Aldreds says ..

Property Oracle says ..

The property is a two-bedroom flat listed at £125,000. The flat is situated in Stalham, North Norfolk. Stalham is a small town with a number of amenities including shops, schools and a children’s centre. There are several schools within a reasonable distance, including Stalham High School and Stalham Academy, both of which have a ‘Good’ Ofsted rating. This suggests the location is reasonably convenient for families. The images show a property that appears to be in good condition. The interior is clean and well-maintained. The kitchen and bathroom appear modern and functional. There is no obvious evidence of significant repairs or renovations being required. The plot size is 456 sqft. While this is a relatively small plot size for a property in the UK, it is typical for a flat. Therefore, the land score is likely to reflect this. The average price for properties in the area is £324,615, with an average price per sqft of £265. This property is listed at £125,000, significantly below the average price. However, the average sqft is 1,221 sqft, which is more than double the size of this property. Considering the smaller size and the fact that it is a flat, rather than a house, the price of £125,000 may be reasonable. Further analysis of comparable properties in the area would be needed to confirm this.

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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