Burchell Edwards says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located on Cromford Road in Langley Mill, Nottingham. The list price is £70,000. The property appears to be in need of some modernisation and updating. The flooring, walls and some fixtures and fittings look dated and worn. There is evidence of some damage to the walls in several rooms. Whilst the property is habitable, significant work would be required to bring it up to a modern standard. This includes redecoration throughout, potential plumbing and electrical upgrades, and possible kitchen and bathroom renovations. The property benefits from having a rear garden, although it appears to be somewhat overgrown and in need of attention. The garden is relatively small. Considering the property’s condition, the list price of £70,000 appears relatively low compared to the average house price in the area (£204,125). However, the average price per square foot (£227) might suggest that the property is priced competitively, even considering the required modernisation. Nearby comparable properties on Cromford Road have sold for significantly higher prices, ranging from £87,950 to £143,000. The lower list price of this property is likely a reflection of its condition and the need for substantial renovation work. The proximity to Langley Mill train station and several schools is a positive aspect of the location.

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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