Bairstow Eves says ..

Property Oracle says ..

This property is a 2 bedroom semi-detached house located in Hucknall, Nottingham. The property benefits from a small garden and is conveniently located near several primary schools, with Holy Cross Primary Catholic Voluntary Academy and Beardall Fields Primary and Nursery School both receiving a ‘Good’ Ofsted rating and within a 1km radius. Hucknall train station is also within easy reach, providing convenient access to Nottingham and other areas.

The property itself appears to be in reasonable condition, though some minor updates or cosmetic improvements might enhance its appeal. The kitchen and bathroom are functional, but could benefit from modernisation to increase the overall value. The property’s plot size of 587 sqft is relatively small, which is reflected in the lower average price per sqft in the area.

Considering the average house price in the area is £267,083 and the average price per sqft is £229, the list price of £180,000 for this 487.75 sqft property seems relatively low. However, this is likely due to the smaller size of the property and the fact that it may require some modernisation to reach its full market potential. Nearby comparable properties support this assessment, with prices ranging from £170,000 to £300,000, though the sqft of these properties is not provided making a direct comparison difficult.

The property would likely appeal to first-time buyers or investors looking for a property that requires minimal work but offers a potentially good return on investment after some improvements.

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

Images