Blundells says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located in Sheffield, South Yorkshire. It has a list price of £125,000 and is 615 sqft with a 725 sqft plot. The location is within reasonable proximity to several primary and secondary schools, with options ranging from ‘Good’ to ‘Requires Improvement’ Ofsted ratings. Transportation links appear adequate, with several train stations within a reasonable distance. However, the area’s average house price (£637,140) and price per sqft (£367) are significantly higher than the subject property, suggesting a potentially lower-than-average location desirability. More specific information on local amenities and the immediate neighborhood would be beneficial for a comprehensive location assessment. Based on the provided images, the property’s condition appears to be fair. While the interior shows some signs of wear and tear, it does not appear to be in need of extensive renovation. The exterior shows some evidence of ongoing work, potentially suggesting some maintenance is underway or recently completed. A more detailed inspection would be necessary for a definitive condition assessment. The property benefits from a garden, which adds value. The size of the garden is relatively modest, but still provides outdoor space. Considering the list price of £125,000, the significantly lower average price per sqft in the area (£367) compared to the property’s price, and the property’s condition and modest garden size, the price seems potentially reasonable, but further analysis is necessary. The property’s size (615 sqft) is much smaller than the area average (1732 sqft), which may justify a lower price per sqft. However, nearby comparable properties listed at similar prices but with unknown sqft sizes make it difficult to definitively assess the value. A thorough comparative market analysis of similar properties in the area, considering their size, condition, and garden space, is needed to determine if the list price is reasonable.

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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