Frank Innes says ..

Property Oracle says ..

The property is a 3-bedroom bungalow located in Gedling, Nottingham. The list price is £260,000. Location: The property is situated in the Phoenix area of Gedling, Nottingham. Several schools are within a reasonable distance, including Stanhope Primary and Nursery School (0.36km), Carlton Digby School (0.69km), and several others within 1km. The proximity to these schools could be attractive to families. Several train stations are also within a few kilometers, providing convenient access to Nottingham and other areas. This is a positive factor for the location score. Condition: Based on the provided images, the property appears to be in reasonable condition. The kitchen and bathroom seem well-maintained and modern. While the property shows signs of age, there are no obvious signs of significant disrepair or the need for extensive renovation. The property’s interior is clean and well-presented, suggesting that it has been well-cared for. Land: The property includes a garden with a patio area and a conservatory. The plot size is 861.11 sqft, which is a decent size for a bungalow, especially given the presence of the patio and conservatory, which adds value. Price: The list price of £260,000 seems relatively reasonable considering the average price of £288,232 for properties in the area. The property’s size (881.99 sqft) is slightly larger than the average (790 sqft) in the area. While the average price per sqft is £364, the lack of sqft data for nearby properties makes a direct comparison difficult. However, considering the condition, location, and land size, the price appears to be in line with the local market. Further analysis of comparable properties with available sqft data would provide a more precise assessment.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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