Purplebricks says ..

Property Oracle says ..

The property is a two-bedroom terraced house located on Farley Street in Bulwell, Nottingham. It has a relatively small plot size of 591 sqft and an internal area of 152.13 sqft. The list price is £115,000. The property’s condition appears to require some renovation. The images show dated interiors, and some areas appear to be in need of repair or updating. The kitchen and bathroom are particularly tired and in need of modernisation. The property benefits from having a garden, although the images suggest that it is also in need of some attention. Considering the average house price in the area is significantly higher (£595,769), and the average price per sqft is £567, this property is priced considerably lower. However, this is likely reflective of its condition and the need for renovations. The nearby properties on Farley Street are also priced lower than the average for the area, suggesting that this street is generally more affordable. The proximity to local schools and transport links is a positive aspect of the location. Given the property’s condition, the small plot size, and the need for renovation, the list price of £115,000 may represent relatively good value for money, especially when compared to the average prices in the area. However, potential buyers should factor in the cost of necessary renovations when making an offer.

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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