Palmer & Partners says ..

Property Oracle says ..

This one bedroom apartment is located in the Holywells area of Ipswich, Suffolk. The property is well-presented and benefits from a communal garden and parking. The apartment is conveniently located near several schools, including St. Helen’s Primary School (rated “Good” by Ofsted) and Suffolk New College. Transport links are also good, with Derby Road train station within a reasonable distance. However, the list price of £85,000 is significantly below the average price for the area (£211,285) and the average price per square foot (£241). While this may seem attractive, it is important to consider the size of the property (572.64 sqft) and the lack of information regarding the property’s condition and any potential maintenance costs. Nearby comparable properties on Pownall Road range from £120,000 to £172,000, suggesting that the list price may be undervalued. Further investigation into the condition of the property and potential hidden costs is recommended.

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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