David James Estate Agents says ..

Property Oracle says ..

This two-bedroom terraced house located on Elford Rise in Sneinton, Nottingham is presented as a refurbishment project. The property’s location offers reasonable access to Nottingham city centre and amenities, including several well-regarded primary schools within a short distance. However, it is important to note that Sneinton’s desirability and property prices can vary significantly depending on the specific street and condition of the property. The property itself is in significantly poor condition, requiring extensive renovations before it becomes habitable. All surfaces are dated and need to be replaced. The garden space is small and in need of care. The photographs reveal dated fixtures and fittings throughout, worn floors, and damaged wall coverings, indicating a need for complete modernisation. While the asking price of £120,000 may seem appropriate for a well-maintained property in this location, the significant refurbishment costs mean a more accurate valuation is necessary. Prospective buyers should budget considerably for renovations before purchasing this property. The limited data regarding nearby properties’ square footage makes a precise comparison challenging, however, the overall condition impacts the value significantly. Overall, this property offers an opportunity for a buyer who is willing and able to undertake substantial renovation work and who appreciates the area’s convenience to Nottingham city centre and surrounding amenities. The property requires considerable investment to improve its value.

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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