Frank Innes says ..

Property Oracle says ..

This two-bedroom property located on Stenson Road in Derby’s Normanton area is listed for £55,000. The property appears to be a part of a complex of similar units and is presented as a retirement apartment. From the photographs, the property’s condition seems satisfactory. The interior is dated and functional, and some cosmetic improvements could likely enhance its overall appeal and value. The kitchen and bathroom, while clean and equipped with essential fixtures, would benefit from modernisation. The property features a relatively well-maintained garden space, a feature which could add to its desirability, particularly considering its target demographic. The proximity to local amenities, schools (some of which are rated as requiring improvement), and train stations suggests the location is reasonably convenient, but prospective buyers should independently verify the suitability of the location to their needs. The lack of precise comparative property data based on square footage makes a definitive valuation comparison challenging. However, given its size, age, and location, the list price appears to align with the overall market trend for similar properties in the area, though modernization is likely required to reach optimal value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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