Edlin & Jarvis Estate Agents Ltd says ..

Property Oracle says ..

This two-bedroom, end-terraced house in Fernwood, Nottinghamshire is listed for £95,000 as a 50% shared ownership property. The property comprises an entrance hall, downstairs WC, kitchen, lounge/diner with French doors leading to a small garden, two double bedrooms, and a family bathroom. The photos reveal a clean and well-maintained interior; however, the kitchen seems to show some wear and tear, suggesting that some minor updates may be advisable in the future. The small garden offers some outdoor space but is relatively compact. The location benefits from nearby schools (with varying Ofsted ratings), and is within a reasonable distance of Newark, providing access to a wider range of amenities. However, more information is needed on the quality of local transport links, except for some train stations quite a distance away. The property appears to be competitively priced, although accurate comparison is hindered by the lack of definitive data on the price per sqft for similar houses in the neighbourhood. Potential buyers should consider that the property is listed as a 50% shared ownership, requiring careful examination of the associated agreements and responsibilities. Overall, it presents a viable option for first-time buyers or those seeking an affordable property in a family-friendly location, especially considering the shared ownership element that reduces the initial investment. However, a thorough inspection of the property is recommended before making a purchase decision. Therefore, we give this property 6 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

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