ScottBeckett says ..

Property Oracle says ..

The property is a 1 bedroom apartment located in Homeorr House, Gainsborough Road, Felixstowe, Suffolk. It is listed at £77,500 and has 345 sqft of living space. The apartment appears to be in need of modernisation. The décor is dated, and the carpets and paintwork show significant wear and tear. The kitchen and bathroom, while functional, also appear dated and could benefit from updating. The property benefits from being located within walking distance of several schools, all rated ‘Good’ by Ofsted, and the Felixstowe train station is also close by. The plot size is 0 sqft, indicating no private garden. Considering the average price per sqft in the area is £319, and the property is listed at £77,500, the price per sqft is approximately £225. This is significantly lower than the average for the area. However, the need for modernisation must be factored in. While the price is low compared to the average property price in the area, the need for renovation might make the price seem more reasonable. A thorough assessment of the costs associated with modernisation would be needed to determine if the list price represents good value.

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

Images