YOUR MOVE Oliver James says ..

Property Oracle says ..

This three-bedroom terraced house in Lowestoft, Suffolk is listed at £190,000. The property is located on St Margarets Road, within a short distance of local schools, including St Margaret’s Primary Academy and Ormiston Denes Academy (though it is worth noting that both schools have received less than stellar Ofsted ratings). Transport links are also relatively close by, with Lowestoft train station approximately 1.35km away.

The property itself appears to be in reasonable condition, though some modernisation may be desirable. The kitchen and bathroom appear functional but dated. The garden is small and requires some attention.

Considering the average house price in the area is £177,500 and the average price per square foot is £196, the asking price of £190,000 for this 800 sq ft property seems slightly on the higher side, especially given the need for some modernisation and the relatively small plot size. However, comparable properties in the area are selling for similar prices, suggesting the asking price may be justifiable within the current market conditions.

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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