The asking price of £200,000 seems reasonable considering the location and the property’s condition. Nearby comparable properties on Derby Road show a range of prices, reflecting variability in size and condition. The lack of square footage information for the comparables makes precise comparison challenging, but the price seems within the typical range for a two-bedroom property in Melbourne. However, a smaller-than-average plot size might slightly impact value.

The property appears to be in reasonably good condition. The interior photos show a clean and well-maintained property, though it could benefit from some upgrades and modernisation. The exposed beams add character, but the overall aesthetic may not appeal to all buyers. It’s not in need of major repair, but some cosmetic updates would enhance its appeal.

Melbourne is a desirable village in South Derbyshire, known for its Georgian architecture and amenities. The proximity to good schools (Melbourne Junior and Infant Schools, both with good Ofsted ratings) is a significant plus for families. While not directly on major transport links, the train stations at Peartree and Spondon are within a reasonable driving distance, making it accessible to wider areas.

The property has a small rear garden, but it’s not substantial. The garden appears manageable but lacks significant size or noteworthy features like mature trees or landscaping which could greatly increase its value. For a property in Melbourne, a larger garden would be desirable.