Websters Drayton says ..

Property Oracle says ..

The property is located on Norwich Road in New Costessey, a village situated west of Norwich. The area benefits from being close to a bus stop and various shops, making it convenient for daily needs. The presence of Banks House School within 0.15km adds to the family-friendly appeal of the location. While other schools are slightly further away, their proximity still contributes positively to the area’s desirability. The 8.31km distance to Norwich city centre provides access to a wider range of amenities and employment opportunities. Overall, the location score is enhanced by its convenience and access to essential services and schools.

Based on the provided photographs, the property appears to be in need of modernisation. The interior features dated fixtures, fittings, and decor throughout. While the structure seems sound, significant updating is required to bring it to a contemporary standard. The kitchen and bathrooms, in particular, show their age. The property’s overall condition could be improved with renovations.

The property includes a substantial garden, as evidenced by the photographs showcasing a sizable lawn and mature trees. The garden offers ample outdoor space, adding value to the property.

The list price of £500,000 is significantly higher than the average price of £334,022 for the area. However, the property is considerably larger than the average at 2,040 sqft compared to 1,034 sqft. Considering the average price per sqft of £323, a property of this size might be expected to cost around £658,920. While the property requires modernisation, the presence of a large garden and the overall size of the property could justify a higher price than the average. Therefore, while the list price is above the average, it may not be unreasonable considering the property’s size and features, provided the necessary renovations are factored into the purchase price.

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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