Day & Knight Property says ..

Property Oracle says ..

This property is a 5-bedroom, 2-bathroom terraced house located in Beccles, Suffolk, listed at £500,000. The property has a total area of 2,465 square feet and benefits from a garden. The location is good, with nearby schools such as The Albert Pye Community Primary School (rated ‘Good’ by Ofsted) and Set Beccles School (also rated ‘Good’) within a short distance. Beccles train station is also conveniently located at 0.34 km. The proximity to amenities and transport links makes this a desirable area. Based on the provided images, the property appears to be in need of significant renovation. The interior features dated fixtures, carpets, and wallpaper throughout. Several rooms contain furniture and belongings that suggest the property has been vacated and is awaiting renovation. The property shows signs of wear and tear and would require substantial investment to bring it up to modern standards. The property includes a garden, although the size is not specified, suggesting some outdoor space. Considering the list price of £500,000, the average price in the area is £292,749, and the average price per square foot is £328. This property is significantly larger than average at 2,465 sqft compared to the average of 890 sqft. However, given its condition, requiring extensive renovation, the price may be considered high compared to other properties in the area. Nearby comparable properties show a range of prices, with some significantly lower than the asking price for this property. The need for substantial renovation work impacts the overall value and should be factored into any assessment of the property’s worth. The property would benefit from being described as a period property due to its architectural features.

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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