Reeds Rains says ..

Property Oracle says ..

This property is a 2 bedroom terraced house located on Silk Street in Old Glossop, Derbyshire. The asking price is £205,000. The property benefits from a garden, as shown in the provided images. While the size isnt specified, it appears to be a reasonable size for a terraced property in this area. The images also reveal that the property is in need of some modernisation and updating. The kitchen and bathroom appear dated, and there is evidence of some wear and tear throughout the house. The property’s age and style suggest it could be considered a period property, adding potential character and charm. The location in Old Glossop places it within reasonable proximity to local schools and Glossop train station, providing convenient access to transportation links. However, without specific details on the quality of local amenities or the desirability of the immediate neighbourhood, a definitive assessment of the location’s desirability is challenging. Considering the average house price in the area is £295,393 and the average price per square foot is £301, this property’s list price of £205,000 for 953.68 sqft seems comparatively low. However, this discrepancy is likely due to the property’s condition requiring modernisation. The lower price could reflect the need for renovation work, offsetting the generally higher average prices in the area. Nearby comparable properties show a range of prices, further highlighting the need to consider the condition of the property when assessing value.

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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