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Cotmanhay Road, Ilkeston, Derbyshire, DE7 8NG Property Analysis

Location: The property is located on Cotmanhay Road in Ilkeston, Derbyshire. The area benefits from relatively close proximity to several schools, including Charlotte Nursery and Infant School (Outstanding Ofsted rating) and Granby Junior School (Good Ofsted rating), both within a kilometer. Ilkeston train station is also within reasonable distance, providing access to public transportation. While the immediate area’s average property prices are significantly higher than the subject property’s list price, this could indicate a desirable location, although further investigation into specific amenities and local market dynamics would be needed for a complete assessment.

Condition: Based on the provided images, the property appears to be in good condition. The interior shows recent renovations or updates to the kitchen and bathroom, presenting a modern and well-maintained aesthetic. There is no visible evidence of significant wear and tear or the need for major repairs.

Land: The property includes a garden area, which appears to be of average size for a property of this type in the UK. The garden has a shed and patio area.

Price: The list price of £145,000 is considerably lower than the area average price of £320,049. However, the average price per square foot in the area (£327) is not directly comparable without knowing the square footage of the comparable properties. The property’s smaller size (770.70 sqft) and lower price might reflect its location within Cotmanhay, which may have different market dynamics than the broader Ilkeston area. Considering the recent renovations and the presence of a garden, the price may represent good value, although a detailed comparison with similarly sized and renovated properties in the immediate vicinity would be needed to confirm this. Nearby comparable properties on Cotmanhay Road sold for significantly less, suggesting the list price may be on the higher end for this specific street.

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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