TW Gaze says ..

Property Oracle says ..

The property is a 3 bedroom, 2 bathroom detached house located on Crown Street, Banham, in Norfolk. It is listed for sale at £550,000. Location: Banham is a small village in Breckland, Norfolk. The property is conveniently located close to Banham Primary School (0.21km), which could be a significant factor for families. There are also other schools within a reasonable distance, including Old Buckenham Primary School and Nursery (4.04km) which has a good Ofsted rating. Train stations are also within reach, with Attleborough and Eccles Road stations both approximately 7km away. The proximity to these amenities makes the location relatively desirable. Condition: The property appears to be a period property, showcasing original features such as exposed beams and brickwork. However, the images suggest the property is in need of some modernisation and renovation. The interior finishes appear dated, and some areas show signs of wear and tear. A full renovation may be required to bring it up to modern standards. Land: The property includes a garden with a unique, formal design featuring manicured hedges. The size of the plot is 1,533.20 sqft, which is relatively small compared to many properties in the area, but still provides a private outdoor space. Price: The list price of £550,000 is higher than the average price of £482,222 for properties in the area. However, the average size of properties in the area is 1,286 sqft, whereas this property is 1,127.92 sqft. The average price per sqft is £374. While the asking price is above average, the unique character and features of this period property, along with its location and garden, may justify the higher price point. A detailed comparison with similar properties in the immediate vicinity would be needed to fully assess the value. The lack of sqft data for nearby properties makes a precise price comparison difficult. Based on the provided information, the property presents a unique opportunity. However, potential buyers should factor in the cost of necessary renovations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images