Hall & Benson says ..

Property Oracle says ..

This semi-detached bungalow in Mickleover, Derby is listed at £220,000. The property benefits from a good-sized garden, as shown in the photos. However, the interior photos reveal that the property is in need of some modernisation. The kitchen and bathroom appear dated, and the carpets throughout the house look worn. The property is located on Chestnut Avenue, which has seen sales in the range of £135,000 to £200,000 for similar semi-detached properties. Nearby, larger detached bungalows are selling for significantly more. Given the average price per square foot in the area is £377 and this property is 450 sqft, a price in the region of £169,650 might be expected. However, the presence of a garden and its location in Mickleover, close to schools and transport links, could justify a higher price. The list price of £220,000 appears on the higher end of the range for similar properties in the area, considering its condition. Overall, this property presents a potential opportunity for someone looking for a project to renovate and add value, but the asking price should be carefully considered in relation to the necessary improvements.

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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