BuckleyBrown says ..

Property Oracle says ..

The property is located in Lower Somercotes, Somercotes, Alfreton, Derbyshire. While the provided data doesn’t offer detailed insights into the desirability of this specific location, the proximity to several schools (Riddings Infant and Nursery School, Riddings Junior School, Somerlea Park Junior School, Somercotes Infant and Nursery School, and Ironville and Codnor Primary School) suggests family-friendliness. The relatively close distance to Alfreton train station (East Midlands Railway) also improves accessibility. Further analysis of local amenities and market trends would be beneficial to fully assess the location score. The property appears to be undergoing renovation or is recently renovated. Images show a modern kitchen and bathroom installation, however, other areas such as the flooring and some wall areas require attention. The overall condition is inconsistent, with some areas showing significant improvements while others are unfinished or in need of repair. This suggests a property that is not in ‘move-in’ condition, requiring further investment from the buyer. The property includes a small garden area. While the exact size isn’t specified beyond the plot size matching the house size, the images suggest a modest outdoor space, which is typical for terraced properties in this area. The garden appears to be overgrown and in need of landscaping. The list price is £130,000. Considering the average price for properties in the area is £164,369, and the average price per square foot is £218, this property is priced significantly lower. However, the property’s condition needs to be factored in. The requirement for further renovation work could offset the lower price, making it potentially a reasonable price for a buyer willing to undertake the necessary improvements. A direct comparison to similar properties in the area with similar square footage and condition is needed for a more precise evaluation. The available data on nearby properties lacks sufficient detail (missing square footage) to make a robust comparison.

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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