Spencer Road, Rendlesham, IP12
PO

Spencer Road, Rendlesham, IP12

By Potter's Estate Agents

£ 150,000

Reviews

2 out of 5 stars

Potter's Estate Agents says ..

A first floor apartment located in the Village of Rendlesham. Two double bedrooms, large lounge, kitchen/diner, bathroom, with ample storage and allocated parking.

Property Oracle says ..

The property is located in Rendlesham, a village in East Suffolk. While the provided data doesn’t offer rich detail on the desirability of this specific location, the proximity to Rendlesham Primary School and Rendlesham Children’s Centre (0.79 KM) could be attractive to families. Additional nearby schools, though further away, further enhance the area’s family-friendly appeal. The presence of nearby transportation options, Wickham Market and Melton (Suffolk) train stations, improves accessibility. However, without more information on local amenities and overall village atmosphere, a definitive assessment of location quality remains limited. Based on the provided images, the property appears to be in generally fair condition, though it shows signs of requiring some modernisation. The kitchen and bathroom fixtures seem dated, and an overall refresh could significantly improve the property’s appeal and value. The flooring and wall finishes appear adequate but lack contemporary style. While structurally sound, a degree of cosmetic updating is evident.The images suggest the property benefits from access to communal green space, providing outdoor amenity. However, the lack of a private garden should be noted.The list price of £150,000 is significantly below the average house price in the area (£419,684). However, the absence of square footage data for the subject property prevents a direct comparison using price per square foot. Considering the property’s apparent need for modernisation and the smaller size typical of flats compared to the average house size, the price may be reasonable relative to the local market for similar properties. The nearby comparable properties listed at varying prices further support the need for a more detailed analysis to accurately assess the property’s value. A precise price evaluation requires more definitive data on the property’s size and condition.

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

Price
7
Condition
6
Location
6
Land
4
Bedrooms
2
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
428,426.00 £
Increased by 17.04 %
from 366,042.00 £
Average area rental value
1,080.00 £/mo
Increased by 16.50 %
from 927.00 £/mo
Est rental Yield
3.03 %
Decreased by 0.33 %
from 3.04 %
Crime Rate
149.00 %
Unchanged by 0.00 %
from 149.00 %

Agent Activity

  • Potter's Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Rendlesham Primary SchoolAcademy Converter0.79 KM
Rendlesham Children'S CentreChildren's Centre0.79 KM
Eyke Church Of England Primary SchoolAcademy Sponsor LedGood4.71 KM
Sandlings Primary SchoolCommunity SchoolGood6.87 KM
Wickham Market Primary SchoolAcademy ConverterGood7.21 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Park Close £ 270,00000.00 KM
Abbey Close £ 310,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Wickham Market7227WCM3.23 KM
Melton (Suffolk)7221MES9.65 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spencer Road, Rendlesham, IP12 £ 150,000BUY5 / 100.00 KM
Spencer Road, Rendlesham, Woodbridge, Suffolk, IP12 £ 160,000BUYUnknown0.03 KM
Redwald Road, Rendlesham, Woodbridge £ 170,000BUY5 / 100.16 KM
Thellusson Road, Rendlesham, IP12 2TD £ 150,000BUY4 / 100.16 KM
Redwald Road, Rendlesham, IP12 2TF £ 260,000BUY6 / 100.21 KM

Nearby Properties

AddressPriceDistance
51 Spencer Road £ 113,0000.03 KM
31 Spencer Road £ 97,5000.03 KM
19 Spencer Road £ 125,0000.03 KM
3 Spencer Road £ 260,0000.03 KM
34 Spencer Road £ 120,0000.03 KM