Spalding & Co says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located in Wells-next-the-Sea, North Norfolk. The list price is £495,000. Based on the provided images, the property appears to be a traditional property that is in need of some modernisation. The interior decor is dated and some updating of fixtures and fittings would enhance the property. The kitchen and bathroom are particularly in need of updating. The property benefits from a small, manageable rear garden. The average price for properties in the area is £442,500, and the average price per square foot is £435. This property is smaller than average at 468 sqft, and therefore the price per sqft is significantly higher than the average. However, the location in Wells-next-the-Sea is desirable, and the property’s traditional character and small garden add to its appeal. The proximity to local schools, Alderman Peel High School and Wells-Next-The-Sea Primary And Nursery School, is a positive attribute for families. Considering the need for modernisation, the relatively small size of the property, and the higher than average price per sqft, the list price of £495,000 appears to be at the higher end of the market value for this type of property in this location. However, the desirability of the location and the property’s character could justify the price for the right buyer.

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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