Leaders Sales says ..

Property Oracle says ..

The property is a 1-bedroom apartment located on Cobbold Road in Felixstowe, Suffolk. The asking price is £110,000. Considering the provided images, the property appears to be in need of some modernisation. While the structure seems sound, the interior decor and furnishings are dated and could benefit from updating. The garden, visible in one of the images, appears to be of a reasonable size for a property of this type. The location in Eastern Felixstowe places it within reasonable proximity to local amenities, transportation links (Felixstowe train station is 0.46km away), and several schools. Fairfield Infant School, rated ‘Good’ by Ofsted, is less than a kilometer away. However, it’s important to note that the average house price in the area is significantly higher (£353,422) than the listed price of this property. Nearby comparable properties on Cobbold Road are listed between £110,000 and £180,000, but the lack of square footage data for these properties makes a direct comparison difficult. The average price per square foot in the area is £319, but without the square footage of the subject property, a precise price-per-square-foot analysis cannot be performed. Given the need for modernisation, the relatively small size (as suggested by the lack of square footage data and comparison to other properties), and the lower price point compared to area averages, the property could represent reasonable value for money for a buyer looking for a project. However, a full valuation considering the property’s actual square footage would be necessary 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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