HoldenCopley says ..

Property Oracle says ..

The property is located in Ilkeston, Nottinghamshire, and is a 3-bedroom, 1-bathroom house with a total area of 705.04 sqft. The property benefits from being close to several schools, including Charlotte Nursery and Infant School (Outstanding Ofsted rating) which is only 0.27km away. Ilkeston train station is also within reasonable proximity at 1.68km. The images show the property to be in good condition, having undergone recent renovations and modernisation. The interior is presented well and is tastefully decorated. The property also includes a garden, a definite plus point for many buyers. Considering the average house price in the area is £320,049 and the average price per sqft is £327, the listed price of £200,000 appears significantly lower. However, it is important to note that the average sqft for properties in the area is 977 sqft, considerably larger than the 705.04 sqft of this property. The smaller size and the lack of information regarding the plot size could explain the lower price. Nearby properties on Tathams Lane have sold for prices ranging from £117,000 to £292,500, suggesting that the £200,000 price point is within the range of similar properties in the immediate vicinity, despite being lower than the overall area average. The property’s condition and location are positive factors that could justify the price, even considering its smaller size compared to the area average.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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