HoldenCopley says ..

Property Oracle says ..

Mapperley Park is a highly sought-after area of Nottingham, known for its large Victorian and Edwardian family homes. The property’s location is convenient, with good access to local amenities and transport links. The proximity to Nottingham city centre is also a plus. However, the Ofsted rating of the nearest school, Jamia Al-Hudaa Residential College, is listed as inadequate, which could be a concern for families with school-aged children. Further investigation into the quality of other nearby schools would be recommended.

The property itself appears to be in need of some modernisation and updating. While the original features, such as stained-glass windows and fireplaces, add character, the interior requires significant work. The carpets and some of the wall finishes are dated, and the kitchen and bathrooms are in need of refurbishment. This is reflected in the numerous photos provided.

The property benefits from a sizeable garden, offering ample outdoor space. The garden appears to be well-established, though it could benefit from some landscaping. The significant plot size is a significant advantage in this area.

Considering the property’s condition, the need for modernisation, and the relatively large plot size, the list price of £395,000 is higher than the average price for the area (£249,382). However, the average price per square foot in the area (£266) is significantly lower than what would be expected for a property of this size and location, even considering the need for renovation. The list price seems potentially high, but comparable properties in the area appear to be listed at similar or higher prices, suggesting it may be in line with current market values for this type of property in Mapperley Park. A detailed comparison with similar recently sold properties would be beneficial to confirm this.

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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