Robert Ellis says ..

Property Oracle says ..

The property is a 3-bedroom bungalow located in Redhill, Gedling, Nottinghamshire. The asking price is £350,000. The property appears to be in need of some modernisation. The décor is dated throughout, and while the structure seems sound, an update would significantly enhance its appeal and value. The kitchen and bathroom, in particular, show their age. The garden is a reasonable size with potential, but it currently appears slightly overgrown and could benefit from some landscaping. The location is good, with several well-regarded schools within a short distance, including Redhill Academy which has an ‘Outstanding’ Ofsted rating. There are also several railway stations within a reasonable commute, offering convenient access to Nottingham and other areas. Considering the average house price in the area is £208,510 and the average price per square foot is £195, the asking price of £350,000 for this property seems high, especially given its condition and the lack of information regarding the square footage. Nearby comparable properties are significantly lower in price, suggesting that the list price may be inflated. However, the presence of a garden and its location near good schools could justify a higher price than some of the nearby flats and terraced houses. More information on the property’s square footage would allow for a more precise assessment of its 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. *

Images