Auction House says ..

Property Oracle says ..

This property in Great Yarmouth, Norfolk, is a block of apartments listed for sale by auction. The location is reasonably convenient, close to some amenities and schools, with a train station within a reasonable distance. However, Great Yarmouth itself is not considered a high-demand area in the UK housing market.

The property’s condition appears to be fair, though the photos suggest that modernisation and potential repairs will be necessary. The interior decor is somewhat dated, and a fresh approach would be beneficial. The available land is limited to a small paved yard; there is no significant garden space.

The price of £160,000 requires further consideration. Comparable properties in the area offer a wide range of prices, making a direct comparison difficult. As this property is being auctioned, the final sale price may deviate from the listed value. Therefore a definitive judgment on value for money cannot be made until the auction results are seen. Overall the property represents a potentially viable investment opportunity for those willing to undertake renovation work, but with considerations given to the location and 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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