FHP Living says ..

Property Oracle says ..

The property is a 3-bedroom apartment located in Nottingham’s The Park area, with a list price of £550,000. The property benefits from a plot size of 1,505.30 sqft.

The location is excellent, situated in The Park, a highly desirable area of Nottingham known for its leafy streets and proximity to Nottingham Castle. Several good schools are within a reasonable distance, including Edna G. Olds Academy (Outstanding Ofsted rating) and The Nottingham Trent University. Nottingham train station is also relatively close, providing good transport links.

Based on the photos, the property is in excellent condition. It has been recently renovated or refurbished to a high standard, featuring modern fixtures and fittings throughout, while retaining some period features. The interior is presented in a contemporary style.

The property includes a substantial garden, as evidenced by the aerial photographs. The size of the garden adds significantly to the desirability and value of the property.

Considering the average house price in the area is £302,231 and the average price per sqft is £288, the list price of £550,000 appears high, even considering the property’s excellent condition, desirable location, and substantial garden. However, nearby comparable properties such as 29 Cavendish Road East (£1,700,000) and 20 Cavendish Road East (£531,000) suggest that prices in this specific area can vary significantly depending on the size and style of the property. The lack of sqft information for the subject property and its neighbours makes a definitive price per sqft comparison difficult. Therefore, a more detailed analysis would require more precise square footage data for a more accurate price assessment. The property is likely to appeal to buyers seeking a high-quality, well-located home in a desirable area.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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