Leaders Sales says ..

Property Oracle says ..

The property is a two-bedroom apartment located on Scott Road in Thorpe Hamlet, Norwich. It is listed at £120,000 and has a size of 477.50 sqft on a 481 sqft plot.

The location is good, with several outstanding-rated primary schools within a reasonable distance, including Lionwood Infant and Nursery School (0.44km) and Trowse Primary School (1.33km). Norwich train station is also relatively close at 1.33km, providing convenient access to transportation.

Based on the provided images, the apartment appears to be in need of some modernisation. While structurally sound, the decor is dated, and the property shows signs of wear and tear. There is clutter visible in many of the rooms, making it difficult to fully assess the condition of the fixtures and fittings. A thorough inspection would be needed to determine the extent of any necessary repairs.

The property includes a small shared garden area, as shown in the exterior photographs. The size of the plot is relatively small, typical of apartment complexes.

Considering the list price of £120,000, the average price for properties in the area is £228,472, and the average price per sqft is £306. This apartment is significantly below the average price. However, the average sqft in the area is 745 sqft, considerably larger than this property. Given the condition of the property and its smaller size, the list price appears to be relatively reasonable, although a full survey would be needed to confirm this. Nearby comparable properties on Scott Road range from £110,000 to £170,000, supporting the assertion that the list price is within the market range for similar properties in the area.

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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