Auction House says ..

Property Oracle says ..

The property is a two-bedroom apartment located in Carlton, Nottingham. The apartment is on the top floor of Sandpiper House and benefits from exposed brickwork, which adds character. The location is reasonably convenient, with Carlton train station being less than a kilometer away, offering links to Nottingham and beyond. Several primary schools are within a reasonable distance, although specific Ofsted ratings are not provided.

The apartment’s condition appears to be fair. While the bathroom and kitchen seem reasonably functional, the flooring and general finish in the bedrooms and other areas suggest that some level of renovation or modernisation would be beneficial to enhance its overall appeal and value. The exposed brickwork is a positive feature, but the overall condition needs improvement.

The property lacks a garden or any significant outdoor space, as it is an apartment. This is a common feature for apartments and is reflected in the plot size of 0 sqft.

Considering the list price of £55,000, the average price per square foot in the area is £242. Given the property’s size (616 sqft), a comparable price might be expected to be around £149,000. However, the condition of the property and the lack of outdoor space significantly impact its value. The significantly lower list price may reflect the need for renovation and the lack of outdoor space, making it potentially more affordable than similar properties in better condition. However, potential buyers should factor in the cost of renovations. Nearby comparable properties are listed for around £60,000, supporting the lower list price, although the square footage of these properties is not provided.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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