Leaders Sales says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located on Albany Road in Lowestoft, Suffolk. The list price is £130,000, and the property has 891 sqft of living space. The property appears to be in reasonable condition, although some minor cosmetic updates might enhance its appeal. The kitchen and bathrooms seem functional but could benefit from some modernisation. The exterior shows some signs of age, but nothing that appears structurally unsound. The property benefits from a small, enclosed rear garden, which is a positive feature, especially given its location in a town setting. While not extensive, it provides a private outdoor space. Considering the average house price in the area is £177,500 and the average price per sqft is £196, the list price of £130,000 for this 891 sqft property seems relatively low. However, this needs to be considered in the context of the property’s condition and the fact that it is a terraced house. The lower price may reflect the need for some modernisation. Nearby comparable properties on Albany Road have sold for significantly less, supporting the argument that the list price is reasonable given the current market.

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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