Connells says ..

Property Oracle says ..

The property is a 2-bedroom apartment in Ipswich, Suffolk. The apartment is located close to Ipswich town centre and the marina, offering convenient access to amenities and transport links. The proximity to the University of Suffolk and several schools is also a positive aspect for potential buyers. Based on the provided images, the property appears to be in reasonable condition, though some minor updates or cosmetic improvements might enhance its appeal. The kitchen and bathroom seem functional but could benefit from some modernisation. The apartment has access to a communal garden area, which is a plus.

Considering the list price of £130,000, the average price of properties in the area (£590,968), and the average price per square foot (£492), this property is significantly below average. However, it’s important to note that the provided nearby listings are also significantly below average, suggesting that this property’s price might reflect its size and type (apartment) rather than a significant undervaluation. The lack of plot size data makes it difficult to fully assess the land value. The property’s condition, while reasonable, is not exceptional. Therefore, while the price seems low compared to the overall average, it appears relatively reasonable within the context of similar properties in the immediate vicinity.

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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