Allsop says ..

Property Oracle says ..

This property at 64A Burford Road, Nottingham, is a one-bedroom, one-bathroom property presented in a poor state of repair. The images depict significant damp issues, peeling wallpaper, and a general need for extensive renovation throughout the house and the garden. While the location in Nottingham offers proximity to schools and transport links, the condition of the property itself is a major drawback. The exterior suggests it’s part of a terrace of houses. A notable feature is the presence of a small rear yard, though it also appears overgrown and neglected. Given the low list price of £45,000, it’s clear the potential buyers will be those seeking a fixer-upper project; this price would have to be taken with the expectation of substantial renovation costs. This is a property that is unlikely to appeal to those seeking move-in ready accommodation. The area itself is characterized by diverse average house prices on nearby streets which suggest a range in property values and neighborhood desirability, with some indicating higher-value properties in the region. This price makes the property potentially attractive to investors or those with a significant budget for refurbishment and the time to complete the necessary renovations. The lack of square footage data makes it difficult to ascertain the value per square foot, making a direct comparison to nearby properties challenging. Further investigation into the specifics of the property’s structure, potential for extension, and local planning regulations are necessary for a thorough property assessment.

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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