eXp UK says ..

Property Oracle says ..

The property is a two-bedroom, two-bathroom apartment listed at £129,950. The apartment appears to be in good condition from the provided photographs. The interior is modern and well-maintained, with a contemporary kitchen and bathrooms. There is no evidence of significant repairs or renovations needed. The location in Chellaston, Derby, benefits from its proximity to Homefields Primary School (0.27km), Chellaston Academy (1.09km), and other schools. The presence of nearby transportation links, including Peartree, Derby, and Spondon train stations, adds to the convenience of the location. While the plot size is listed as 0.00 sqft, the property includes a balcony, offering some outdoor space. This is a key feature often sought after in apartment living. Considering the list price of £129,950, the average price for properties in the area is significantly higher at £376,338. The average price per sqft is £377.00, however, the sqft for this property is not provided. While the property is an apartment and therefore smaller than the average house in the area, the price point is considerably lower than the average. This could be due to the smaller size, the fact that it is an apartment, or other factors not detailed in the provided information. Given the apparent good condition of the apartment and its convenient location, the listed price may represent good value for money, especially when considering the potential rental income if the tenant remains in situ. However, a definitive conclusion on price value requires the sqft of the property.

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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