Martin & Co says ..

Property Oracle says ..

This three-bedroom terraced house in Normanton, Derby, presents a mixed bag of opportunities and challenges for potential buyers. The property’s location offers some benefits, being within reasonable distance of several schools and transport links. However, the photos reveal a property in need of modernisation and refurbishment. The kitchen and bathroom have recently been updated but other areas including walls and floors need attention. The lack of detail on plot size and overall square footage means it is difficult to assess the overall value of the property. The list price of £130,000 appears potentially reasonable, especially compared to some nearby listings, but the cost of necessary work will significantly affect its overall value. Potential buyers should carefully consider the renovation costs, alongside the area’s overall desirability, before making a purchasing decision. A thorough property survey is highly recommended to assess the full extent of any required work. The absence of square footage information is a notable issue as a key element for valuation.

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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