Bairstow Eves says ..

Property Oracle says ..

The property is a 2-bedroom terraced house located on Merchant Street in Bulwell, Nottingham. The list price is £140,000. The property benefits from being close to several primary schools with good Ofsted ratings, including Bulwell St Mary’s Primary and Nursery School and Cantrell Primary and Nursery School, both within a kilometre. Bulwell train station is also conveniently located approximately 0.55km away, providing easy access to Nottingham and other areas. This positive proximity to amenities and transport links suggests a reasonably good location score. Based on the provided images, the property appears to be in generally good condition. The kitchen and bathroom seem recently updated or well-maintained. While there is no obvious need for major renovations, some minor cosmetic improvements might enhance the overall presentation. The garden is small but enclosed, providing some outdoor space. Considering the list price of £140,000, the average house price in the area is significantly higher at £595,769. However, the average price per square foot is £567, and this property is larger than average at 1647.5 sqft. Nearby comparable properties on Merchant Street are listed between £45,000 and £150,000, indicating that the list price falls within the range of similar properties in the immediate vicinity. While the average area price is much higher, the local market for similar properties suggests that the £140,000 list price might represent reasonable value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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