Hannells Estate Agents says ..

Property Oracle says ..

This three-bedroom detached bungalow in Spondon, Derby, is listed at £235,000. Located on Stone Close, it benefits from a convenient location within the Spondon suburb, with relatively easy access to local amenities including schools and transport links to Derby. The property offers a spacious layout including three bedrooms and one bathroom. The garden is a significant feature, offering ample outdoor space.

However, the property’s interior requires significant modernisation. The kitchen and bathrooms, in particular, appear dated and would benefit from a comprehensive renovation. While the property is structurally sound, potential buyers should factor in the costs of updating the interior finishes. This would include replacing flooring, kitchen units, and bathroom fixtures, among other improvements. The need for modernisation would, therefore, influence the overall value proposition of the property.

The average price for Stone Close is listed at £235,000; this listing matches this figure. While this suggests fair market value, prospective buyers should conduct thorough due diligence, including independent valuations and surveys, to confirm the property’s true value considering its condition and the necessary renovations.

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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