Robert Ellis says ..

Property Oracle says ..

This four-bedroom property located on City Road in Nottingham’s Lenton & Wollaton East area presents a mixed bag of attributes. Its key strength lies in its location, offering proximity to Nottingham University and the Queen’s Medical Centre, making it a potentially lucrative investment for buy-to-let investors targeting students and hospital staff. The presence of several good schools nearby adds to its appeal for families as well. The property itself is a four-bedroom house, a significant advantage in a location where demand for student housing is high. The interior is functional, though showing its age. The kitchen and bathroom are clean and functional but could benefit from modernization. The property’s condition is acceptable but not outstanding. One notable drawback is the extremely limited outdoor space, essentially just a paved area and a small shed. The lack of a garden might deter some buyers. The list price of £260,000 appears to be in line with the market value for similar properties in the area, considering its location, size, and condition. However, potential buyers should factor in the cost of potential renovations to enhance the property’s appeal and market value.

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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