BuckleyBrown says ..

Property Oracle says ..

This 3-bedroom, 2-bathroom property located on Newark Road, Wellow, Nottinghamshire, presents as a significant renovation project. The images depict a property in considerable need of repair and modernisation, with outdated fixtures and fittings and evidence of water damage or damp. Walls show signs of wear, carpets and flooring are old and stained, and the kitchen and bathrooms are visibly dated and require complete replacement. The property does, however, benefit from the inclusion of a garden, and outbuildings which may offer further scope for development. The location, although a village setting, benefits from its relative proximity to various schools which will be a benefit to families. Nearby street pricing data is limited and incomplete, making a definitive comparison difficult. However, given the extensive renovation necessary and the lack of details regarding land size, the list price of £350,000 may be slightly high, although considering the comparable properties needing work that are priced higher, this price may not be unreasonable. Ultimately, a buyer needs to weigh the considerable cost of renovation against the potential value once completed and the desirability of the village location.

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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