William H. Brown says ..

Property Oracle says ..

The property is a 2-bedroom terraced house located on Parliament Road in Ipswich, Suffolk. The list price is £185,000. The property appears to be in reasonable condition, though some minor cosmetic improvements could enhance its appeal. The kitchen and bathroom appear functional but dated. The property benefits from a garden, though its size is not specified, and the images suggest it is relatively long and narrow. The location is convenient, with nearby schools and transportation links. The proximity to these amenities is a positive aspect. However, the average house price in the area (£374,740) is significantly higher than the list price of this property. This suggests that the property may be underpriced, particularly given the lack of information regarding the square footage. Further investigation into the property’s size and any potential issues not visible in the images would be necessary to fully assess its value. The lack of square footage information for both the property and the plot prevents a precise evaluation of price per square foot and land value. Consequently, a definitive assessment of the price’s reasonableness relative to the market is not possible. However, based on comparable properties in the area, the list price appears to be below the average, which could indicate good value, provided the property’s size is commensurate with the price. Based on the images provided, the property does not appear to need significant renovation, it could be considered a traditional property that has had some modernisation.

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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