McHugh & Co says ..

Property Oracle says ..

This property is a two-bedroom terraced house located on Navigation Street in Measham, Swadlincote. The list price is significantly below the average price for the area, which is approximately £296,187. However, the property appears to be in need of significant renovation, as evidenced by the photographs. The garden is overgrown and requires attention. Nearby properties on Navigation Street have sold for prices ranging from £56,500 to £240,000, indicating a wide range of values in the area. The proximity to several schools, including Measham Church of England Primary School (rated Good by Ofsted), could be considered a positive aspect of the location. The lack of information regarding square footage and plot size makes a comprehensive valuation difficult. Given the condition of the property and the need for extensive renovations, the list price of £40,000 may appear low initially; however, considering the necessary work, it might be a more accurate reflection of the property’s current market value. A full structural survey is recommended before purchase.

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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