Leaders Sales says ..

Property Oracle says ..

This property is a two-bedroom, one-bathroom terraced house located on Crown Street in Stowmarket, Suffolk. The list price is £180,000, and the property has a total area of 638.30 sqft. The average house price in the area is significantly higher at £530,332, with an average price per sqft of £604.00. This suggests that the property may be underpriced compared to the overall market average. However, further analysis is needed to determine if this is indeed the case.

The property appears to be in generally good condition, although some minor updates or cosmetic improvements might enhance its appeal. The kitchen shows signs of some modernisation, while the bathroom has a dated but functional checkerboard tile design. The property benefits from a small, enclosed rear garden, which is a positive feature, although it is not particularly large. The location is convenient, with good proximity to Stowmarket train station (0.49km), offering easy access to other areas. The presence of several schools within a reasonable distance (less than 1.1km) is also a positive attribute for families.

Considering the average price per sqft in the area (£604.00) and the property’s size (638.30 sqft), a rough estimate of its value would be around £385,000. However, the actual market value is significantly lower, likely due to factors such as the smaller plot size (0.00 sqft) and the overall condition of the property. The list price of £180,000 appears to be reasonably priced when compared to similar properties in the area, particularly considering its location and the presence of a small garden. The property’s proximity to transportation and schools increases its desirability, and the smaller size might appeal to first-time buyers or those seeking a low-maintenance property.

Based on the provided information and images, the property is suitable for a first-time buyer or a small family. The reasonably priced listing, combined with its convenient location and small garden, makes it a potentially attractive option in the Stowmarket market.

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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