PK Urban Property Limited says ..

Property Oracle says ..

This four-bedroom terraced house in Stapleford, Nottingham, presents itself as an investment opportunity requiring substantial renovation. Located on Nottingham Road, the property benefits from being near well-regarded primary schools, such as St John’s Cofe Primary and Wadsworth Fields Primary, both rated ‘Good’ by Ofsted. This makes it potentially attractive to families seeking a property in the area.

The property’s condition, however, presents a significant challenge. Images reveal outdated interior finishes, including carpets and wall coverings, suggesting the need for full modernisation. The kitchen and bathrooms appear particularly dated and require complete refurbishment. The overall aesthetic is somewhat run-down and in need of modernisation.

The available land appears limited, with only a small front garden area visible. The external structure of the property seems to be in relatively sound condition, though further assessment would be needed to determine its structural integrity fully. The precise size of the property and any rear garden area is unclear due to the lack of sq ft data.

The listed price of £135,000 appears to be slightly above average for similar properties in the immediate vicinity needing modernisation; however, the lack of sufficient information regarding the property’s square footage makes it difficult to make a definitive value per square foot assessment. Potential buyers should be aware of these limitations and conduct thorough inspections and obtain professional property valuation before considering this property. The property’s potential lies in its location and the possibility to increase value significantly after renovation, which will be costly and time-consuming. Overall, it is a potentially worthwhile investment but would need careful consideration and planning before committing to purchase.

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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