Wallace Jones says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom house with a total area of 606.22 sqft, listed at £185,000. The property benefits from a garden and off-street parking. The images show the property to be in generally good condition, although some minor cosmetic upgrades might enhance its appeal. The kitchen and bathrooms appear relatively modern and well maintained. The location in Derwent, Derby, places it within reasonable proximity to several schools and Derby train station. However, without further information on the quality of local amenities and the specific character of the neighborhood, a definitive assessment of location quality is difficult. The property’s plot size is listed as 0.00 sqft, which is inconsistent with the images showing a garden. This discrepancy needs clarification. The presence of a garden is positive. Considering the list price of £185,000 and the average price per sqft in the area of £377.00, the property appears to be priced competitively. However, the average house price in the area is significantly higher (£376,338), suggesting that this property may be undervalued, particularly considering its apparent good condition and the presence of a garden. The nearby comparable properties listed between £165,000 and £200,000 support this conclusion. Further analysis of the sqft of comparable properties would provide a more precise evaluation of the price.

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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