Purple Frog Property Limited says ..

Property Oracle says ..

This four-bedroom, two-bathroom terraced house situated on Park Road in Lenton & Wollaton East, Nottingham, is currently listed for £285,000. The property’s location is a strong selling point, with an outstandingly rated primary school within close proximity and Nottingham city centre readily accessible. While the provided photographs indicate a reasonably maintained property, some areas, particularly the bedrooms, appear rather basic and require further assessment. The kitchen and bathrooms, however, show signs of recent updates, suggesting maintenance has been undertaken in those areas. The property is described as an HMO (House of Multiple Occupancy) suggesting it might be aimed towards rental income from student tenants. The significant lack of information such as plot size, precise dimensions and general property specifications makes it difficult to conduct a more detailed assessment of the property’s value. Overall, potential buyers will want to conduct a full inspection of the property to make an informed decision, particularly regarding the size and overall condition of the house. The price seems reasonable, given its location and rental potential, but a full property survey is advisable before committing to a purchase, to gain a complete perspective of the property’s condition and value. The lack of garden space is also a consideration.

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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