Ascot Estate Agency says ..

Property Oracle says ..

The property is a two-bedroom apartment located in Ipswich, Suffolk. The location is reasonably convenient, with several schools and transportation links within a reasonable distance. The University of Suffolk is particularly close, suggesting potential rental income from students. However, the provided data does not offer sufficient detail to fully assess the quality of local amenities or the overall desirability of the area. Based on the images, the property appears to be in fair condition. While it is not in need of major renovations, some minor cosmetic improvements could enhance its appeal. The flooring and walls appear clean and recently updated, but the overall presentation could benefit from some additional attention. There is no evidence of significant wear and tear. The lack of information regarding plot size prevents a meaningful assessment of the land. Given the list price of £125,000 and the average price per square foot of £492 in the area, it’s difficult to assess the value. The absence of square footage data for the subject property makes it impossible to compare it directly to area averages. However, considering the average house price in the area is significantly higher (£590,968), the list price of this apartment appears relatively low, potentially indicating good value for money, but further information is needed to confirm this. The nearby comparable properties show a wide range of prices, from £83,000 to £360,000, indicating considerable price variation in the local market. This makes it difficult to definitively assess the value of the subject property without additional information.

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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