Minors & Brady says ..

Property Oracle says ..

The property is a 3 bedroom, 2 bathroom terraced house located on Worthing Road, Lowestoft, Suffolk. The list price is £225,000. The property appears to have undergone a recent, high-quality renovation. The interior is modern and bright, featuring a contemporary kitchen and bathrooms. The images show a clean, well-maintained property, suggesting it is in excellent condition. The property benefits from a small, enclosed rear garden. While not extensive, the garden provides a private outdoor space. Considering the average price of similar properties in the area is £177,500 and the average price per square foot is £196, this property, at £225,000, is priced above average. However, the recent renovation and modern finishes are likely contributing factors to the higher price. Nearby comparable properties on Worthing Road have sold for significantly less, ranging from £33,500 to £119,000. These variations highlight the significant impact of property condition on sale price. The higher-priced nearby listings are likely in better condition, or have larger plots. The lack of plot size information for the comparable properties makes a precise price per sqft comparison difficult. However, based on the available data, the property’s price appears slightly inflated compared to other properties in the area, but justified by the apparent high standard of its recent renovation. The location is close to several schools, though their Ofsted ratings vary. The proximity to Lowestoft train station (1.55km) is a positive aspect, offering convenient access to public transportation.

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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