Howards says ..

Property Oracle says ..

This property is a 3-bedroom, 1-bathroom terraced house located in Lowestoft, Suffolk. The property is listed at £180,000 and has 1,000 sqft of living space. The plot size is not specified. The property appears to be in good condition. The interior is well-maintained and decorated, with modern fixtures and fittings. The kitchen has been recently updated, and the bathrooms appear clean and functional. There is evidence of some modernisation, but the property retains some traditional character. The property benefits from a small rear garden with a shed and a pergola. While the garden is not expansive, it provides some outdoor space. The location is close to several schools and transportation links, including Lowestoft train station. The proximity to schools, such as Red Oak Primary School (rated ‘Good’ by Ofsted), is a positive aspect for families. Considering the average house price in the area is £221,160 and the average price per sqft is £244, the asking price of £180,000 for this 1,000 sqft property seems relatively reasonable, particularly given its good condition and convenient location. However, comparable properties on Salisbury Road have sold for varying prices, ranging from £43,250 to £175,000, suggesting some price volatility in the immediate vicinity. Further investigation into the specifics of these comparable sales is warranted to fully assess the value.

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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