Hannells Estate Agents says ..

Property Oracle says ..

This three-bedroom semi-detached house in Spondon, Derby, presents a compelling opportunity for buyers looking for a property with significant potential. Located on Heronswood Drive, the home benefits from a convenient position near local amenities, schools and transport links to Derby. The mature and well-maintained garden is a notable asset, offering ample outdoor space.

Inside, the property is clean and habitable but reveals its age through outdated décor and features that could benefit from modernisation. This is reflected in the interior finishes, wallpaper and carpet. While the existing layout is functional, a contemporary update would certainly enhance the property’s overall aesthetic appeal and market value. The kitchen and bathroom show their age and could benefit from updates, though they appear to be functional.

Considering comparable properties in the area, which vary in price from £124,000 to £240,000 (some substantially more renovated), the asking price of £225,000 appears to be within the reasonable range, but it is important to conduct further checks and factor in the costs of renovation that are likely needed before making a purchase. The property’s strengths lie in its location, garden and potential to add value. The need for modernisation is a key factor to consider.

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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