Austwick Berry Estate Agents says ..

Property Oracle says ..

The property is a 7-bedroom, 2-bathroom detached house located on Cobbold Road in Felixstowe, Suffolk. It is a period property that requires renovation. The location is good, with several schools within a reasonable distance, including Fairfield Infant School (0.71km), Colneis Junior School (1.18km), and Felixstowe International College (1.51km). The proximity to Felixstowe train station (0.64km) provides convenient access to public transportation. Based on the images provided, the property is in need of significant renovation. The interior shows worn flooring, outdated fixtures, and requires extensive modernisation throughout. The exterior also shows signs of disrepair, particularly the overgrown garden. This contributes to a low condition score. The plot size is listed as 0.00 sqft, suggesting a very small or non-existent garden. This is a significant drawback, especially considering the size of the house. Considering the property’s condition, the small plot size, and the average price per sqft in the area (£319), the list price of £350,000 may appear reasonable for the number of bedrooms, but it is important to factor in the extensive renovation costs required. The average house price in the area is £353,422, which is very similar to the list price, but the average sqft is significantly larger (1105 sqft vs 684.15 sqft). Nearby comparable properties are significantly more expensive, suggesting the list price may undervalue the property if renovated to a high standard. However, the current state of disrepair should be factored in.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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