McGowan Housing says ..

Property Oracle says ..

This 2-bedroom property located in Shirebrook South, Derbyshire, presents a mixed bag of features. The property is situated relatively close to Shirebrook train station and several primary schools, making it potentially appealing to families and commuters. The nearby streets show comparable average house prices suggesting a stable market in the area.

The property itself shows some modern updates, specifically a well-maintained kitchen and bathroom. However, the images reveal that the rest of the house is essentially unfurnished, and there are hints of minor wear and tear and the need for some general improvement. The exterior needs some work; this is evidenced by the appearance of the garden, which could be more improved.

While the £150,000 list price appears reasonable in the context of nearby properties with similar characteristics, the absence of square footage data for both the property and comparable sales makes it difficult to definitively assess its value. The lack of key information, such as the property’s exact size, prevents a thorough evaluation of price per square foot and overall value for money. Therefore, while the price seems reasonably competitive, it does not reach a score that could indicate excellent value for money. Overall, the property offers a reasonable option for buyers looking for a property in need of some minor cosmetic updates. The most substantial concern would be the need for some improvement to the property’s grounds and to the surrounding area. The prospective buyer should conduct an assessment of the property’s size before committing to the purchase price. This will help determine how appropriate this price is for the property’s actual square footage.

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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