Crookes is a very desirable area to live. It is close to the city centre and you are on your way to the countryside. There are a lot of student houses in Crookes, but there are also many non-student houses.

This house certainly a non-student house. It appears very old fashioned and is in need of modernisation. 

The kitchen seems ok, as do both bedrooms, but neither are very impressive.  I feel modern carpets in the dining room and living room are both needed, new light fittings would also modernise the property. 

A new bathroom I feel is needed, although it appears functional it is still old fashioned and a lot of buyers will not like this.

As an investment I feel it would be too costly and too time consuming to make this property ready to let. 

You are likely to achieve £600pcm if modernised, which would mean a yield of only 4.5% if purchased at asking price, this is not taking into account the cost to modernise the property.

This property will suit someone, but I feel it is too expensive and the amount of people it will suit will be far less than a more modern property which is likely to be for sale in Crookes at a similar price. I would not be surprised to see a reduction on this property, if not I expect this property to remain for sale for some time.

http://www.zoopla.co.uk/for-sale/details/34176572

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