Brown & Co says ..

Property Oracle says ..

This property is a one-bedroom, one-bathroom terraced house located in Gimingham, a village near Norwich in Norfolk. The property is listed for £150,000 and has a floor area of 630.01 square feet. The plot size is not specified.

The exterior of the property is attractive, featuring a flint and brick facade. Images show a small, manageable garden to the rear, containing a shed and some raised planting beds. The garden appears to be in need of some attention.

Internally, the property requires some modernisation and updating. The decor is dated, and some repairs are needed to walls and ceilings in several rooms. The kitchen and bathroom are also dated and would benefit from refurbishment. The property has built-in storage.

The average house price in the area is significantly higher (£371,378) than the listing price of this property. However, the average size of properties in the area is also much larger (1,738 sq ft), and the average price per square foot (£213) is substantially more than what is being asked for this property. The lower price point is likely reflective of the property’s condition and smaller size, requiring significant investment for modernisation and improvements. The proximity to nearby amenities such as schools and transportation links is a positive aspect of the property’s location. However, the lack of detailed information on the exact distance to local amenities and the quality of local schools makes a definitive assessment difficult.

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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