Auction House says ..

Property Oracle says ..

This property is a 3-bedroom terraced house located in Ely, Cambridgeshire. The list price is £330,000, and the property has a total area of 1337.95 sqft. Based on the images provided, the property appears to be in need of significant renovation. The kitchen has dated cabinetry and flooring; other images show significant wear and tear, plaster damage, and an overgrown garden. The property benefits from being located near several schools, including King’s Ely (0.96km), Spring Meadow Infant School (1.34km), Highfield Ely Academy (1.44km), and Ely St Mary’s Cofe Junior School (1.46km). Ely train station is also within a reasonable distance (0.74km). However, the plot size is listed as 0.00 sqft, indicating a lack of significant garden space. The average house price in the area is considerably higher (£1,202,316), and while the average price per sqft (£678) is lower than the implied price per sqft of this property, the significant renovation needed means that the £330,000 list price may still represent good value for money, depending on the extent of the necessary work. Nearby comparable properties range from £188,000 to £555,000, suggesting a degree of variability in pricing within the area. Further investigation into the specific condition of the property and the costs associated with renovation would be necessary to definitively assess its 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. *

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