Ben Allman Estate & Letting Agent says ..

Property Oracle says ..

The property is a semi-detached bungalow located in Hellesdon, Norfolk. It benefits from being close to several schools, including Hellesdon High School (rated ‘Good’ by Ofsted), Kinsale Junior School, Kinsale Infant School (rated ‘Good’), Arden Grove Infant and Nursery School (rated ‘Outstanding’), and Firside Junior School (rated ‘Good’). The proximity to these well-regarded schools is a positive attribute for families. Norwich is also within reasonable commuting distance by car.

The property itself is a 2-bedroom, 1-bathroom bungalow with a total area of 778.23 sqft. The images reveal that the property requires some modernisation. The carpets and decor appear dated, and some minor repairs may be necessary. The kitchen and bathroom fixtures are also showing their age. The property has a small garden with a conservatory. The size of the garden is relatively modest.

Considering the average house price in the area is £346,152 and the average price per sqft is £282, the listed price of £200,000 for this 778.23 sqft property appears to be significantly below average. However, this lower price is likely reflective of the property’s condition and the need for modernisation. Nearby comparable properties on Nursery Close are listed between £130,000 and £195,000, supporting the comparatively lower list price. The lack of plot size information makes it difficult to accurately assess the land value.

Based on the provided information, the property presents a potentially good value opportunity for a buyer willing to undertake some renovations. The location is positive, with good schools nearby, but the property itself needs updating.

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

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