Nicholas Humphreys says ..

Property Oracle says ..

The property is a terraced house located on Dean Street in Derby, Derbyshire. The asking price is £140,000. The property appears to be in need of some modernisation and renovation. The walls show some signs of damp or damage in several rooms, and the overall condition of the property seems below average for the area. The kitchen and bathroom are dated and would benefit from updating. The property benefits from having a small rear garden. While not extensive, it does provide some outdoor space. Considering the average house price in the area is significantly higher at £340,786, and the average price per square foot is £380, the listed price of £140,000 for this property might seem reasonable, especially given its condition and the smaller size. However, without knowing the square footage of the property, a definitive statement on value cannot be made. Nearby comparable properties on Dean Street sold for between £57,000 and £94,000, suggesting the £140,000 asking price may be on the higher end. The property’s proximity to schools and transport links is a positive factor.

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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