Hamilton Smith says ..

Property Oracle says ..

The property is located on Croft Street in the Bridge area of Ipswich, Suffolk. The area benefits from relatively close proximity to several primary and secondary schools, with varying Ofsted ratings. The nearest school, Hillside Primary School, is only 0.25km away, although its Ofsted rating is listed as ‘Requires Improvement’. Transport links appear reasonable, with Ipswich train station approximately 0.94km from the property. Based on the provided images, the property is in need of significant renovation. The interior shows considerable wear and tear, with damaged walls, flooring, and outdated fixtures. The kitchen and bathroom, while functional, are also dated and could benefit from modernization. The presence of a skip outside the property further supports the assessment of the property needing significant work. The property includes a small garden, although the images suggest it requires some attention. The size of the garden is not specified, however, it appears to be a typical size for a terraced house in this area. Considering the list price of £150,000, the average house price in the area is significantly higher at £402,872. The average price per square foot is £391, but the square footage of the subject property is unavailable, preventing a direct comparison. However, given the property’s condition and the need for substantial renovation, the list price appears relatively low compared to other properties in the area, even considering its need for renovation. Nearby comparable properties range from £60,000 to £170,000, suggesting the property is priced competitively within the range of similar properties in the area, despite needing significant work.

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

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