Gilson Bailey says ..

Property Oracle says ..

The property is located in Lakenham, Norwich. Based on the provided images, the property appears to be in good condition, recently decorated and well maintained. The kitchen and bathrooms are clean and modern. There is evidence of some outdoor space, although the plot size is listed as 0.00 sqft. The property is within reasonable proximity to several schools, including Edith Cavell Academy and Lakenham Primary School, both rated ‘Good’ by Ofsted. Norwich train station is approximately 2km away, providing good transport links. Considering the average price per sqft in the area is £327, and this property is 665 sqft, a fair market value might be around £217,000. The list price of £140,000 is significantly below this estimate. However, the lack of plot size and the fact that comparable properties on Springbank have sold for less may indicate that the list price is reasonable, particularly given its condition and location. The lower prices of comparable properties might be due to factors not included in the provided data.

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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