Ashley Adams says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat with a total area of 368.30 sqft. The list price is £80,000. The property benefits from a small rear garden. Considering the average price of properties in the area is £212,676 and the average price per sqft is £241, the list price of £80,000 for this 368.30 sqft flat appears significantly lower. However, this needs to be considered in the context of the property’s condition and location. The property’s condition appears to be fair. While the images do not show significant damage, the decor and furnishings appear dated and could benefit from some modernisation. The kitchen and bathroom are functional but also appear dated. The location in the Arboretum area of Derby is close to several schools, including Derby St Chad’S Cofe Nursery And Infant School and St Joseph’S Catholic Voluntary Academy, both within a short distance. Transportation links are also relatively close, with Peartree and Derby train stations within a reasonable distance. The proximity to local amenities and schools is a positive aspect of the location. The property includes a small garden, which is a desirable feature for a flat. Considering the factors mentioned above, the property presents a potentially good value proposition despite its dated condition. The low price compared to the average price per sqft in the area makes it attractive, but potential buyers should factor in the costs of modernisation to bring it up to current standards.

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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