers a reasonable proximity to several well-regarded schools, including the outstanding St Mary’s Catholic High School, and also has access to transport links via Chesterfield train station. The overall condition of the property is, however, a major concern. The photographs clearly show significant cosmetic damage needing repair throughout, including damaged walls, old and possibly damaged flooring and outdated fixtures and fittings. The existing kitchen and bathroom appear dated and in need of complete replacement. The small rear garden requires attention. While a garden is present, its overall state suggests it will need a significant investment of time and money before use. The property’s listed price of £175,000 should be viewed in light of the significant cost of renovation and modernisation required. Whilst some nearby properties have sold at similar prices, the variation in property type, size, and condition makes direct comparison difficult. A buyer will need to seriously consider the potentially high cost of necessary upgrades before making a purchase decision. This is a property best suited to a buyer with renovation experience or a large budget for a complete overhaul. A buyer should also consider the mixed-use potential the property offers if applicable.

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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