Frank Innes says ..

Property Oracle says ..

The property is a two-bedroom terraced house located on Gutteridge Street in Coalville, Leicestershire. It is listed at £130,000 and has a total area of 637 sqft, situated on a plot of 712 sqft.

The location appears to be reasonably convenient, with several primary schools within a kilometer radius, all rated ‘Good’ by Ofsted. The proximity to these schools could be a significant advantage for families. However, information on nearby transportation links is missing, which would impact the overall location score. Nearby street average prices vary significantly, ranging from £130,000 to £240,000, indicating a degree of price variability in the immediate area.

Based on the provided images, the property’s condition appears to be fair. While the house seems structurally sound, it requires some level of modernization and updating. The interior shows signs of wear and tear, and the overall presentation is not particularly appealing. The presence of numerous boxes suggests that the property is currently being prepared for sale, but a lack of staging makes it difficult to assess the true condition accurately. The garden is small, but present.

Considering the list price of £130,000, the average price of similar properties in the area (£245,802), and the average price per sqft (£310), the property seems to be priced competitively, potentially reflecting its condition and smaller size. However, the lack of sqft data for nearby properties makes a definitive price comparison difficult. The price may be attractive to buyers seeking a property that requires some work but offers potential for improvement.

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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