Durrants says ..

Property Oracle says ..

The property is a beach hut located on North Parade in Southwold, Suffolk. It is listed for £125,000. The beach hut appears to be in reasonable condition for its age and type. There is no evidence of significant damage or the need for major repairs. However, it is important to note that beach huts are subject to coastal weather conditions, which can impact their longevity. A thorough inspection would be advised to assess the structural integrity and the condition of any internal fixtures and fittings. The location score is high due to its prime position on the beach in Southwold. Southwold is a popular seaside town, known for its attractive beach, independent shops, and family-friendly atmosphere. This location is likely to attract significant interest from buyers seeking a holiday home or a unique investment opportunity. The proximity to Southwold Primary School (0.58km) is also a positive factor for families. The land aspect is minimal, as it is a beach hut with only a small plot of land directly associated with it. The price of £125,000 seems high compared to other beach huts in the area, though comparable listings are not available for a direct comparison. The average house price in Southwold is significantly higher (£599,219), but this is not directly comparable to a beach hut. To assess the value, a detailed comparison with similar recently sold beach huts in Southwold would be required. The lack of square footage data for the property and comparable properties makes a definitive judgment on price per square foot impossible.

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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