Hall & Benson says ..

Property Oracle says ..

This three-bedroom, one-bathroom property in Shirland, Derbyshire is currently undergoing a substantial renovation. The provided photographs clearly show the house is far from complete, with various rooms containing building materials, exposed wiring, and unfinished work. The kitchen and bathrooms are partially fitted but need improvements. While some rooms show signs of recent work (new flooring, painted walls), much remains to be done. The exterior also requires attention, with the yard area appearing more like a storage yard for building materials and vehicles than a landscaped garden.

The property is located in Shirland, a village offering a balance of tranquility and convenience, being close to a well-regarded primary school and within a short distance of Alfreton with its railway connection. However, the price point is a considerable factor. While a comparable property on Fallow Close has recently sold for £400,000, the absence of square footage for these comparisons makes this price difficult to assess accurately. Furthermore, the significant amount of work still required before the property becomes habitable needs to be taken into account. Therefore, a potential buyer should factor in substantial additional costs and the considerable time and effort involved in completing the renovation before making a purchasing decision. Overall the property would benefit from the completion of the renovation prior to determining its value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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