Bricks and Mortar says ..

Property Oracle says ..

The property is a detached bungalow located on High Street, Bonsall, Derbyshire. Bonsall is a village in the Derbyshire Dales, offering a peaceful yet convenient location. The proximity to Matlock (approximately 3.7km) provides access to more amenities and transport links, including the East Midlands Railway. Several primary schools with “Good” Ofsted ratings are within a reasonable distance, making it potentially attractive to families. The plot size is 1,550 sqft, which is relatively modest but provides a garden area.

The property itself appears to be in need of significant renovation. The interior photographs show dated fixtures and fittings, exposed brickwork and damaged walls requiring repair. The kitchen and bathroom are particularly outdated and would need complete modernisation. The overall condition suggests a considerable amount of work is needed to bring the property up to modern standards.

Given the average price per sqft in the area is £318 and the property is listed at £400,000 with a sqft of 1,202.93, the price per sqft is approximately £332. This is slightly above the average for the area. Considering the condition of the property and the need for extensive renovation, the asking price may be considered slightly high compared to the average property price of £406,667. However, the location and the presence of a garden could justify a slightly higher price per sqft. A more accurate assessment of the price would require a detailed survey and costings for the necessary renovations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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