Ashley Adams says ..

Property Oracle says ..

This three-bedroom terraced house in Normanton, Derby, presents a mixed bag for potential buyers. The property’s location offers some advantages in terms of proximity to several schools, with one rated as Outstanding by Ofsted. Train stations such as Peartree are relatively close. However, it’s important to acknowledge that Normanton is a less affluent area than some of the neighbouring districts of Derby. Thus, affecting its overall desirability and potential for property value appreciation.

In terms of condition, this property requires considerable updating and cleaning. The bathroom and kitchen are dated and show signs of wear and tear. While structurally sound, cosmetic improvements throughout the house are needed to meet contemporary standards. The bedrooms are functional but similarly need attention.

The inclusion of a small garden is a bonus, though the images suggest it might not be very large or well-maintained. It’s a basic garden space but could add value to those who want outdoor space.

The listing price of £160,000 falls in line with prices of similar properties in the immediate vicinity. This makes it reasonably priced but the need for substantial renovations should be factored into any offer. Therefore, buyers should conduct a thorough survey to fully assess the cost implications before proceeding. Overall, this property presents an opportunity for a buyer who is willing to invest time and money in renovations and is not overly concerned about the immediate desirability of the Normanton location.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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