Mortimer & Gausden says ..

Property Oracle says ..

Moreton Hall is a popular residential area of Bury St Edmunds, known for its family-friendly atmosphere and convenient location. The property is within easy reach of local shops, including a Sainsbury’s supermarket, and schools catering to all age groups. The proximity to Bury St Edmunds town centre and its amenities is also a significant advantage. The nearby train station provides convenient access to other parts of the UK.

Based on the provided photographs, the property appears to be well-maintained and in good condition. The kitchen has recently been updated, and the rest of the house seems to be in a habitable and presentable state. There is no obvious need for major repairs or renovations.

The property includes a garden, which is a desirable feature for many buyers, especially families. The garden appears to be of a reasonable size, providing ample space for outdoor activities and relaxation.

Considering the property’s condition, location, and inclusion of a garden, the list price of £550,000 appears to be slightly above the average price for the area. However, the property is larger than the average house in the area (1,575.62 sqft vs 954 sqft), and the average price per square foot of £366 may not fully reflect the value of a larger, well-maintained property in a desirable location such as Moreton Hall. Nearby comparable properties support a higher price per sqft. The price may be justified given the property’s features and location.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images