IP12 Lettings & Property Management says ..

Property Oracle says ..

The property is a 3 bedroom bungalow situated on Ransom Road, Woodbridge, Suffolk. It’s listed at £550,000 and has 1,615 sqft of living space and a plot size of 1,615 sqft.

The location is excellent, with Farlingaye High School (Outstanding Ofsted rating) just 0.32km away and St Mary’s Church of England Primary School (Good Ofsted rating) 0.57km away. Woodbridge train station is also relatively close, providing convenient access to other areas. The proximity to highly-rated schools and transport links significantly enhances the property’s desirability.

Based on the provided images, the property appears to be in generally good condition, although some modernisation may be desirable to enhance its overall appeal. The interior shows signs of wear and tear, particularly in the flooring and some wall finishes. The kitchen and extension appear more modern. However, the property doesn’t appear to be in need of major repairs or renovation. The garden is a significant asset, offering a good amount of outdoor space.

Considering the average house price in the area is £429,649 and the average price per sqft is £489, the listed price of £550,000 for this 1,615 sqft bungalow seems slightly higher than average, but justifiable given its location, size, and the inclusion of a garden. The presence of nearby comparable properties listed at similar prices further supports this assessment. However, a thorough survey would be recommended to assess the property’s structural condition and potential hidden costs.

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

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