Ashley Adams says ..
NO CHAIN - A fantastic opportunity for a investor or first time buyer to acquire this two double bedroom, two reception room terraced property in Derby.
This two-bedroom terraced house on Harrison Street in Derby's Abbey area presents a mixed bag for prospective buyers. The property's location is a strength, offering relatively easy access to schools and the city centre, making it appealing to families and those seeking convenient amenities. However, the property's condition is a more significant factor in evaluating its overall value. The provided images show a property that's lived-in and in need of some updating. The interior is dated, with finishes and fixtures that could benefit from modernisation. Whilst this could be viewed as an opportunity for buyers looking to improve a property to their own taste, it's equally possible that the cost of these improvements would offset any potential saving in the initial purchase price. The small, paved rear garden offers limited outdoor space, which could be a drawback for some. Overall, the property presents a reasonable investment opportunity for those comfortable taking on a renovation project or for investors willing to upgrade before renting. The lack of accurate square footage data on nearby properties makes definitive price-per-square-foot comparisons impossible, but the listing price appears to be in line with the general market trends in the locality. Buyers should approach this property with a thorough survey and realistic budgeting for renovation costs.
Therefore, we give this property 5 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*
